Drumz Plc Grant of Options
November 26 2020 - 3:27AM
UK Regulatory
TIDMDRUM
26 November 2020
Drumz plc
('Drumz' or the 'Company')
Grant of Options
The Company announces that, on 25 November 2020, it has awarded options over
4,000,000 ordinary shares of 0.1 pence to Angus Forrest, the Company's Chief
Executive Officer.
The options have been granted under the Company's unapproved share option
scheme. The options have an exercise price of 0.55 pence per share. The
options vest immediately and are exercisable in whole or in part at any time in
the next three years.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (MAR).
Drumz plc (AIM): DRUM) is focused on investing in and acquiring established
software businesses that own good technology, have quality customers and which
could better exploit their assets and accelerate their growth with the
injection of experienced management and new funds.
Enquiries:
Drumz Plc www.drumzplc.com
Angus Forrest, Chief Executive 020 3582 0566
W H Ireland (NOMAD and Broker) www.whirelandcb.com
Mike Coe / Chris Savidge 020 7220 1666
Peterhouse Capital Limited (Joint
broker)
Lucy Williams / Duncan Vasey 020 7469 0936
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Angus Forrest
2 Reason for the notification
a) Position/status CEO
b) Initial notification / Initial Notification
Amendment
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Drumz plc,
b) LEI 213800JHJFKALDJA5X97
4 Details of the transaction(s): section to be repeated for (i) each
type of instrument; (ii) each type of transaction; (iii) each date;
and (iv) each place where transactions have been conducted
a) Description of the
financial instrument, Share Options over Ordinary shares of 0.1p
type of instrument each
Identification code
GB00B06CZD75
b) Nature of the Grant of Options
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
0.55p 4,000,000
d) Aggregated information
- Aggregated volume 4,000,000
- Price GBP22,000
e) Date of the transaction 25 November 2020
f) Place of the London Stock Exchange, AIM
transaction
END
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