This announcement contains
information which, prior to its disclosure, was inside information
as stipulated under Regulation 11 of the Market Abuse (Amendment)
(EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this
inside information is now considered to be in the public
domain.
29 January 2025
StreaksAI
PLC
("StreaksAI" or "the Company")
Exercise of
Warrants, PDMR Dealings
and
Grant of Warrants
StreaksAI PLC (LSE: STK), a UK-based
generative AI platform, announces that it
has received notice from Mark Rutledge, Non-Executive Director of
StreaksAI, to exercise warrants over 500,000 ordinary shares
of £0.001 each in
the Company ("Ordinary
Shares") at an exercise price of £0.002 per
Ordinary Share ("New Ordinary
Shares"). As a result, the Company will issue 500,000
New Ordinary Shares to Mark Rutledge.
Admission and Total Voting Rights
Application will be made for the New
Ordinary Shares, which will rank pari passu with the existing
Ordinary Shares in issue, to be admitted to trading on the London
Stock Exchange Main Market ("Admission"). Dealings are expected to
commence on or around 04 February 2025.
Following Admission, the Company's
total issued and voting share capital will consist of 454,232,535
Ordinary Shares. The Company does not hold any ordinary shares in
treasury.
Therefore, the above figure may be
used by shareholders in the Company as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
Grant of Warrants
StreaksAI also announces that it has
granted a total of 5,000,000 Warrants to two Directors (through
companies owned by them) of the Company to subscribe for new
ordinary shares of £0.001 each ("Warrants")
as outlined below.
The Warrants are exercisable at £0.01 per ordinary
share and have an exercise period limit of three years, vesting
immediately.
|
Director
|
Number of Warrants being issued
|
Total number of Warrants held including this
issue
|
|
Letter 4 Consulting Ltd
(a company controlled by Darcy
Taylor)
|
2,500,000
|
2,500,000
|
|
Fidelio Partners Pte Ltd
(a company controlled by Matthew
Lodge)
|
2,500,000
|
2,500,000
|
Following the issue of the
Warrants and exercise of Warrants,
the Company will have a total of
82,150,000 warrants in
issue.
For further information please
contact:
|
StreaksAI PLC
|
|
|
Matthew Lodge
|
via
First Sentinel (Corporate Advisor)
|
|
Corporate Broker
|
|
|
Brian Stockbridge (First Sentinel)
|
+44
20 3855 5551
|
About Streaks:
StreaksAI PLC is a provider of AI
based conversational technologies. The Company offers two core
products in the gaming and conversational AI space.
For more information on the
Conversational AI product, please visit www.streaks.ai.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Letter 4 Consulting Ltd
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
PCA of Darcy Taylor,
Non-executive
Director of StreaksAI PLC
|
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
StreaksAI PLC
|
|
b)
|
LEI
|
984500FV43C9G16DK633
|
|
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, type of instrument
|
Warrants over ordinary
shares
|
|
|
Identification Code
|
GB00BMFCRZ80
|
|
b)
|
Nature of the transaction
|
Issue of Warrants at
GBP 0.01 exercise price
issued at Nil consideration
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.01
|
2,500,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
2,500,000 Ordinary Shares
£25,000
|
|
e)
|
Date of the transaction
|
28 January 2025
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Fidelio Partners Pte Ltd
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
PCA of Matthew Lodge, Chairman and
Chief Executive Officer of StreaksAI PLC
|
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
StreaksAI PLC
|
|
b)
|
LEI
|
984500FV43C9G16DK633
|
|
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, type of instrument
|
Warrants over ordinary
shares
|
|
|
Identification Code
|
GB00BMFCRZ80
|
|
b)
|
Nature of the transaction
|
Issue of Warrants at
GBP 0.01 exercise price
issued at Nil consideration
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.01
|
2,500,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
2,500,000 Ordinary Shares
£25,000
|
|
e)
|
Date of the transaction
|
28 January 2025
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mark Rutledge
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Mark Rutledge, Non-Executive Director of StreaksAI
PLC
|
|
b)
|
Initial notification /
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
StreaksAI PLC
|
|
b)
|
LEI
|
984500FV43C9G16DK633
|
|
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, type of instrument
|
Exercise of
warrants
|
|
|
Identification Code
|
GB00BMFCRZ80
|
|
b)
|
Nature of the transaction
|
Exercise of warrants at
GBP 0.002 exercise price
issued
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.002
|
500,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
500,000 Ordinary Shares
£1,000
|
|
e)
|
Date of the transaction
|
28 January 2025
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|