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Director/PDMR Shareholding

31 Jul 2020 07:00

RNS Number : 6664U
Drumz PLC
31 July 2020
 

31 July 2020

 

Drumz plc 

('Drumz' or the 'Company')

Director Shareholding

 

The Company was advised today that Nishith Malde, a non-executive director of the Company, on 30 July 2020, transferred 5,000,000 ordinary shares in the Company ("Ordinary Shares") from his Qualifying Non-UK Pension Scheme to an International Pension Plan, for no consideration.

 

Following the transfer, Nishith Malde continues to have an interest in 12,689,964 Ordinary Shares representing approximately 5.00% of the Company's issued share capital. The beneficial holding of Nishith Malde comprises his direct holding of 11,230,464 Ordinary Shares and an interest of 1,459,500 Ordinary Shares in the Company held by way of his shareholding in Highlands Village Limited, of which he owns 8.4%. Highlands Village Limited owns 17,375,000 Ordinary Shares in the Company.

 

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

 

For further information please contact:

 

Drumz Plc

Angus Forrest

+44 (0) 20 3582 0566

WH Ireland (NOMAD & 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

 

 

Nishith Malde

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

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, type of instrument

 

Identification code

 

 

 

Ordinary Shares of 0.1p each

 

 

GB00B06CZD75 

b)

 

Nature of the transaction

 

 

Transfer of shares between pensions

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

N/a

5,000,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 5,000,000

 

 

N/a

e)

 

Date of the transaction

 

 

30 July 2020

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHEBLFXBDLXBBF
12
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12

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