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Director's Dealings and TR-1 Notification

19 Dec 2023 13:10

RNS Number : 3417X
StreaksAI PLC
19 December 2023

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.

19 December 2023

StreaksAI PLC

("StreaksAI" or "the Company")

Director's Dealings and TR-1 Notification

StreaksAI (LSE:STK), a UK-based provider of AI focused conversational gaming "Streaks Gaming" and the newly announced Social AI platform for influencers "Streaks Social", announces that Mike Edwards (Non-Executive Chairman of StreaksAI) has purchased a total of 5,000,000 ordinary shares in the Company ("Ordinary Shares"), the details of which are set out in the notifications below.

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

Mike Edwards

2.

Reason for the Notification

a)

Position/status

Non-Executive Chairman

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

Ordinary shares

Identification Code

GB00BMFCRZ80

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

GBP 0.0069 per Ordinary Share

1,000,000 Ordinary Shares

GBP 0.00695 per Ordinary Share

1,000,000 Ordinary Shares

GBP 0.0079 per Ordinary Share

2,000,000 Ordinary Shares

GBP 0.0088 per Ordinary Share

1,000,000 Ordinary Shares

d)

Aggregated information:

· Aggregated volume

· Price

5,000,000 Ordinary Shares

£38,450

e)

Date of the transaction

13-15 December 2023

f)

Place of the Transaction

London Stock Exchange

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

StreaksAI PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Mike Edwards

City and country of registered office (if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

15/12/2023

6. Date on which issuer notified (DD/MM/YYYY):

18/12/2023

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

4.28%

4.28%

16,200,000

Position of previous notification (if

applicable)

2.96%

2.96%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary Shares

GB00BMFCRZ80

5,000,000

11,200,000

1.32%

2.96%

SUBTOTAL 8. A

16,200,000

4.28%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Marallo Holdings Inc.

2.96%

N/A

2.96%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion

London, UK

Date of completion

19/12/2023

The Directors of StreaksAI take responsibility for this announcement.

For further information please contact:

StreaksAI PLC

Mike Edwards

Non-Executive Chairman

via First Sentinel (Corporate Advisor)

+44 203 989 2222

Corporate Brokers

Peter Krens (Tennyson Securities)

Brian Stockbridge (First Sentinel)

+44 207 186 9030

+44 203 989 2200

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 Gaming AI product, please visit www.playstreaks.com.

For more information on the Conversational AI product, please visit www.streaks.ai.

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END
DSHFLFIVFILALIV
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23rd May 200810:50 amRNSRe Partial Changes in Article
23rd May 200810:32 amRNSStatement re Concerning Parti
23rd May 200810:29 amRNSStatement re Correction of Fi
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25th Apr 200812:42 pmRNSValuation.@Loss
27th Mar 20089:28 amRNSStatement re Transfer
31st Jan 200812:01 pmRNSStatement re Special Loss
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22nd Jun 200711:43 amRNSStatement re (Dividend)
21st Jun 20071:14 pmRNSPartial Correction
19th Jun 20073:33 pmRNSStatement re Affiliated Co
12

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