Drumz Plc AGM Statement

 
TIDMDRUM 
 
18 June 2021 
 
                                   Drumz plc 
 
                          ("Drumz" or the "Company") 
 
                                 AGM Statement 
 
Drumz plc (AIM:DRUM), the investing company, focused on building value in the 
technology sector, is pleased to announce that, Simon Bennett, Non-Executive 
Chairman, will make the following statement at the AGM: 
 
"We regret the ongoing Government restrictions relating to COVID 19 mean that 
attendance at the meeting to be held today has to be curtailed.  The following 
statement provides an update on the business. 
 
This is the first set of results following the re-focus of the Group on the 
technology sector. Our first investment in Acuity Risk Management Limited 
("Acuity"), which specialises in the management of cybersecurity risk, is in a 
sector where customer demand is running exceptionally high, as more and more 
businesses seek to protect their data for financial, reputational and 
regulatory reasons.  Demand for the company's proprietary software platform 
STREAMT continues to grow and I look forward to reporting further on Acuity's 
progress in the coming months. 
 
Our strategy is to invest in and acquire technology businesses where the 
Directors believe they can be improved by a combination of our management 
expertise and the provision of investment to improve the businesses growth 
prospects. 
 
We remain focused on building on the performance improvements already made at 
Acuity and we continue to look at investment opportunities where we can 
transform value, with the priority being to deliver enhanced value for 
shareholders. I look forward to reporting on further progress in due course" 
 
For further information please 
contact: 
 
Drumz Plc 
 
Angus Forrest                          [phone] 
 
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 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 18, 2021 02:00 ET (06:00 GMT)