Drumz Plc Director/PDMR Shareholding

 
TIDMDRUM 
 
5 October 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 2 October 2020, transferred 4,000,000 Ordinary shares in the 
Company ("Ordinary Shares") from his Small Self Administered Pension Scheme to 
a Self-Invested Personal 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 
existing issued share capital and 3.68% of the enlarged issued share capital 
following the admission of the new Ordinary Shares on 6 October 2020, pursuant 
to the fundraising announced on 1 October 2020. 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                              www.drumzplc.com 
 
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 
 
 
 
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 /  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,   Ordinary Shares of 0.1p each 
   type of instrument 
 
   Identification code     GB00B06CZD75 
 
 
b) Nature of the           Transfer of shares between pensions 
   transaction 
 
 
c) Price(s) and volume(s)  Price(s)           Volume(s) 
 
                           N/a                4,000,000 
 
d) Aggregated information 
 
 
   - Aggregated volume      4,000,000 
 
 
   - Price                 N/a 
 
 
e) Date of the transaction 2 October 2020 
 
 
f) Place of the            London Stock Exchange, AIM 
   transaction 
 
 
 
 
END 
 

(END) Dow Jones Newswires

October 05, 2020 02:00 ET (06:00 GMT)