StreaksAI PLC Issue of Warrants and PDMR
22 November 2024 - 6:00PM
RNS Regulatory News
RNS Number : 2380N
StreaksAI PLC
22 November 2024
22 November
2024
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.
StreaksAI
PLC
("StreaksAI" or "the Company")
Issue of Warrants and
PDMR
StreaksAI PLC (LSE: STK), a UK-based
generative AI platform, announces that it has granted a total of
21,500,000 warrants to subscribe for new ordinary shares of £0.001
each ("Warrants") to
certain service providers and directors. The Warrants are
exercisable at 0.2 pence per ordinary share and have an exercise
period limit of three years, vesting immediately.
Following the issue of the Warrants,
the Company has a total of 77,650,000 warrants in
issue.
The directors of the Company have
been granted, in aggregate, 15,500,000 Warrants as set out
below.
|
Director
|
Number of Warrants being issued
|
Total number of Warrants held including this
issue
|
|
Marallo Holdings Pte Ltd
(Mike Edwards)
|
10,000,000
|
10,000,000
|
|
Dark Peak Services Ltd
(Nick Lyth)
|
5,000,000
|
5,000,000
|
|
Mark Rutledge
|
500,000
|
500,000
|
For further information please
contact:
|
StreaksAI PLC
|
|
|
Mike
Edwards
Interim CEO
|
via
First Sentinel (Corporate Advisor)
+44
20 3855 5551
|
|
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
|
Marallo Holdings Pte Ltd
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
PCA of Mike Edwards, Chairman and
Interim CEO 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 0.002 exercise price
issued at Nil consideration
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.002
|
10,000,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
10,000,000
Ordinary Shares
£20,000
|
|
e)
|
Date of the transaction
|
21
November 2024
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Dark Peak Services Ltd
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
PCA of Nick Lyth, CFO 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 0.002 exercise price
issued at Nil consideration
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
GBP 0.002
|
5,000,000
|
|
|
d)
|
Aggregated information:
· Aggregated volume
· Price
|
5,000,000
Ordinary Shares
£10,000
|
|
e)
|
Date of the transaction
|
21
November 2024
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Mark Rutledge
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
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 0.002 exercise price
issued at Nil consideration
|
|
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
|
21
November 2024
|
|
f)
|
Place of the Transaction
|
Outside of a trading
venue
|
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