Issue of Warrants and PDMR
22/11/2024 07:00
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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 10,000,000 10,000,000
(Mike Edwards)
Dark Peak Services Ltd 5,000,000 5,000,000
(Nick Lyth)
Mark Rutledge 500,000 500,000
For further information please contact:
StreaksAI PLC
Mike Edwards via First Sentinel (Corporate Advisor)
Interim CEO +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 (http://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 10,000,000 Ordinary Shares
· Price £20,000
e) Date of the transaction 21 November 2024
f) Place of the Transaction Outside of a trading venue
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 5,000,000 Ordinary Shares
· Price £10,000
e) Date of the transaction 21 November 2024
f) Place of the Transaction Outside of a trading venue
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 500,000 Ordinary Shares
· Price £1,000
e) Date of the transaction 21 November 2024
f) Place of the Transaction Outside of a trading venue
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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