Grant of Options

26 November 2020

Drumz plc 

('Drumz' or the 'Company')

Grant of Options

The Company announces that, on 25 November 2020, it has awarded options over 4,000,000 ordinary shares of 0.1 pence to Angus Forrest, the Company’s Chief Executive Officer. 

The options have been granted under the Company's unapproved share option scheme.  The options have an exercise price of 0.55 pence per share.  The options vest immediately and are exercisable in whole or in part at any time in the next three years.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR).

Drumz plc (AIM): DRUM) is focused on investing in and acquiring established software businesses that own good technology, have quality customers and which could better exploit their assets and accelerate their growth with the injection of experienced management and new funds.

Enquiries:

Drumz Plc	www.drumzplc.com
Angus Forrest, Chief Executive	020 3582 0566
W H Ireland (NOMAD and 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	Angus Forrest
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification /Amendment	Initial Notification
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, type of instrument Identification code	Share Options over Ordinary shares of 0.1p each GB00B06CZD75
b)	Nature of the transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.55p 4,000,000
d)	Aggregated information - Aggregated volume - Price	4,000,000 £22,000
e)	Date of the transaction	25 November 2020
f)	Place of the transaction	London Stock Exchange, AIM