Director’s Dealings
Summary by AI BETAClose X
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
12 May 2026
Hamak Strategy Limited
("Hamak" or the "Company")
Director's Dealings
Hamak Strategy Ltd. (LSE: HAMA / OTCQB: HASTF) announces that, after the Board of Directors having given approval, it has been notified on 11 May 2026 that Executive Director Karl Smithson and his spouse have traded shares they hold in the Company, to transfer shares from nominee accounts in their personal names into their personal ISA accounts, as follows:
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Date of trades |
Name |
Number of shares sold at 0.9p/share
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Number of shares bought at 0.9004p/share |
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11-May-26 11-May-26 |
K. Smithson S. Smithson |
2,222,223 1,550,833 |
2,220,791 1,549,356 |
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As a result of the transfer, a total of 2,909 ordinary shares were sold at 0.9 pence per share representing the combined costs of the transfer for Mr. and Mrs. Smithson.
The total beneficial holding of Mr. Smithson, including those held by his spouse, after this share transfer is 15,963,991 shares, representing 3.53% of the issued share capital of the Company.
For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of Hamak Strategy is Karl Smithson, Executive Director.
For further information on Hamak you are invited to view the company's website at https://hamakstrategy.com/ or please contact:
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Hamak Strategy Limited Karl Smithson, CEO and Executive Director Mike Murphy, CSO and Executive Director
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AlbR Capital Limited (Corporate Broker) |
+44 (0) 20 7469 0930 |
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Yellow Jersey PR Annabelle Wills |
+44 (0) 20 3004 9512
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About Hamak Strategy Limited
Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing an appropriate and compliant BTC/ crypto treasury management policy.
Important Notice
The Company maintains some of its treasury reserves and surplus cash in Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated by The Financial Conduct Authority (FCA) and Bitcoin investments are generally not subject to regulation by the FCA or otherwise in the United Kingdom. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.
However the FCA considers Bitcoin investments to be high-risk. The value of Bitcoin can go up as well as down, leading to fluctuations in the value of the Company's Bitcoin holdings, and the Company may not be able to realise its Bitcoin holdings for the same amount it paid to acquire them, or even for the value the Company currently attributes to its Bitcoin positions.
The Company's Board of Directors have identified the following risks in relation to the holding of Bitcoin, which are not exhaustive:
• The value of Bitcoin can be highly volatile, with its value falling as quickly as it rises. Investors in Bitcoin must be prepared to lose all money invested.
• The Bitcoin market is largely unregulated. There is a risk of losing money due to factors such as cyber-attacks, financial crime, and counterparty failure.
• The Company may not be able to sell its Bitcoin at will. The ability to sell Bitcoin depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks, and comingling of funds could cause unwanted delays.
• Cryptoassets carry a perception of fraud, money laundering, and financial crime.
An investment in the Company is not an investment in Bitcoin itself, but prospective investors in the Company are encouraged to conduct their own research before investing and should be aware that they will have indirect exposure to the high-risk nature of cryptoassets, including their volatility, and could therefore sustain large or total losses of their investment.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: |
Nicholas Karl Smithson |
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2. |
Reason for the notification |
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a) |
Position/status: |
Executive Director |
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b) |
Initial notification/Amendment: |
Amendment |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: |
Hamak Strategy Limited |
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b) |
LEI: |
213800KTOST6JI2R2865 |
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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 |
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a) |
Description of the financial instrument, type of instrument: |
Ordinary shares of no par value each
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b) |
Nature of the transaction: |
Transfer of Ordinary Shares to ISA Accounts of NK Smithson and his Spouse |
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c) |
Price(s) and volume(s): |
Sale of shares
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d) |
Aggregated information:
Price(s) and volumes: |
Single transaction as in 4 c) above Purchase of shares
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e) |
Date of the transaction: |
11 May 2026 |
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f) |
Place of the transaction: |
Main Market London Stock Exchange |
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