TIDMDRUM 
 
6 September 2021 
 
                                  Drumz plc 
 
                          ('Drumz' or the 'Company') 
 
                         Further Investment and Update 
 
Further investment 
 
Drumz plc (AIM:DRUM) is pleased to announce that Drumz has exercised its option 
to acquire a further 5% in Acuity Risk Management Limited ('Acuity'), in which 
Drumz already has a 20% shareholding, thereby increasing its shareholding to 
25%, for a cash consideration of £125,000. 
 
Acuity's product STREAMT is an Integrated Risk Manager ("IRM") software 
product.  STREAMT is used by private and public sector clients to manage their 
cyber security and other enterprise risks. 
 
Update on Acuity 
 
Gartner, the global research and advisory firm, has identified Acuity and its 
product STREAMT in major reports in 2021. 
 
  * Gartner Peer Reviews on IT Risk Management - STREAMT is the number one 
    product 
  * Gartner survey on Hype CycleT for Cyber and IT Risk Management, 2021 covers 
    Acuity and STREAMT. 
 
Acuity has launched a significant upgrade to STREAMT which offers users 
enhancements for productivity, workflow, user management, security and 
audit.  Additionally, Acuity has secured ISO 27001 status, the international 
standard for management and protection of information assets and security. 
 
Additionally, Acuity has been shortlisted for 'Cyber Security Solution of the 
Year' in the National Technology Awards, 2021. 
 
Acuity's business continues to expand, there have been two recent new business 
wins with a value of approximately £250,000. 
 
Angus Forrest, Chief Executive of Drumz said: 
 
"Cybersecurity continues to grow in importance as organisations transform using 
digital products and services.  We are pleased with the progress made by Acuity 
since our initial investment, all aspects of the business have been 
strengthened with further developments in progress.  Increasing Drumz' 
shareholding represents a further endorsement of the management team at Acuity 
and I am greatly encouraged that expert commentators such as Gartner continue 
to rate Acuity's STREAMT product extremely highly." 
 
This announcement includes  inside information as defined in Article 7 of the 
Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the 
Company's obligations under Article 17 of those obligations. 
 
For further information please 
contact: 
 
Drumz Plc                              www.drumzplc.com 
 
Angus Forrest                          +44 (0) 20 3582 0566 
 
WH Ireland (NOMAD & Broker)            www.whirelandcb.com 
 
Mike Coe / Sarah Mather                020 7220 1666 
 
Peterhouse Capital Limited (Joint 
broker) 
 
Lucy Williams / Duncan Vasey           020 7469 0936 
 
Note to Editors 
 
Drumz plc 
 
Drumz plc (AIM): DRUM) is an investing company 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. 
 
Drumz will, where necessary, make available some of its experienced management 
team and provide finance to facilitate the necessary changes, so that the value 
of the businesses in which Drumz invests will be transformed over a two to four 
year period. In due course, the new Directors expect to dispose of such 
businesses, in whole or in part, in order to realise value for Drumz and its 
shareholders. 
 
 
 
END 
 
 

(END) Dow Jones Newswires

September 06, 2021 02:00 ET (06:00 GMT)

Energiser Investments (LSE:ENGI)
Gráfica de Acción Histórica
De Sep 2021 a Oct 2021 Haga Click aquí para más Gráficas Energiser Investments.
Energiser Investments (LSE:ENGI)
Gráfica de Acción Histórica
De Oct 2020 a Oct 2021 Haga Click aquí para más Gráficas Energiser Investments.