Drumz Plc AGM Statement
18 Junio 2021 - 1:00AM
UK Regulatory
TIDMDRUM
18 June 2021
Drumz plc
("Drumz" or the "Company")
AGM Statement
Drumz plc (AIM:DRUM), the investing company, focused on building value in the
technology sector, is pleased to announce that, Simon Bennett, Non-Executive
Chairman, will make the following statement at the AGM:
"We regret the ongoing Government restrictions relating to COVID 19 mean that
attendance at the meeting to be held today has to be curtailed. The following
statement provides an update on the business.
This is the first set of results following the re-focus of the Group on the
technology sector. Our first investment in Acuity Risk Management Limited
("Acuity"), which specialises in the management of cybersecurity risk, is in a
sector where customer demand is running exceptionally high, as more and more
businesses seek to protect their data for financial, reputational and
regulatory reasons. Demand for the company's proprietary software platform
STREAMT continues to grow and I look forward to reporting further on Acuity's
progress in the coming months.
Our strategy is to invest in and acquire technology businesses where the
Directors believe they can be improved by a combination of our management
expertise and the provision of investment to improve the businesses growth
prospects.
We remain focused on building on the performance improvements already made at
Acuity and we continue to look at investment opportunities where we can
transform value, with the priority being to deliver enhanced value for
shareholders. I look forward to reporting on further progress in due course"
For further information please
contact:
Drumz Plc
Angus Forrest +44 (0) 20 3582 0566
WH Ireland (NOMAD & Broker) www.whirelandcb.com
Mike Coe / Chris Savidge 020 7220 1666
Peterhouse Capital Limited (Joint
broker)
Lucy Williams / Duncan Vasey 020 7469 0936
END
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