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 STREAM™ 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 |