REG - StreaksAI PLC - Director's Dealings and TR-1 Notification

StreaksaiAnnouncement

19/12/2023 13:15

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RNS Number : 3417X  StreaksAI PLC  19 December 2023

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication
of this announcement via a Regulatory Information Service, this inside
information is now considered to be in the public domain.

 

19 December 2023

StreaksAI PLC

 

("StreaksAI" or "the Company")

 

Director's Dealings and TR-1 Notification

 

StreaksAI (LSE:STK), a UK-based provider of AI focused conversational gaming
"Streaks Gaming" and the newly announced Social AI platform for influencers
"Streaks Social", announces that Mike Edwards (Non-Executive Chairman of
StreaksAI) has purchased a total of 5,000,000 ordinary shares in the Company
("Ordinary Shares"), the details of which are set out in the notifications
below.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mike Edwards
 2.  Reason for the Notification
 a)  Position/status                                              Non-Executive Chairman
 b)  Initial notification / Amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         StreaksAI PLC
 b)  LEI                                                          984500FV43C9G16DK633
 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  Ordinary shares
     Identification Code                                          GB00BMFCRZ80
 b)  Nature of the transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)
                                                                  GBP 0.0069 per Ordinary Share   1,000,000 Ordinary Shares
                                                                  GBP 0.00695 per Ordinary Share  1,000,000 Ordinary Shares
                                                                  GBP 0.0079 per Ordinary Share   2,000,000 Ordinary Shares
                                                                  GBP 0.0088 per Ordinary Share   1,000,000 Ordinary Shares
 d)  Aggregated information:

     · Aggregated volume                                          5,000,000 Ordinary Shares

     · Price                                                      £38,450
 e)  Date of the transaction                                      13-15 December 2023
 f)  Place of the Transaction                                     London Stock Exchange

d)

Aggregated information:

· Aggregated volume

· Price

 

5,000,000 Ordinary Shares

£38,450

e)

Date of the transaction

13-15 December 2023

f)

Place of the Transaction

London Stock Exchange

 

 

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 FCA in Microsoft Word format if possible)(i)

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    StreaksAI PLC
 which voting rights are attached(ii):
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
                                                                                                                                                                                                                                                  X
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                      X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         Mike Edwards
 City and country of registered office (if applicable)
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   15/12/2023
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               18/12/2023
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  4.28%                                                                                                        4.28%                           16,200,000
 Position of previous notification (if                                      2.96%                                                                                                        2.96%

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached(viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights(ix)                                                                                 % of voting rights

shares

 ISIN code (if possible)
                                                Direct                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 Ordinary Shares                                5,000,000                                       11,200,000                                                  1.32%                                            2.96%

 GB00BMFCRZ80

 SUBTOTAL 8. A                                  16,200,000                                                                                                  4.28%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
 Type of financial instrument                   Expiration              Exercise/                                                   Number of voting rights that may be acquired if the instrument is        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.

                                                                        SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument  Expiration                               Exercise/                                 Physical or cash                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)

                                                                                                                  SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer(xiii)
 Full chain of controlled undertakings through which the voting rights and/or                                                                                                                                             X
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity(xiv) (please add additional rows as
 necessary)
 Name(xv)                    % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold
 Marallo Holdings Inc.       2.96%                                                                       N/A                                                                         2.96%

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information(xvi)

 

 Place of completion  London, UK
 Date of completion   19/12/2023

 

 

The Directors of StreaksAI take responsibility for this announcement.

For further information please contact:

 

 StreaksAI PLC
 Mike Edwards                         via First Sentinel (Corporate Advisor)

 Non-Executive Chairman               +44 203 989 2222

 Corporate Brokers
 Peter Krens (Tennyson Securities)    +44 207 186 9030

 Brian Stockbridge (First Sentinel)   +44 203 989 2200

 

About Streaks:

StreaksAI PLC is a provider of AI based conversational technologies. The
Company offers two core products in the gaming and conversational AI space.

For more information on the Conversational Gaming AI product, please visit
www.playstreaks.com.

For more information on the Conversational AI product, please visit
www.streaks.ai.

 

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