TIDMSTK

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.

 
       Details of the person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                            Mike Edwards 
      ------------------------------  ------------------------------------- 
       Reason for the Notification 
  2. 
      --------------------------------------------------------------------- 
 a)    Position/status                 Non-Executive Chairman 
      ------------------------------  ------------------------------------- 
 b)    Initial notification            Initial notification 
        / Amendment 
      ------------------------------  ------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3.    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              Ordinary shares 
        Financial instrument, 
        type of instrument 
       Identification Code             GB00BMFCRZ80 
      ------------------------------  ------------------------------------- 
 b)    Nature of the transaction       Purchase of shares 
      ------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)        Volume(s) 
                                         GBP 0.0069      1,000,000 Ordinary 
                                          per Ordinary    Shares 
                                          Share 
                                                        ------------------- 
                                         GBP 0.00695     1,000,000 Ordinary 
                                          per Ordinary    Shares 
                                          Share 
                                                        ------------------- 
                                         GBP 0.0079      2,000,000 Ordinary 
                                          per Ordinary    Shares 
                                          Share 
                                                        ------------------- 
                                         GBP 0.0088      1,000,000 Ordinary 
                                          per Ordinary    Shares 
                                          Share 
                                                        ------------------- 
      ------------------------------  ------------------------------------- 
 d)         Aggregated information: 
              *    Aggregated volume     5,000,000 Ordinary Shares 
                                         GBP38,450 
 
              *    Price 
      ------------------------------  ------------------------------------- 
 e)    Date of the transaction         13-15 December 2023 
      ------------------------------  ------------------------------------- 
 f)    Place of the Transaction        London Stock Exchange 
      ------------------------------  ------------------------------------- 
 

TR-1: S tandard 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                            StreaksAI PLC 
  underlying issuer of existing shares 
  to 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                                                            15/12/2023 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified                                                              18/12/2023 
  (DD/MM/YYYY): 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer (vii) 
                                of 8. A)           (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 
  applicable)                    2.96%                                    2.96% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 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                             % of voting rights 
  shares             (ix) 
  ISIN code (if 
  possible) 
                           Direct                   Indirect                     Direct                  Indirect 
                     (Art 9 of Directive       (Art 10 of Directive        (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)              2004/109/EC)           2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                 (DTR5.2.1)                                          (DTR5.2.1) 
                                           -------------------------- 
 Ordinary Shares 
  GB00BMFCRZ80            5,000,000                11,200,000                    1.32%                    2.96% 
                   ----------------------  --------------------------  -------------------------  --------------------- 
 
 
 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            Expiration   Exercise/                       Number of voting                  % of voting 
  financial          date         Conversion Period               rights that may                   rights 
  instrument         (x)          (xi)                            be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  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       Expiration        Exercise/             Physical              Number of             % of voting 
  financial     date (x)          Conversion            or cash               voting rights         rights 
  instrument                      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                   X 
  and/or 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      % of voting rights       Total of both if 
                        if it equals or        through financial        it equals or is 
                       is higher than the      instruments if it        higher than the 
                      notifiable threshold    equals or is higher     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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December 19, 2023 08:10 ET (13:10 GMT)

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