15 June 2023
Acuity RM Group plc
(‘Acuity”, or the “Company”)
Expiry of options
The Company is pleased to announce that the share price exceeded 6.99 pence per share for the five days to close of business on 14 June 2023. As a result the obligation to grant the Founders options over 2,420,506 New Ordinary Shares as described in the Admission document published on 5 April 2023 (in Part X 12.1a) has now fallen away and as a result no further New Ordinary Shares will now be issued as a result of the acquisition of Acuity Risk Management Limited.
For further information please contact:
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Drumz Plc | www.drumzplc.com |
Angus Forrest | +44 (0) 20 3582 0566 |
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WH Ireland (NOMAD & Broker) | |
Mike Coe / Sarah Mather | 020 7220 1666 |
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Peterhouse Capital Limited Joint broker |
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Lucy Williams / Duncan Vasey | 020 7469 0936 |
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Clear Capital Markets Limited (Joint Broker) | 020 3869 6080 |
Note to Editors
Acuity RM Group plc
Acuity RM Group plc (AIM: ACRM), previously known as Drumz plc, is an established provider of risk management services. It’s award-winning STREAM® software platform, which collects data about organisations to improve business decisions and management. It is used by around 70 organisations in markets including government, utilities, defence, broadcasting, manufacturing and healthcare.
The Company is focused on delivering long term, sustainable growth in shareholder value. In the short to medium term this is expected to come from organic growth and thereafter may also come from complementary acquisitions.