Drumz plc share price, company news, analysis and interviews

Drumz plc (LON:DRUM) has today announced that, Acuity Risk Management Limited (‘Acuity’), in which Drumz has a 25% shareholding has recently won several new customers for its STREAM™ Integrated Risk Manager (“IRM”) software product which is used by private and public sector clients to manage their cyber security and other Enterprise risks.  Two of these new wins and a new partnership in a consortium are described below: A major broadcaster with global reach has adopted STREAM™ which it chose for the speed of onboarding and ability to provide a holistic, real-time view of risk, STREAM™ will help centralise this complex organisation’s risk

Drumz plc (LON:DRUM), which is focused on investment in the technology sector, has announced its interim results for the six months ended 30 June 2021.  Results and performance The Group’s results for the six months ended 30 June 2021 showed revenue of £18,000 (2020: £Nil) and an operating loss of £115,000 (2020: loss of £36,000). At 30 June 2021 the two principal assets of the Group were its holding in Acuity Risk Management Limited (“Acuity”), an award winning business specialising in risk management and cybersecurity and its legacy holding in KCR Residential REIT plc (“KCR”), a company listed on AIM, which owns rented

Drumz plc (LON:DRUM) has today announced that Drumz has exercised its option to acquire a further 5% in Acuity Risk Management Limited, in which Drumz already has a 20% shareholding, thereby increasing its shareholding to 25%, for a cash consideration of £125,000. Acuity’s product STREAM™ is an Integrated Risk Manager (“IRM”) software product.  STREAM™ is used by private and public sector clients to manage their cyber security and other enterprise risks.   Update on Acuity Gartner, the global research and advisory firm, has identified Acuity and its product STREAM™ in major reports in 2021. Gartner Peer Reviews on IT Risk Management – STREAM™ is the

Drumz plc (LON:DRUM), the investing company, focused on building value in the technology sector, has announced 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, which specialises in the management of cybersecurity risk, is in a sector where customer demand is