BWA Group Plc Issue of Equity and Director / PDMR Shareholdings
December 18 2023 - 2:01AM
UK Regulatory
TIDMBWAP
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11
OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
18 December 2023
BWA Group PLC
("BWA" or the "Company")
Issue of Equity and Director / PDMR Shareholdings
BWA (AQSE: BWAP), which has mineral exploration licences in
bothCameroonandCanadaat various stages of development and is quoted on London's
AQSE Growth Market, announces that it has allotted a total of 5,040,000 ordinary
shares of0.5 penceeach in the Company ("Ordinary Shares"), at a price of0.5
penceper share, in part settlement of fees (in respect of the quarter ended 30
September 2023), including to certain directors, and in settlement of an amount
owing to a trade creditor (the "New Shares"). A total of £25,200 of liabilities
have been capitalised through the issue of the New Shares.
Application will be made for the New Shares to be admitted to trading on the
AQSE Growth Market and admission is expected to become effective on 21 December
2023 ("Admission").
Following this issue, the interests of the directors receiving New Shares in the
enlarged issued share capital of the Company are as follows:
Shareholder Number of Total % of Ordinary Shares Held
New Shares Ordinary
Shares Held
James 1,050,000 58,869,768 9.70
Butterfield1
Jonathan 1,250,000 97,790,000 16.11
Wearing2
1. Mr Butterfield's holding includes 1,029 Ordinary Shares previously omitted
due to an error.
2. Mr Wearing's holding includes Tricastle Investments Limited, a company he
controls.
Total Voting Rights
Following Admission, the Company will have 607,121,547 Ordinary Shares in issue,
each share carrying the right to one vote. The Company does not hold any
Ordinary Shares in Treasury. Following Admission, the figure of 607,121,547
Ordinary Shares may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company under the Financial Conduct Authority's Disclosure and Transparency
Rules.
The Directors of BWA are responsible for the contents of this announcement.
-Ends -
For further information:
BWA Group PLC +44 7770 225253
James Butterfield enquiries@bwagroupplc.com
Chairman
Allenby Capital Limited +44 20 3328 5656
Corporate Adviser
Nick Harriss/Lauren Wright
Market Abuse Regulation (MAR) Disclosure
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
Details of the persons discharging managerial responsibilities / persons closely
associated
Name James Butterfield
Reason for notification Director of BWA Group Plc
Initial
Details of the issuer, emission BWA Group Plc
allowance market participant,
auction
platform, auctioneer, or auction
monitor
LEI 213800XG3K7PTAAG8630
Description of the financial Ordinary shares of 0.5p each
instrument, type of instrument
Identification code ISIN: GB0033877555
Nature of the transaction Allotment of Ordinary Shares in
part settlement of remuneration
Price(s) and 1,250,000
volume(s) Ordinary Shares at 0.5p per
share
Aggregated information N/A
Aggregated volume
Price
Date of the transaction 15 Dec 2023
Place of the transaction N/A
Name Jonathan Wearing
Reason for notification Director of BWA Group Plc
Initial
Details of the issuer, emission BWA Group Plc
allowance market participant,
auction
platform, auctioneer, or auction
monitor
LEI 213800XG3K7PTAAG8630
Description of the financial Ordinary shares of 0.5p each
instrument, type of instrument
Identification code ISIN: GB0033877555
Nature of the transaction Allotment of Ordinary Shares in
part settlement of remuneration
Price(s) and 1,050,000
volume(s) Ordinary Shares at 0.5p per
share
Aggregated information N/A
Aggregated volume
Price
Date of the transaction 15 Dec 2023
Place of the transaction N/A
This information was brought to you by Cision http://news.cision.com
END
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