28 June
2024
Beowulf Mining plc
("Beowulf" or the
"Company")
Chief Executive Share
Purchase
Beowulf (AIM: BEM; Spotlight: BEO), announces
that Ed Bowie, the Company's Chief Executive Officer has today
acquired 13,552 shares at a price of £0.369 per share. This takes
Mr Bowie's total shareholding to 243,059 shares, representing
approximately 0.6% of the Company's issued share
capital.
Mr Bowie's purchase of shares follows the
aggregate subscription by the Company's Board and Senior Management
of approximately £218,000 in Beowulf's recent Capital
Raise.
Enquiries:
Beowulf Mining plc
Ed Bowie, Chief Executive
Officer
ed.bowie@beowulfmining.com
SP
Angel
(Nominated Adviser & Joint
Broker)
Ewan Leggat / Stuart Gledhill / Adam
Cowl Tel: +44 (0)
20 3470 0470
Alternative Resource Capital
(Joint Broker)
Alex
Wood
Tel: +44 (0) 20 7186 9004
BlytheRay
Tim Blythe / Megan Ray
Tel: +44 (0) 20 7138 3204
Cautionary
Statement
Statements and assumptions made in this
document with respect to the Company's current plans, estimates,
strategies and beliefs, and other statements that are not
historical facts, are forward-looking statements about the future
performance of Beowulf. Forward-looking statements include, but are
not limited to, those using words such as "may", "might", "seeks",
"expects", "anticipates", "estimates", "believes", "projects",
"plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in
light of currently available information. They are subject to a
number of risks and uncertainties, including, but not limited to ,
(i) changes in the economic, regulatory and political environments
in the countries where Beowulf operates; (ii) changes relating to
the geological information available in respect of the various
projects undertaken; (iii) Beowulf's continued ability to secure
enough financing to carry on its operations as a going concern;
(iv) the success of its potential joint ventures and alliances, if
any; (v) metal prices, particularly as regards iron ore. In the
light of the many risks and uncertainties surrounding any mineral
project at an early stage of its development, the actual results
could differ materially from those presented and forecast in this
document. Beowulf assumes no unconditional obligation to
immediately update any such statements and/or forecast.
|
1
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Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Ed Bowie
|
|
2
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Reason for the notification
|
|
a)
|
Position/status
|
CEO
|
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b)
|
Initial notification
/Amendment
|
Initial Notification
|
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
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Name
|
Beowulf Mining Plc
|
|
b)
|
LEI
|
213800MV3XGAOASPT433
|
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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 of 5p each
|
|
|
|
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Identification code
|
GB00BQ1LGQ19
|
|
|
|
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b)
|
Nature of the transaction
|
Purchase of shares
|
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c)
|
Price(s) and volume(s)
|
|
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d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
Not Applicable
|
|
|
|
|
- Price
|
|
|
|
|
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e)
|
Date of the transaction
|
28 June 2024
|
|
f)
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Place of the transaction
|
AIM
|
