BWA Group Plc Temporary Suspension

 
TIDMBWAP 
 
Temporary Suspension 
                                                                                                26 October 2015 
                                                                                                   GB0033877555 
                                                 BWA GROUP PLC 
                                           ("BWA" or the "Company") 
 
                                             Temporary Suspension 
 
BWA  announces  that,  on 23 October 2015, the Company signed Heads of Terms in connection  with  the  proposed 
acquisition  of a substantial business operating in the logistics industry (the "Acquisition").  The  Heads  of 
Terms  contain arrangements for the provision of funding to BWA by the target of the Acquisition, which funding 
is material in the context of BWA and its current financial position. 
 
If  completed,  the Acquisition would constitute a Reverse Takeover under the ISDX Growth Market  -  Rules  for 
Issuers,  requiring,  amongst  other  things,  approval by the Company's  shareholders.  Accordingly,  BWA  has 
requested  that  trading  in  the Company's shares on the ISDX Growth Market be  suspended  pending  a  further 
announcement. Such an announcement will be made as soon as practicable. 
 
The  Directors  of BWA intend that the Company's Annual General Meeting in respect of the year ended  30  April 
2015 will be held before the end of 2015. 
 
The Directors of BWA are responsible for the content of this announcement. 
 
For further information please contact: 
 
BWA Group PLC 
Richard Battersby (Non-Executive Chairman)                        07836 238 172 
 
Peterhouse Corporate Finance Limited 
Mark Anwyl or Guy Miller                                          020 7469 0930 
 
 
 
 
BWA Group Plc 
 

(END) Dow Jones Newswires

October 26, 2015 05:30 ET (09:30 GMT)