BWA Group PLC Issue of Equity and Director / PDMR Shareholdings

 
TIDMBWAP 
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 
        OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310. 
 
                                                                    4 July 2022 
 
                                 BWA Group PLC 
 
                          ("BWA" or the "Company") 
 
               Issue of Equity and Director / PDMR Shareholdings 
 
BWA Group plc [AQSE: BWAP], which has mineral exploration licences in 
both Cameroon and Canada at various stages of development and is quoted on 
London's AQSE Growth Market, announces that it has allotted a total of 
3,350,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"), 
at a price of 0.5 pence per share, in part settlement of fees due to current 
Directors in respect of the quarter ended 30 June 2022 (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 7 July 2022 
("Admission"). 
 
Following this issue, the Directors' interests in the enlarged issued share 
capital of the Company are as follows: 
 
Director              Number of New    Total Ordinary    % of Ordinary 
                             Shares       Shares Held      Shares Held 
 
Richard                   1,050,000        94,676,314            23.44 
Battersby 
 
Alex Borrelli               625,000        31,316,561             7.75 
 
James                     1,050,000        53,419,739            13.23 
Butterfield 
 
James Hogg                  625,000         3,625,001             0.90 
 
Total Voting Rights 
 
Following Admission, the Company will have 403,847,891 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 403,847,891 
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                          [phone] 
Richard Battersby            [e-mail] 
Chairman 
 
 
Allenby Capital Limited               [phone] 
Corporate Adviser 
Nick Harriss/Freddie Wooding 
 
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                Richard Battersby        Alex Borrelli    James Butterfield           James Hogg 
 
Reason for            Director of BWA      Director of BWA      Director of BWA      Director of BWA 
notification               Group plc             Group plc            Group plc            Group plc 
 
                             Initial              Initial              Initial               Initial 
 
Details of the          BWA Group plc        BWA Group plc        BWA Group plc        BWA Group plc 
issuer, emission 
allowance market 
participant, 
auction 
 platform, 
auctioneer, or 
auction monitor 
 
LEI              213800XG3K7PTAAG8630 213800XG3K7PTAAG8630 213800XG3K7PTAAG8630 213800XG3K7PTAAG8630 
 
Description of     Ordinary shares of   Ordinary shares of   Ordinary shares of   Ordinary shares of 
the financial               0.5p each            0.5p each            0.5p each            0.5p each 
instrument, type 
of instrument 
 
Identification     ISIN: GB0033877555   ISIN: GB0033877555   ISIN: GB0033877555   ISIN: GB0033877555 
code 
 
Nature of the            Allotment of         Allotment of         Allotment of         Allotment of 
transaction        Ordinary Shares in   Ordinary Shares in   Ordinary Shares in   Ordinary Shares in 
                   part settlement of   part settlement of   part settlement of   part settlement of 
                        remuneration         remuneration         remuneration         remuneration 
 
Price(s) and                1,050,000     625,000 Ordinary            1,050,000     625,000 Ordinary 
    volume(s)      Ordinary Shares at   Shares at 0.5p per   Ordinary Shares at   Shares at 0.5p per 
                       0.5p per share                share       0.5p per share                share 
 
Aggregated                        N/A                  N/A                  N/A                  N/A 
information 
Aggregated 
volume 
Price 
 
Date of the               4 July 2022          4 July 2022          4 July 2022          4 July 2022 
transaction 
 
Place of the                      N/A                  N/A                  N/A                  N/A 
transaction 
 
Ends - 
 
 
 
END 
 
 

(END) Dow Jones Newswires

July 04, 2022 02:00 ET (06:00 GMT)