We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
BWA Group plc | AQSE:BWAP | Aquis Stock Exchange | Ordinary Share | GB0033877555 | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.425 | 0.40 | 0.45 | 0.425 | 0.425 | 0.425 | 0.00 | 06:52:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBWAP THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310. 20 May 2022 BWA Group PLC ("BWA" or the "Company") Subscription of Loan Notes BWA Group plc [AQSE: BWAP], which has mineral exploration licences both in Cameroon and Canada at various stages of development and is quoted on London's AQSE Growth Market, announces an update to its funding strategy. The Company had previously announced (9 March 2022) its intention to raise funds by way of an issue of new ordinary shares of 0.5p each ("Ordinary Shares "). In subsequent discussions with potential investors, a general preference was expressed to make a further issue by the Company of convertible loan stock, following such issues in 2018 and 2019. The Company is pleased to announce that it has received applications for £ 165,000 of 14% Convertible Unsecured Loan Notes ("Loan Notes"). The Loan Notes are convertible to Ordinary Shares at 0.6 pence per Ordinary Share, the proposed issue price of the Ordinary Shares contemplated in the announcement of 9 March 2022, or redeemable, if not previously converted, on 30 April 2024. Interest on the Loan Notes will be rolled up and converted along with the principal amount of the Loan Notes. The Loan Notes will not be listed on any market. The maximum permitted issue of Loan Notes is £350,000 and none have been issued prior to this current issue; the Company will update when further subscriptions are received. The funds used will be used for general working capital purposes. The Directors of BWA Group plc have subscribed for the following amounts of Loan Notes: Director Richard £5,000 Battersby Alex Borrelli £2,500 James Butterfield £2,500 James Hogg £5,000 The Directors of BWA are responsible for the contents of this announcement. Ends - For further information: BWA Group PLC +44 7836 238172 Richard Battersby enquiries@bwagroupplc.com Chairman Allenby Capital Limited +44 20 3328 5656 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 Subscription for Subscription for Subscription for Subscription for transaction Convertible Loan Convertible Loan Convertible Loan Convertible Loan Stock Stock Stock Stock Price(s) and £5,000 convertible £2,500 convertible £2,500 convertible £5,000 convertible volume(s) into into Ordinary Shares into into Ordinary Shares Ordinary Shares at at 0.6p per share Ordinary Shares at at 0.6p per share 0.6p per share 0.6p per share Aggregated N/A N/A N/A N/A information Aggregated volume Price Date of the 19 May 2022 19 May 2022 19 May 2022 19 May 2022 transaction Place of the N/A N/A N/A N/A transaction Ends - END
(END) Dow Jones Newswires
May 20, 2022 04:34 ET (08:34 GMT)
1 Year BWA Chart |
1 Month BWA Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions