Director/PDMR Shareholding
RNS Number : 1761S
BWA Group PLC
06 July 2020
 


6th July 2020

 

 

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of Article 7 under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

 

BWA Group PLC

 

 ("BWA" or "the Company")     

 

Director Purchase of Shares

 

BWA Group plc [AQSE: BWAP], which has seven mineral exploration licences split between Canada and Cameroon at various stages of development and is quoted on London's AQSE Growth Market (formerly NEX), announces that, Richard Battersby, BWA Chairman and Director, purchased on Friday 3rd July a total of 400,000 ordinary shares at a price of 0.4 pence each in the Company ("Ordinary Shares").

 

Following this issue, the Directors' interests in the enlarged issued share capital of the Company are as follows:

 

Director

 

Resulting Ordinary

Shares held

Resulting % of Ordinary Shares held

Richard Battersby

 

45,918,980

15.39

Alex Borrelli

 

26,802,616

8.99

James Butterfield

 

44,975,299

15.08

 

Total Voting Rights

 

The Company now has 298,285,065 Ordinary Shares in issue, each share carrying the right to one vote.  The Company does not hold any Ordinary Shares in Treasury. The figure of 298,285,065 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 Company also has £301,000 of 14% Convertible Unsecured Loan Notes 2021 in issue ("CLNS"), convertible into a maximum of 80,803,924 Ordinary Shares if the CLNS have not been redeemed by 31 December 2021. 

 

The Directors of BWA are responsible for the contents of this announcement.   

 

Ends -

For further information: 

 

BWA Group PLC

Richard Battersby

Chairman

 

+44 (0)7836 2381721

enquiries@bwagroupplc.com

Allenby Capital Limited

Corporate Adviser 

Nick Harriss/James Hornigold

 

+44 (0)207 3328 5656

 

Abchurch

Financial Public Relations

Julian Bosdet

 

+44 (0)207 4594 4070

Julian.bosdet@abchurch-group.com

 

 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

RICHARD BATTERSBY

2

Reason for the notification

a)

Position/status

Director of BWA Group plc

b)

Initial notification /Amendment


Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BWA Group plc

b)

LEI

213800XG3K7PTAAG8630

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
Identification code


Ordinary shares of 0.5p each

ISIN: GB0033877555

b)

Nature of the transaction

Share purchase for cash

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.4 pence

400,000

d)

Aggregated information
- Aggregated volume
- Price


Not applicable - single transaction

e)

Date of the transaction

3 July 2020

f)

Place of the transaction

AQSE

 


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