THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
13 July 2022
BWA Group PLC
(“BWA” or the “Company”)
Conversion of Loan Notes
BWA Group plc [AQSE: BWAP], which has mineral exploration licences in both Cameroon and
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 19 July 2022 (“Admission”).
On Admission, Mr Vilhjalmsson will have an interest in a total of 20,859,200 Ordinary Shares, equivalent to 4.92% of the issued Ordinary Shares.
Total Voting Rights
Following Admission, the Company will have 423,847,891 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 423,847,891 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.
Following Admission, the Company is aware of the following significant and director shareholdings:
|Shareholder||Number of Ordinary Shares Held||Percentage of Ordinary Shares Held|
|Other Large Shareholders|
|St Georges Eco-Mining Corp||60,000,000||14.16%|
|Mr D M Cass||33,532,022||7.91%|
|Mr J Harvey||23,285,193||5.49%|
|Vilhjalmur Thor Vilhjalmsson||20,859,200||4.92%|
|Ordinary Shares not in public hands||243,037,615||57.34%|
The Directors of BWA are responsible for the contents of this announcement.
For further information:
|BWA Group PLC
|+44 7836 238172
Allenby Capital Limited
Nick Harriss/Freddie Wooding
+44 20 3328 5656