Beowulf Mining PLC — Director's Dealing 2024

Jul 22, 2024

National Storage Mechanism | Additional information

RNS Number : 1798X

Beowulf Mining PLC

22 July 2024

22 July 2024

Beowulf Mining plc

("Beowulf" or the "Company")

Chief Executive Share Purchase

Beowulf (AIM: BEM; Spotlight: BEO), announces that Ed Bowie, the Company's Chief Executive Officer, has today acquired 18,831 shares at the price of £0.265. This takes Mr Bowie's total shareholding to 261,890 shares representing approximately 0.7% of the Company's issued share capital.

Enquiries:

Beowulf Mining plc

Ed Bowie, Chief Executive Officer                     ed.bowie@beowulfmining.com

SP Angel

(Nominated Adviser & Joint Broker)       

Ewan Leggat / Stuart Gledhill / Adam Cowl         Tel: +44 (0) 20 3470 0470

Alternative Resource Capital

(Joint Broker)

Alex Wood                                                        Tel: +44 (0) 20 7186 9004

BlytheRay        

Tim Blythe / Megan Ray                                     Tel: +44 (0) 20 7138 3204

Cautionary Statement

Statements and assumptions made in this document with respect to the Company's current plans, estimates, strategies and beliefs, and other statements that are not historical facts, are forward-looking statements about the future performance of Beowulf. Forward-looking statements include, but are not limited to, those using words such as "may", "might", "seeks", "expects", "anticipates", "estimates", "believes", "projects", "plans", strategy", "forecast" and similar expressions. These statements reflect management's expectations and assumptions in light of currently available information. They are subject to a number of risks and uncertainties, including, but not limited to , (i) changes in the economic, regulatory and political environments in the countries where Beowulf operates; (ii) changes relating to the geological information available in respect of the various projects undertaken; (iii) Beowulf's continued ability to secure enough financing to carry on its operations as a going concern; (iv) the success of its potential joint ventures and alliances, if any; (v) metal prices, particularly as regards iron ore. In the light of the many risks and uncertainties surrounding any mineral project at an early stage of its development, the actual results could differ materially from those presented and forecast in this document. Beowulf assumes no unconditional obligation to immediately update any such statements and/or forecast.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ed Bowie

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Beowulf Mining Plc  

b)

LEI

213800MV3XGAOASPT433

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

ordinary shares of 5p each

Identification code

GB00BQ1LGQ19

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

26.5p	18,831

d)

Aggregated information

- Aggregated volume

Not Applicable

- Price

e)

Date of the transaction

19 July 2024

f)

Place of the transaction

AIM

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