BWA Group plc

Transaction in Own Shares • Jul 4, 2022

National Storage Mechanism | Additional information

BWA Group PLC - Issue of Equity and Director / PDMR Shareholdings

PR Newswire

London, July 1

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 Shares	Total Ordinary Shares Held	% of Ordinary Shares Held
Richard Battersby	1,050,000	94,676,314	23.44
Alex Borrelli	625,000	31,316,561	7.75
James Butterfield	1,050,000	53,419,739	13.23
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.  

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For further information: 

BWA Group PLC Richard Battersby Chairman	+44 7836 238172 [email protected]
Allenby Capital Limited Corporate Adviser  Nick Harriss/Freddie Wooding	+44 20 3328 5656

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 notification	Director of BWA Group plc	Director of BWA Group plc	Director of BWA Group plc	Director of BWA Group plc
	Initial	Initial	Initial	Initial
Details of the issuer, emission allowance market participant, auction  platform, auctioneer, or auction monitor	BWA Group plc	BWA Group plc	BWA Group plc	BWA Group plc
LEI	213800XG3K7PTAAG8630	213800XG3K7PTAAG8630	213800XG3K7PTAAG8630	213800XG3K7PTAAG8630
Description of the financial instrument, type of instrument	Ordinary shares of 0.5p each	Ordinary shares of 0.5p each	Ordinary shares of 0.5p each	Ordinary shares of 0.5p each
Identification code	ISIN: GB0033877555	ISIN: GB0033877555	ISIN: GB0033877555	ISIN: GB0033877555
Nature of the transaction	Allotment of Ordinary Shares in part settlement of remuneration	Allotment of Ordinary Shares in part settlement of remuneration	Allotment of Ordinary Shares in part settlement of remuneration	Allotment of Ordinary Shares in part settlement of remuneration
Price(s) and      volume(s)	1,050,000 Ordinary Shares at 0.5p per share	625,000 Ordinary Shares at 0.5p per share	1,050,000  Ordinary Shares at 0.5p per share	625,000 Ordinary Shares at 0.5p per share
Aggregated information  Aggregated volume Price	N/A	N/A	N/A	N/A
Date of the transaction	4 July 2022	4 July 2022	4 July 2022	4 July 2022
Place of the transaction	N/A	N/A	N/A	N/A

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