REG - Beowulf Mining PLC - Chief Executive Share Purchase

Beowulf MiningAnnouncement

28/06/2024 15:45

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RNS Number : 4299U  Beowulf Mining PLC  28 June 2024

 

 

 

28 June 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 13,552 shares at a price of £0.369
per share. This takes Mr Bowie's total shareholding to 243,059 shares,
representing approximately 0.6% of the Company's issued share capital.

 

Mr Bowie's purchase of shares follows the aggregate subscription by the
Company's Board and Senior Management of approximately £218,000 in Beowulf's
recent Capital Raise.

 

 

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)                                       36.9p  13,552
 d)   Aggregated information

      - Aggregated volume                                          Not Applicable

      - Price

 e)   Date of the transaction                                      28 June 2024

 f)   Place of the transaction                                     AIM

d)

 

Aggregated information

- Aggregated volume

Not Applicable

 

- Price

e)

 

Date of the transaction

 

 

28 June 2024

f)

 

Place of the transaction

 

 

AIM

 

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