Issue of Shares/PDMR Dealing
31 October 2019 Beowulf Mining plc (“Beowulf" or the "Company") Issue of Shares/PDMR Dealing Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces that it has issued today 166,667 fully paid new ordinary shares of £0.01 to Kurt Budge, CEO of the Company, at a deemed price of 6.25p per share (“New Shares”) (the “Share Issue”). The Share Issue is to compensate Kurt Budge for the lapse of 500,000 share options granted to Kurt Budge, exercisable at a price of 4p per share, as announced via RNS on 10 October 2014 (“Share Options”). Kurt