Director Dealing
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
21 April 2022
Beowulf Mining plc
("Beowulf" or the "Company")
Director Dealing
Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, announces the following dealing in the Company's ordinary shares of 0.01 pence each ("Ordinary Shares").
On 21 April 2022 Mr Kurt Budge, the Company's CEO, sold 590,000 Ordinary Shares at a price of 6.9 pence and immediately repurchased the same number of Ordinary Shares at a price of 6.905 pence, using his Individual Savings Account ("ISA").
Kurt Budge remains beneficially interested in 5,957,997 Ordinary Shares which equates to approximately 0.72 per cent of the Company’s total issued share capital.
Enquiries:
Beowulf Mining plc
Kurt Budge, Chief Executive Officer Tel: +44 (0) 20 7583 8304
SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Stuart Gledhill / Adam Cowl Tel: +44 (0) 20 3470 0470
BlytheRay (Financial PR & IR)
Tim Blythe / Megan Ray Tel: +44 (0) 20 7138 3204
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Kurt Budge | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| 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 1p each | |||
| Identification code | GB0033163287 | ||||
| b) | Nature of the transaction | Sale and immediate Repurchase of the same number of Ordinary Shares using an Individual Savings Account ("ISA") | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Sale 6.9 penceRepurchase 6.905 pence | Sale 590,000Repurchase 590,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | Not Applicable | ||||
| - Price | |||||
| e) | Date of the transaction | 21 April 2022 | |||
| f) | Place of the transaction | London Stock Exchange | |||