Director/PDMR Dealing
09 November 2020
Beowulf Mining plc
("Beowulf" or the "Company")
Director/PDMR Dealing
Further to the announcement of the partially secured capital raising per the RNS released on 6 November 2020 (the "Capital Raising") (the "Capital Raising RNS"), the Company wishes to announce the PDMR dealings detailed in the table below, and outlined in the Capital Raising RNS, in connection with the Capital Raising.
| Name | Number of ordinary shares being acquired | Number of ordinary shares held on completion of the Capital Raising |
| Kurt Budge | 906,159 | 3,322,585 |
| Christopher Davies | 88,800 | 88,800 |
| Rasmus Blomquist | 1,743,750 | 6,393,750 |
Enquiries:
| Beowulf Mining plc | |
| Kurt Budge, Chief Executive Officer | Tel: +44 (0) 20 3771 6993 |
| SP Angel(UK Financial Adviser, Nominated Adviser & Broker) | |
| Ewan Leggat / Stuart Gledhill | Tel: +44 (0) 20 3470 0470 |
| Sedermera Fondkommission | Tel: +46 (0) 40-615 14 10 |
| Swedish Financial Adviser and Broker | |
| Bird & Bird | |
| Legal adviser to the Company as to Swedish law | Tel: +46 (0)8 506 320 00 |
| Blytheweigh | |
| 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 | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 3.16p | 906,159 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | Not Applicable | ||||
| - Price | |||||
| e) | Date of the transaction | 6 November 2020 | |||
| f) | Place of the transaction | London Stock Exchange | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Christopher Davies | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Director | |||
| 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 | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 3.16p | 88,800 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | Not Applicable | ||||
| - Price | |||||
| e) | Date of the transaction | 6 November 2020 | |||
| f) | Place of the transaction | London Stock Exchange | |||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Rasmus Blomquist | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Exploration Manager | |||
| 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 | Purchase of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 3.16p | 1,743,750 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | Not Applicable | ||||
| - Price | |||||
| e) | Date of the transaction | 6 November 2020 | |||
| f) | Place of the transaction | London Stock Exchange | |||