Director Dealing

RNS Number : 9261I

Beowulf Mining PLC

21 April 2022

 

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: [phone]

SP Angel (Nominated Adviser & Broker) 

Ewan Leggat / Stuart Gledhill / Adam Cowl  Tel: [phone]

BlytheRay (Financial PR & IR)  

Tim Blythe / Megan Ray     Tel: [phone]

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 pence Repurchase 6.905 pence	Sale 590,000 Repurchase 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

 

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