Related Party Transactions and Portfolio Update

Summary by AI BETAClose X

BWA Group has acquired the remaining 10% of BWA Resources (UK) Ltd for £10,000, making BWAR wholly owned, and has fully written down the remaining Winterhouse claims in the audited accounts for the year to 30 June 2026 while relinquishing those non-core claims. The company increased drawings under an unsecured, interest-free chairman loan from a £750,000 facility to £1,370,000 at year-end and £1,754,000 subsequently, with the chairman agreeing to extend the term and provide further support up to a £2,000,000 aggregate to 30 June 2028.

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