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 Initial Notification
notification
/Amendment
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 Ordinary Shares of 1p
the financial each
instrument, type
of
instrument
Identification GB0033163287
code
b) Nature of the Sale and immediate
transaction 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 Sale
penceRepurchase 6.905 590,000Repurchase
pence 590,000
d) Aggregated
information
- Aggregated Not Applicable
volume
- Price
e) Date of the 21 April 2022
transaction
f) Place of the London Stock Exchange
transaction