BWA Group Plc - Subscription for New Shares by the Chairman
Announcement provided by
BWA Group plc · BWAP18/02/2026 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS 2019/310.
18 February 2026
BWA Group PLC
(“BWA”, or the “Company”)
Subscription for New Shares by the Chairman
BWA (AQSE:BWAP), the mining investment company with licences in
The monies received from the Subscription will be used for general working capital purposes.
Admission and Total Voting Rights
An application will be made to the Aquis Stock Exchange for the 500,000 new Ordinary Shares to be admitted to trading on the AQSE Growth Market on or around 24 February 2026 ("Admission"). The 500,000 new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, the enlarged issued share capital of the Company will consist of 970,765,698 Ordinary Shares, none of which are held in treasury. Therefore, the total number of voting rights in the Company will be 970,765,698 and from Admission this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Subscription constitutes a related party transaction under the AQSE Growth Market Access Rules. The Board has concluded, having exercised reasonable care, skill and diligence, that the Subscription is fair and reasonable as far as the shareholders of the Company are concerned.
The new Ordinary Shares issued under the Subscription will be issued and allotted under the Company’s existing share authorities and following Admission, Mr Wearing will hold 285,482,528 Ordinary Shares, equivalent to 29.40% of the enlarged issued share capital of the Company.
For further information on the Company, please visit www.bwagroupplc.com/index.html or:
| BWA Group PLC James Butterfield Managing Director | +44 (0) 7770 225 253 |
| Allenby Capital Limited Aquis Corporate Adviser | +44 (0) 20 3328 5656 Nick Harriss/Nick Naylor |
| Oberon Capital Broker | +44 (0) 20 3179 5300 Nick Lovering/Adam Pollock |
Director/PDMR transactions
The following notification, made in accordance with the requirements of the
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||
| a)
| Name | Jonathan Wearing | ||
| 2
| Reason for the notification
| |||
| a)
| Position/status
| Chairman | ||
| b)
| Initial notification /Amendment
| Initial Notification | ||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||
| a)
| Name
| BWA Group plc | ||
| b)
| LEI
| 213800XG3K7PTAAG8630 | ||
| 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
Identification code | Ordinary shares of 0.5p each
ISIN: GB0033877555 | ||
| b)
| Nature of the transaction
| Subscription for Ordinary Shares | ||
| c)
| Price(s) and volume(s)
| Price(s) 0.5p per Ordinary Share | Volume(s) 500,000 | |
| d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
n/a – single transaction | ||
| e)
| Date of the transaction
| 17 February 2026 | ||
| f)
| Place of the transaction
| N/A | ||
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