BWA : Issue of Equity and Director / PDMR Shareholdings

Issue of Equity and Director / PDMR Shareholdings

15 January 2021

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of

Article 7 under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be

in the public domain.

BWA Group PLC

("BWA" or "the Company")

Issue of Equity and Director / PDMR Shareholdings

BWA Group plc [AQSE: BWAP], which has mineral exploration licences split between Canada and Cameroon at various stages of development and is quoted on London's AQSE Growth Market (formerly NEX), announces that it has allotted a total of 1,500,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares"), at a price of 0.6 pence per share (the "Issue Price"), in part settlement of fees due to current Directors in respect of the quarter ended 31 December 2020. The Issue Price is the equivalent of the bid price of the Ordinary Shares as at the close of trading on 14 January 2021.

Application has been made for the Ordinary Shares to be admitted to trading on the AQSE Growth Market and admission is expected to become effective on 20 January 2021.

Following this issue, the Directors' interests in the enlarged issued share capital of the Company are as follows:

Director	Number of Ordinary	Resulting Ordinary	Resulting % of Ordinary Shares held
	Shares allotted	Shares held
Richard Battersby	416,665	49,493,906	16.13
Alex Borrelli	333,335	28,491,561	9.28
James Butterfield	416,665	48,169,739	15.70
James Hogg	333,335	800,001	0.26
Total Voting Rights

The Company now has 306,862,891 Ordinary Shares in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in Treasury. The figure of 306,862,891Ordinary Shares may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

The Company also has £301,000 of 14% Convertible Unsecured Loan Notes 2021 in issue ("CLNS"), convertible into a maximum of 80,803,924 Ordinary Shares if the CLNS have not been redeemed by 31 December 2021.

The Directors of BWA are responsible for the contents of this announcement.

	Ends -
For further information:
BWA Group PLC	[phone]
Richard Battersby	[e-mail]
Chairman
Allenby Capital Limited	[phone]
Corporate Adviser
Nick Harriss/James Hornigold
Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Details of the persons discharging managerial responsibilities / persons closely associated

Name	Richard Battersby	Alex Borrelli	James Butterfield	James Hogg
Reason for	Director of BWA Group	Director of BWA Group plc	Director of BWA Group plc	Director of BWA Group plc
notification	plc
	Initial	Initial	Initial	Initial

Details of the BWA Group plc	BWA Group plc	BWA Group plc	BWA Group plc
issuer,
emission
allowance
market
participant,
auction
platform,
auctioneer,
or auction
monitor

LEI213800XG3K7PTAAG8630 213800XG3K7PTAAG8630 213800XG3K7PTAAG8630 213800XG3K7PTAAG8630

Description	Ordinary shares of 0.5p	Ordinary shares of 0.5p	Ordinary shares of 0.5p	Ordinary shares of 0.5p
of the	each	each	each	each
financial
instrument,
type of
instrument
Identification ISIN: GB0033877555	ISIN: GB0033877555	ISIN: GB0033877555	ISIN: GB0033877555
code
Nature of the	Allotment of Ordinary	Allotment of Ordinary	Allotment of Ordinary	Allotment of Ordinary
transaction	Shares in part settlement of	Shares in part settlement of	Shares in part settlement of	Shares in part settlement of
	remuneration	remuneration	remuneration	remuneration
Price(s) and	416,665	333,335 Ordinary Shares at	416,665	333,335 Ordinary Shares at
volume(s)	Ordinary Shares at 0.6p per	0.6p per share	Ordinary Shares at 0.6p per	0.6p per share
	share		share
Aggregated	N/A	N/A	N/A	N/A
information
Aggregated

volume Price

Date of the	14 January 2021	14 January 2021	14 January 2021	14 January 2021
transaction
Place of the	N/A	N/A	N/A	N/A
transaction
Ends -