BWA Group Plc

October 07, 2011 11:12 ET

Issue of Equity and Director's Interests

                                                                                                 7 October 2011
                                                 BWA Group Plc
                                           ("BWA" or the "Company")
                                   Issue of Equity and Director's Interests

BWA Group plc, the PLUS listed investment company, has today issued 2,394,509 ordinary shares of 0.50p each  in
the  Company  at a price of 0.75p per share, each raising GBP17,958. These shares have been issued pursuant  to
acceptances  received under the Open Offer by 15:00pm, the first closing date, 30 September 2011. As  announced
on  3  October  2011, due to ongoing turmoil in the financial markets, the Directors of BWA have  extended  the
period for acceptance of the Open Offer to 15:00pm on 30 November 2011.

Richard  Battersby, Non-Executive Chairman of BWA, has subscribed for 700,000 ordinary shares  in  the  Company
pursuant  to  the Open Offer which are held in the name of Bath Group Limited. Following this subscription,  Mr
Battersby is now interested in a total of 14,194,516 ordinary shares in the Company representing 13.15% of  the
issued  share capital of the Company. The Directors are now interested in a total of 29,028,014 ordinary shares
representing 26.90% of the enlarged issued share capital of 107,898,878 ordinary shares.

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

For further information please contact:

BWA Group Plc
Richard Battersby (Non-Executive Chairman)                                             07836 238172

St Helens Capital Partners LLP
Mark Anwyl or Duncan Vasey                                                            020 7368 6959

Contact Information

  • BWA Group Plc