BWA Group Plc
LSE : BWAP

October 19, 2012 07:00 ET

Issue of Equity and Directors? Interests

                                                                                       19 October 2012
                                                                                          GB0033877555
                                                   
                                             BWA Group Plc
                                       ("BWA" or the "Company")
                                                   
                               Issue of Equity and Directors' Interests

BWA Group plc, the PLUS-quoted investment company, has raised GBP27,307 through the issue of 4,201,181
ordinary  shares  of  0.50p each in the Company ("Ordinary Shares") at a price of 0.65p  per  Ordinary
Share. The funds raised will be used for working capital purposes.

The  Ordinary Shares were subscribed for by the Directors of the Company as follows: Richard Battersby
subscribed  for  2,316,306 Ordinary Shares (which are held in the name of Bath Group  Limited),  James
Butterfield subscribed for 1,473,449 Ordinary Shares and Alex Borrelli subscribed for 411,426 Ordinary
Shares.

Following  this subscription, the Directors' interests in the Company's enlarged issued share  capital
of 112,157,725 Ordinary Shares are as follows:

                                           Ordinary Shares                           %
Richard Battersby                             16,510,822                           14.72
James Butterfield                             17,742,737                           15.82
Alex Borrelli                                  1,475,636                            1.32
Total                                         35,729,195                           31.86

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