BMR Bmr Group

TIDMBMR

RNS Number : 7622F

BMR Group PLC

01 August 2016

BMR Group PLC ("BMR" or the "Company")

Offtake Agreement

The Board announces that, further to its RNS on 30 June 2016, it now expects to enter into the anticipated sale and purchase agreement with the private South African group engaged in mining, energy and agri-business later this week. It also expects that the agreement will incorporate a US$3.5 million facility for the benefit of BMR, rather than US$2.0 million.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Ends

For further information:

BMR Group PLC 020 7734 7282

Alex Borrelli, CEO and Chairman

WH Ireland Limited 020 7220 1666

NOMAD and Joint Broker

Chris Fielding, Head of Corporate Finance

Peterhouse Corporate Finance 020 7469 0930

Joint Broker

Lucy Williams/ Duncan Vasey/ Heena Karani

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

August 01, 2016 02:00 ET (06:00 GMT)

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