TIDMBEM

RNS Number : 8936I

Beowulf Mining PLC

16 December 2020

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR PUBLICATION, RELEASE OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, SINGAPORE, SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

16 December 2020

Beowulf Mining plc

("Beowulf" or the "Company")

Last day of trading in Paid Subscribed SDRs

Beowulf (AIM: BEM; Spotlight: BEO) announces that the last day of trading in Paid Subscribed SDRs of the SDR Rights Issue is 21 December 2020.

Through the SDR Rights Issue, Beowulf raised approximately SEK 56.7 million (gross). The last day of trading in Paid Subscribed SDRs is 21 December 2020.

Following registration of New SDRs in the VPC system, Paid Subscribed SDRs will be automatically converted into New SDRs without any special notification from Euroclear Sweden. The New SDRs are expected to be available on VPC accounts on or around 29 December 2020.

Definitions:

Words and phrases defined in the Company's Prospectus dated 16 November 2020 have the same meaning as in this announcement.

Enquiries:

 
   Beowulf Mining plc 
   Kurt Budge, Chief Executive Officer          Tel: +44 (0) 20 3771 
                                                                6993 
 
   SP Angel 
    (UK Financial Adviser, Nominated Adviser 
    & Broker) 
   Ewan Leggat / Stuart Gledhill                Tel: +44 (0) 20 3470 
                                                                0470 
 
   Sedermera Fondkommission 
   Swedish Financial Adviser and Broker          Tel: +46 (0) 40-615 
                                                               14 10 
 
   Bird & Bird 
   Legal adviser to the Company as to Swedish  Tel: +46 (0)8 506 320 
    law                                                           00 
 
   Blytheweigh 
   Tim Blythe / Megan Ray                       Tel: +44 (0) 20 7138 
                                                                3204 
 

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December 16, 2020 10:00 ET (15:00 GMT)

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