TIDMBWN

RNS Number : 9271R

Bowen Fintech PLC

06 March 2023

6 March 2023

Bowen Fintech Plc

("Bowen" or the "Company")

Director Shareholding

Bowen (LSE: BWN), a special purpose acquisition company formed to acquire businesses in the technology innovations sector with a focus on the financial services industry, announces that Aamir Quraishi, non-executive director, has notified the Company that he has sold 1,000,000 ordinary shares of 1 penny each in the capital of the Company ("Ordinary Shares") at a price of 8 pence per Ordinary Share.

Following this transaction, Aamir Quraishi does not hold any Ordinary Shares. He continues to hold the warrants granted to him at the time of the IPO as set out in the Prospectus dated 25 October 2022.

Enquiries:

 
 Bowen Fintech Plc                         c/o +44 (0)204 582 
                                            3500 
 Aamir Quraishi, Non-executive Chairman 
                                          -------------------- 
 
 Optiva Securities Ltd - Broker            +44 (0)203 137 1903 
                                          -------------------- 
 Vishal Balasingham 
                                          -------------------- 
 
 Gracechurch Group - Financial PR          +44 (0)204 582 3500 
                                          -------------------- 
 Harry Chathli, Claire Norbury 
                                          --------------------

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

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Aamir Quraishi 
     --------------------------  ---------------------------------------------- 
      Reason for the notification 
  2 
     -------------------------------------------------------------------------- 
 a)   Position/status             Non-executive Chairman 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  ---------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                        Bowen Fintech Plc 
     --------------------------  ---------------------------------------------- 
 b)   LEI                         213800LD3K77KC1EVD56 
     --------------------------  ---------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     -------------------------------------------------------------------------- 
 a)   Description of the          Ordinary shares of 1 penny each 
       financial instrument, 
       type of instrument 
 
      Identification code         GB00BMYX7295 
 
 b)   Nature of the transaction   Sale of Ordinary Shares 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s) 
                                   ---------------------  ------------------- 
                                    Price(s)               Volume(s) 
                                   ---------------------  ------------------- 
                                    8 pence per Ordinary   1,000,000 Ordinary 
                                     Share                  Shares 
                                   ---------------------  ------------------- 
 
 d)   Aggregated information 
 
      - Aggregated volume         N/A 
 
      - Price 
 
 e)   Date of the transaction     3 March 2023 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ----------------------------------------------

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END

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March 06, 2023 02:00 ET (07:00 GMT)

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