REG - Chaarat Gold Hlgs Ld - Holding(s) in Company
RNS Number : 3000QChaarat Gold Holdings Ltd18 October 201918 October 2019
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Holdings in Company / notification of transactions of directors
Chaarat (AIM:CGH), the AIM-quoted gold mining company with assets in the Kyrgyz Republic and Armenia, has been informed that Labro Investments Limited, in which the Company's Chairman Martin Andersson is indirectly beneficially interested in the majority of shares, purchased 100,000 Chaarat shares on the market at an aggregate share price of 37.5 pence per share on 15 October 2019 and 58,214 Chaarat shares on the market at an aggregate share price of 37.4 pence per share on 16 October 2019.
Following this purchase Labro Investments Limited held 145,902,234 Shares, representing 33.06% of the issued share capital of the Company.
Enquiries
Chaarat Gold Holdings Limited
Artem Volynets (CEO)
+44 (0)20 7499 2612
info@chaarat.com
Numis Securities Limited
John Prior, Paul Gillam (NOMAD)
+44 (0) 20 7260 1000
James Black (Corporate Broking)
SP Angel
+44 (0) 20 3470 0470
Ewan Leggat (Joint Broker)
Tavistock
Charles Vivian
+44 (0)20 7920 3150
Gareth Tredway
Barney Hayward
chaarat@tavistock.co.uk
About Chaarat
Chaarat is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic. The Company has a clear strategy to build a leading emerging markets gold company with an initial focus on Central Asia and the FSU through organic growth and selective M&A.
Chaarat is engaged in active community engagement programmes to optimise the value of the Chaarat investment proposition.
Chaarat aims to create value for its shareholders, employees and communities from its high-quality gold and mineral deposits by building relationships based on trust and operating to the best environmental, social and employment standards. Further information is available at www.chaarat.com.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Labro Investments Limited
2
Reason for the notification
a)
Position / status
Person/Entity closely associated with the Chairman
b)
Initial notification / amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chaarat Gold Holdings Limited
b)
Legal entity identifier
213800T2A5CV84VTFJ70
4
Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument
Ordinary shares of US$0.01 each
Identification code
VGG203461055
b)
Nature of the transaction
Acquisition of ordinary shares in the market
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
0.3740000
0.3740000
0.3754012
0.3760000
25,000
25,000
25,000
25,000
e)
Aggregated information
· Aggregated volume
· Aggregated price
· Aggregated total
100,000
37.48503 pence
£ 37,485.03
f)
Date of the transaction
15 October 2019
g)
Place of the transaction
XLON
5
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Labro Investments Limited
6
Reason for the notification
a)
Position / status
Person/Entity closely associated with the Chairman
b)
Initial notification / amendment
Initial notification
7
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chaarat Gold Holdings Limited
b)
Legal entity identifier
213800T2A5CV84VTFJ70
8
Details of the transaction(s): section to be repeated 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 financial instrument, type of instrument
Ordinary shares of US$0.01 each
Identification code
VGG203461055
b)
Nature of the transaction
Acquisition of ordinary shares in the market
c)
Currency
GBP
d)
Price(s) and volume(s)
Price(s)
Volume(s)
0.3720006
0.3760000
0.3720000
0.3740000
3,214
15,000
20,000
20,000
e)
Aggregated information
· Aggregated volume
· Aggregated price
· Aggregated total
58,214
37.37178 pence
£ 21,755.61
f)
Date of the transaction
16 October 2019
g)
Place of the transaction
XLON
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