REG - Chaarat Gold Hlgs Ld - Director/PDMR Shareholding

Chaarat Gold HoldingsAnnouncement

09/08/2021 10:45

RNS Number : 0059I
  
Chaarat Gold Holdings Ltd
  
09 August 2021
  
 

9 August 2021
 
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
 
Director/PDMR Shareholding
 
Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an operating mine in Armenia and assets at various stages of development in the Kyrgyz Republic, has been informed that Labro Investments Limited ("Labro"), the majority of shares in which the Company's Chairman, Martin Andersson, is indirectly beneficially interested, has made the following market purchases of ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares"):



•     


on 5 August 2021, 2,697,528 Ordinary Shares at an aggregate price of approximately 22.00 pence per Ordinary Share; and




•     


on 6 August 2021, 150,000 Ordinary Shares at an aggregate price of approximately 22.20 pence per Ordinary Share.



 
Following these purchases, Labro now holds 295,738,221 Ordinary Shares, representing 43.07% of the Company's issued share capital.  The combined holding of Labro and Martin Andersson is now 302,707,813 Ordinary Shares representing 44.09% of the Company's issued share capital.
 
 
- ends -



Enquiries


















Chaarat Gold Holdings Limited


+44 (0)20 7499 2612




Patrick Henze (Investor Relations)


info@chaarat.com














Canaccord Genuity Limited (NOMAD and Joint Broker)


+44 (0)20 7523 8000




Henry Fitzgerald-O'Connor








James Asensio


















finnCap Limited (Joint Broker)


+44 (0)20 7220 0500




Christopher Raggett 


















Panmure Gordon (UK) Limited (Joint Broker) 


+44 (0)20 7886 2500




John Prior
Hugh Rich







 
 
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/.
 
Appendix - PDMR forms
 



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)












0.2101224
0.2099832
0.2100000
0.2099853


317,733
682,267
697,528
1,000,000








e)


Aggregated information 
·      Aggregated volume
·      Aggregated price
·      Aggregated total


 
2,697,528
21.00047 pence
£ 566,493.61




f)


Date of the transaction


5 August 2021




g)


Place of the transaction


XLON



 



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)












0.2220000


150,000








e)


Aggregated information 
·      Aggregated volume
·      Aggregated price
·      Aggregated total


 
150,000
22.20000 pence
£ 33,300.00




f)


Date of the transaction


6 August 2021




g)


Place of the transaction


XLON



 
 
 
 
 

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