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REG - Chaarat Gold Hlgs Ld - Director/PDMR Shareholding

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RNS Number : 5081B  Chaarat Gold Holdings Ltd  14 February 2022

14 February 2022

 

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 9 February 2022, 41,094 Ordinary Shares at an aggregate price of
              approximately 17.97 pence per Ordinary Share;
 •            on 10 February 2022, 249,119 Ordinary Shares at an aggregate price of
              approximately 17.95 pence per Ordinary Share; and
 •            on 11 February 2022, 187,233 Ordinary Shares at an aggregate price of
              approximately 18.84 pence per Ordinary Share.

 

Following these purchases, Labro now holds 306,962,131 Ordinary Shares,
representing 44.51 % of the Company's issued share capital.  The combined
holding of Labro and Martin Andersson is now 313,931,723 Ordinary Shares
representing 45.52% 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 (mailto: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/
(http://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)
                                                                                                          0.1796825         41,094
 e)                        Aggregated information

                           ·    Aggregated volume                                       41,094

                           ·    Aggregated price                                        17.96825 pence

                           ·    Aggregated total                                        £ 7,383.87
 f)                        Date of the transaction                                      9 February 2022
 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)
                                                                                                          0.1794891         249,119
 e)                        Aggregated information

                           ·    Aggregated volume                                       249,119

                           ·    Aggregated price                                        17.94891 pence

                           ·    Aggregated total                                        £ 44,714.15
 f)                        Date of the transaction                                      10 February 2022
 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)
                                                                                                          0.1883759         187,233
 e)                        Aggregated information

                           ·    Aggregated volume                                       187,233

                           ·    Aggregated price                                        18.83759 pence

                           ·    Aggregated total                                        £ 35,270.18
 f)                        Date of the transaction                                      11 February 2022
 g)                        Place of the transaction                                     XLON

 

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.   END  DSHBIGDDLDBDGDX

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