REG - Chaarat Gold Hlgs Ld - Director/PDMR Shareholding

Chaarat Gold HoldingsAnnouncement

30/06/2022 11:00

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RNS Number : 8341Q  Chaarat Gold Holdings Ltd  30 June 2022

30 June 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 Darin Cooper, Chief Operating Officer of the Company,
sold in the market 1,244 ordinary shares of US$0.01 each in the capital of the
Company ("Ordinary Shares") at an aggregate share price of approximately 16.10
pence per Ordinary Share on 12 May 2022.  This sale was made in order to
satisfy a liability to the trustee of the Chaarat Gold Holdings Limited
Employee Benefit Trust for acting as nominee holder in respect of Mr Cooper's
shareholding.

 

Following this sale, Mr Cooper now holds 1,952,695 Ordinary Shares.

 

 

 

- ends -

 

 Enquiries

 Chaarat Gold Holdings Limited                       +44 (0)20 7499 2612
 Mike Fraser (CEO)                                   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 through organic growth and selective M&A.

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 form

 

 1.                        Details of the person discharging managerial responsibilities / person closely
                           associated
 a)                        Name                                                           Darin Cooper
 2.                        Reason for the notification
 a)                        Position / status                                              PDMR
 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                                      Sale of ordinary shares in the market
 c)                        Currency                                                       GBP
 d)                        Price(s) and volume(s)                                                           Price(s)          Volume(s)
                                                                                                            16.10 pence       1,244
 e)                        Aggregated information

                           ·    Aggregated volume                                         1,244

                           ·    Aggregated price                                          16.10 pence

                           ·    Aggregated total                                          £200.28
 f)                        Date of the transaction                                        12 May 2022
 g)                        Place of the transaction                                       XLON

 

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