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RNS Number : 9590Z Chaarat Gold Holdings Ltd 20 September 2022
20 September 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 14 September 2022, 44,888 Ordinary Shares at an aggregate price of
approximately 11.41 pence per Ordinary Share (in addition to the 260,000
announced on 15 September 2022);
• on 15 September 2022, 265,471 Ordinary Shares at an aggregate price of
approximately 13.54 pence per Ordinary Share; and
• on 16 September 2022, 25,000 Ordinary Shares at an aggregate price of
approximately 14.40 pence per Ordinary Share.
Following these purchases, Labro now holds 307,818,863 Ordinary Shares,
representing 44.63% of the Company's issued share capital. The combined
holding of Labro and Martin Andersson is now 314,788,455 Ordinary Shares
representing 45.64% 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 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 Amendment
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)
0.1141071 44,798
0.1000000 90
e) Aggregated information
· Aggregated volume 44,888
· Aggregated price 11.407882 pence
· Aggregated total £ 5,120.77
f) Date of the transaction 14 September 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)
0.1350000 40,000
0.1361600 100,000
0.1350000 125,471
e) Aggregated information
· Aggregated volume 265,471
· Aggregated price 13.54370 pence
· Aggregated total £ 35,954.59
f) Date of the transaction 15 September 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)
0.1440000 25,000
e) Aggregated information
· Aggregated volume 25,000
· Aggregated price 14.40000 pence
· Aggregated total £ 3,600.00
f) Date of the transaction 16 September 2022
g) Place of the transaction XLON
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