REG - Chaarat Gold Hlgs Ld - Move to SETSqx

Chaarat Gold HoldingsAnnouncement

08/11/2023 07:00

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RNS Number : 6400S  Chaarat Gold Holdings Ltd  08 November 2023

8 November 2023

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Move to SETSqx

 

Chaarat Gold (AIM: CGH), the AIM-quoted gold mining company with assets at
various stages of development in the Kyrgyz Republic, announces changes to
the platform on which its shares are traded.  With effect from 8 November
2023, trading in the Company's ordinary US$0.01 shares will move to the London
Stock Exchange's Stock Exchange Electronic Trading Service - quotes and
crosses ("SETSqx"). ISIN and SEDOL codes remain unchanged.

SETSqx is a hybrid trading system, combining features from SEAQ and SETS, and
is designed for securities with reasonable levels of liquidity, but which may
at times require market maker quotes to maintain levels of trading. As such,
the electronic order book is split into a quote book and an order book - the
quote book being the listing of quotes by appointed market makers, and the
order book being electronic orders entered as they are on SETS.

Launched in 2007, market makers provide continuous liquidity throughout the
trading day on the SETSqx system, whilst order book execution takes place
through auctions, with four uncrossings designed to concentrate liquidity.
Both market makers and non-market makers can participate in these auctions. In
essence, SETSqx provides investors the opportunity to trade against market
maker quotes, as well as by submitting orders into the auctions.

 

 

 For further information visit www.chaarat.com (http://www.chaarat.com) or
 please contact:

 Chaarat Gold Holdings Limited                    +44 (0)20 7499 2612
 Martin Andersson (Executive Chair)               IR@chaarat.com (mailto:IR@chaarat.com)

 Strand Hanson Limited (Nominated Adviser)        +44 (0)20 7409 3494
 Ritchie Balmer / James Spinney / Robert Collins

 Axis Capital Markets Limited (Joint Broker)      +44 (0)20 3026 0449
 Ben Tadd / Lewis Jones

 Panmure Gordon (UK) Limited (Joint Broker)       +44 (0)20 7886 2500
 John Prior / Hugh Rich

About Chaarat

Chaarat is an exploration and development company which owns the 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.

ENDS

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