REG - Goldplat plc - Sale of portion of share in Caracal Gold Plc

GoldplatAnnouncement

01/03/2022 16:15

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RNS Number : 2627D  Goldplat plc  01 March 2022

 

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining
& Exploration

 

 

1 March 2022

 

Goldplat plc

('Goldplat', the 'Group' or 'the Company')

 

Sale of a portion of share in Caracal Gold Plc

 

 

Goldplat plc, the AIM listed gold producer, with international gold recovery operations located in South
Africa and Ghana, is pleased to announce the sale of a portion of its
shares in Caracal Gold Plc ('Caracal').

 

Goldplat plc's subsidiary Gold Minerals Resources Limited, has sold 32,878,000
of its shares in Caracal for 0.95 pence per share. The shares sold represent
the remainder of the initial share consideration of USD450,000 that was
payable in cash by Caracal, which the Group agreed to take up in shares at the
initial listing price of Caracal, as announced on 3 November 2021.

 

The Group retains a 5.69% interest in Caracal.

 

For further information visit www.goldplat.com, follow
on Twitter @GoldPlatGDP or contact:

 

 Werner Klingenberg                                 Goldplat plc                                     Tel: +27 (0) 82 051 1071

                                                    (CEO)

 Colin Aaronson / George Grainger / Samuel Littler  Grant Thornton UK LLP                            Tel: +44 (0) 20 7383 5100

                                                    (Nominated Adviser)
 Jessica Cave / Andrew de Andrade                   WH Ireland Limited                               Tel: +44 (0) 207 220 1666

                                                    (Broker)

 Tim Thompson / Mark Edwards / Fergus Mellon        Flagstaff Strategic and Investor Communications  Tel: +44 (0) 207 129 1474

                                                                                                     goldplat@flagstaffcomms.com

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

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