REG - Gunsynd PLC - Disposal of Shares in Investee Companies

GunsyndAnnouncement

04/04/2024 07:00

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RNS Number : 2417J  Gunsynd PLC  04 April 2024

4 April 2024

Gunsynd plc

 

("Gunsynd" or the "Company")

 

Disposal of Shares in Investee Companies

 

 

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of holdings
in some of its investee companies being Charger Metals NL ("Charger") (ASX:
CHR); Pacific Nickel Mines Limited ("Pacific Nickel") (ASX: PNM); and Rincon
Resources Limited (" Rincon") (ASX: RCR) which are set out below:

 

 Investee company  Number of shares sold  Average price per share (approximately)  Total proceeds*                       Resultant shareholding  Approximate resultant shareholding %
 Charger           447,458                AUD$0.14                                 AUD$61,833 (approximately £32,040)    852,542                 1.1%
 Pacific Nickel    1,783,002              AUD$0.08                                 AUD$143,441 (approximately £74,320)   996,838                 0.2%
 Rincon            7,065,812              AUD$0.04                                 AUD$248,361                           4,000,000               1.8%

                                                                                   (approximately £128,685)

 

*GBP figures based on exchange rate at market close 2 April 2024

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

For further information please contact:

 

 Gunsynd plc

 Hamish Harris/ Peter Ruse     +44 (0) 78 7958 4153

 Cairn Financial Advisers LLP

 James Caithie / Liam Murray   +44 (0) 20 7213 0880

 Peterhouse Capital Limited

 Lucy Williams                 +44 (0) 20 7469 0936

 

 

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