REG - Gunsynd PLC - Partial disposal of shares in Charger Metals

GunsyndAnnouncement

31/01/2022 11:55

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RNS Number : 1705A  Gunsynd PLC  31 January 2022

31 January
2022
Gunsynd plc

 

("Gunsynd" or the "Company")

 

Partial disposal of shares in Charger Metals Limited

 

 

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of
holdings in one of its investee companies Charger Metals Limited ("Charger")
(ASX: CHR).

 

The disposal was executed via the sale of 600,000 shares on the market at an
average price per share of approximately 82 cents AUD for proceeds of
approximately AUD$493,000 (approximately £260,000) after costs. This fully
recoups the total cash outlay of $480,000 invested by Gunsynd in Charger.

 

Following this disposal, Gunsynd continues to hold 3 million shares in Charger
representing approximately 6%.

 

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

 

The Directors of Gunsynd accept responsibility for 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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