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REG - Gunsynd PLC - Partial disposal of shares in Investee companies

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RNS Number : 9127M  Gunsynd PLC  17 January 2023

17 January 2023

Gunsynd plc

 

("Gunsynd" or the "Company")

 

Partial disposal of shares in Investee companies

 

 

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of
holdings in some of its investee companies being Charger Metals NL ("Charger")
(ASX: CHR); Pacific Nickel Mines Ltd ("Pacific Nickel") (ASX:PNM) and First
Tin Plc ("First Tin") (LSE:1SN), which are set out below:

 

 Investee company  Number of shares sold  Average price per share (approximately)  Total proceeds*                       Resultant shareholding  Approximate resultant shareholding %
 Charger           197,940                AUD$0.58                                 AUD$115,686 (approximately £65,964)   2,977,060               4.8%
 Pacific Nickel    1,945,757              AUD$0.07                                 AUD$135,702 (approximately £77,377)   2,779,840               0.7%
 First Tin         465,333                £0.11                                    £50,724                               618,000                 0.2%

 

*GBP figures based on exchange rate at market close 16 January 2023

 

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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