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Chaarat Gold Holdings Ltd

Chaarat Gold Hlgs Ld - Holding in Company

RNS Number : 2255A
Chaarat Gold Holdings Ltd
28 May 2019
 

28 May 2019

 

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Holding in Company

                                                                                                                             

Chaarat (AIM:CGH), the AIM-quoted gold mining company with assets in the Kyrgyz Republic and Armenia, was informed that on 27 May 2019 Labro Investments Limited held 139,843,969 Shares, representing 34.78% of the issued share capital of the Company following the purchase of 341,308 Shares at an aggregate share price of 31.7 pence per share on 23 May 2019 and 354,944 Shares at an aggregate share price of 31.7 pence per share on 24 May 2019. Martin Andersson (the Executive Chairman of Chaarat) is indirectly beneficially interested in the majority of shares in Labro Investments Limited.

 

Enquiries

Chaarat Gold Holdings Limited
Artem Volynets (CEO)

 
+44 (0)20 7499 2612

 


info@chaarat.com

 

Numis Securities Limited


 

John Prior, Paul Gillam (NOMAD)

+44 (0) 20 7260 1000

 

James Black (Corporate Broking)


 



 

Powerscourt


 

Conal Walsh

+44 (0)20 7250 1446

 

Sam Austrums

chaarat@powerscourt-group.com

 

About Chaarat

Chaarat is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in the Kyrgyz Republic. The Company has a clear strategy to build a leading emerging markets gold company with an initial focus on Central Asia and the FSU through organic growth and selective M&A.

Chaarat is engaged in active community engagement programmes to optimise the value of the Chaarat investment proposition.

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. Further information is available at www.chaarat.com.

 

1            

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Labro Investments Limited

2            

Reason for the notification

a)

Position / status

Person/Entity closely associated with the Chairman

b)

Initial notification / amendment

Initial notification

3            

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chaarat Gold Holdings Limited

b)

Legal entity identifier

213800T2A5CV84VTFJ70

4            

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument,  type of instrument

Ordinary shares of US$0.01 each

 

Identification code

VGG203461055

b)

Nature of the transaction

Acquisition of ordinary shares in the market

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

 

0.3220000

0.3191322

0.3160000

0.3160000

0.3120000

0.3180000

25,000

100,000

100,000

50,000

16,308

50,000

 

e)

Aggregated information

·    Aggregated volume

·    Aggregated price

·    Aggregated total

 

341,308

31.74591 pence

£ 108,351.32

f)

Date of the transaction

23 May 2019

g)

Place of the transaction

XLON

 

 

5            

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Labro Investments Limited

6            

Reason for the notification

a)

Position / status

Person/Entity closely associated with the Chairman

b)

Initial notification / amendment

Initial notification

7            

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chaarat Gold Holdings Limited

b)

Legal entity identifier

213800T2A5CV84VTFJ70

8            

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument,  type of instrument

Ordinary shares of US$0.01 each

 

Identification code

VGG203461055

b)

Nature of the transaction

Acquisition of ordinary shares in the market

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

 

0.3141001

0.3141509

0.3200000

0.3200000

0.3200000

0.3200000

100,000

54,944

75,000

25,000

50,000

50,000

 

e)

Aggregated information

·    Aggregated volume

·    Aggregated price

·    Aggregated total

 

354,944

31.74324 pence

£ 112,670.72

f)

Date of the transaction

24 May 2019

g)

Place of the transaction

XLON

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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