Chaarat Gold Holdings Ltd Holding in Company (1890Y)
07 May 2019 - 4:50PM
UK Regulatory
TIDMCGH
RNS Number : 1890Y
Chaarat Gold Holdings Ltd
07 May 2019
7 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 7
May 2019 Labro Investments Limited held 136,067,471 Shares,
representing 33.84% of the issued share capital of the Company
following the purchase of 355,547 Shares at an aggregate share
price of 27 pence per share on 2 May 2019 and the purchase of
250,000 Shares at an aggregate share price of 27.7 pence per share
on 3 May 2019. Martin Andersson (the 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 Initial notification
/ amendment
-------------------------------- -----------------------------------------
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 Ordinary shares of US$0.01 each
financial instrument,
type of instrument
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)
-------------------------------- -------------- ------------
0.2720000 100,000
0.2696200 100,000
0.2700000 100,000
0.2700000 55,547
-------------------------------------------- -------------- ------------ ---
e) Aggregated information 355,547
* Aggregated volume 27.04556 pence
GBP 96,159.69
* Aggregated price
* Aggregated total
---------------------------------------- --------------------------------------
f) Date of the transaction 2 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 Initial notification
/ amendment
-------------------------------- -----------------------------------------
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 Ordinary shares of US$0.01 each
financial instrument,
type of instrument
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)
-------------------------------- -------------- ------------
0.2769600 50,000
0.2740001 14,957
0.2760001 35,043
0.2780000 75,000
0.2760000 50,000
0.2760000 25,000
-------------------------------------------- -------------- ------------ ---
e) Aggregated information 250,000
* Aggregated volume 27.66724 pence
GBP 69,168.09
* Aggregated price
* Aggregated total
---------------------------------------- --------------------------------------
f) Date of the transaction 3 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.
END
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