Chaarat Gold Holdings Ltd Holding(s) in Company (3614Z)
18 September 2020 - 4:00PM
UK Regulatory
TIDMCGH
RNS Number : 3614Z
Chaarat Gold Holdings Ltd
18 September 2020
18 September 2020
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Holding in Company
Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an
operating mine in Armenia and assets at various stages of
development in the Kyrgyz Republic, has been informed that Labro
Investments Limited ("Labro"), the majority of shares in which the
Company's Chairman, Martin Andersson, is indirectly beneficially
interested, has made the following market purchases of ordinary
shares of US$0.01 each in the capital of the Company ("Ordinary
Shares"):
-- on 16 September 2020, 144,134 Ordinary Shares at an
aggregate price of approximately 37.31 pence per Ordinary
Share; and
-- on 17 September 2020, 180,000 Ordinary Shares at an
aggregate price of 37.72 pence per Ordinary Share.
Following these purchases, Labro now holds 203,475,349 Ordinary,
representing 38.79% of the Company's issued share capital. The
combined holding of Labro and Martin Andersson is now 209,305,345
Ordinary Shares representing 39.90% of the Company's issued share
capital.
- ends -
Enquiries
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
Artem Volynets (CEO) info@chaarat.com
Canaccord Genuity Limited (NOMAD and Joint + 44 (0)20 7523
Broker) 8000
Henry Fitzgerald-O'Connor
James Asensio
+44 (0)20 7220
finnCap Limited (Joint Broker) 0500
Christopher Raggett
+ 44 (0)20 3470
SP Angel Corporate Finance LLP (Joint Broker) 0470
Ewan Leggatt
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/ .
Appendix - PDMR forms
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)
------------------------------------- ----------------- -----------------
0.3731020 144,134
---------------------------------------------------- ----------------- -----------------
e) Aggregated information
* Aggregated volume 144,134
37.31020 pence
GBP 53,776.68
* Aggregated price
* Aggregated total
-------------------------------------- -----------------------------------------------------
f) Date of the transaction 16 September 2020
------------------------------------- ---------------------------------------
g) Place of the transaction XLON
------------------------------------- ---------------------------------------
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)
--------------------------------- --------------- -------------
0.3700000 30,000
0.3718450 50,000
0.3820100 100,000
------------------------------------------------------ --------------- -------------
e) Aggregated information
* Aggregated volume 180,000
37.71847 pence
GBP 67,893.25
* Aggregated price
* Aggregated total
---------------------------------------- -------------------------------------------------
f) Date of the transaction 17 September 2020
--------------------------------- -----------------------------------------
g) Place of the transaction XLON
--------------------------------- -----------------------------------------
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