Chaarat Gold Holdings Ltd Director/PDMR Shareholding (4853X)
22 February 2017 - 6:01PM
UK Regulatory
TIDMCGH
RNS Number : 4853X
Chaarat Gold Holdings Ltd
22 February 2017
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Director/PDMR shareholding
Road Town, Tortola, British Virgin Islands (22(nd) February
2017)
Chaarat (AIM - CGH), the AIM quoted exploration and development
company with assets in the Kyrgyz Republic, was informed on 21(st)
February that as of that day Martin Wiwen-Nilsson, a non-executive
director of the Company, held 8,584,023 ordinary shares of US$ 0.01
each, representing 2.44% of the issued share capital of the
Company, following purchases on 21(st) February of 26,000 ordinary
shares at a price of 20.00 pence per share.
In accordance with the announcement dated 27 September 2016, a
further 5,184,372 ordinary shares of US$0.01 each may be acquired
by the concert party within a period of six months from 1 October
2016 without triggering a requirement to make a mandatory offer
under the Articles of Association of the Company.
Enquiries:
Chaarat Gold Holdings
Limited + 44 (0) 20 7499 2612
c/o Central Asia Services info@chaarat.com
Limited
Dekel Golan CEO
Linda Naylor FD
Numis Securities Limited +44 (0) 20 7260 1000
John Prior, Paul Gillam
(NOMAD)
James Black (Broker)
About Chaarat Gold
Chaarat Gold is an exploration and development company operating
in the Kyrgyz Republic with a large, high grade resource - the
Chaarat Gold Project. The Company's key objective is to become a
low cost gold producer generating significant production from the
development of the Chaarat Gold Project. Chaarat is engaged in an
active community engagement programme 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 in the
Kyrgyz Republic 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 Martin Wiwen-Nilsson
--------- ------------------------------- ----------------------------------------
2. Reason for the notification
--------- -------------------------------------------------------------------------
a) Position / status Director
--------- ------------------------------- ----------------------------------------
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 Ordinary shares of US$0.01
the financial each
instrument, type
of instrument
---------
Identification VGG203461055
code
--------- ------------------------------- --------------------- ---------------
b) Nature of the Acquisition of ordinary
transaction shares in the market
--------- ------------------------------- ----------------------------------------
c) Currency GBP
--------- ------------------------------- ----------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
--------- ------------------------------- -------------------- ---------------
20.00 26,000
----------------------------------------- -------------------- ---------------
e) Aggregated information
* Aggregated volume
26,000
20.00 pence
* Aggregated price GBP5,200.00
* Aggregated total
-------------------------------- -------------------------------------------------
f) Date of the transaction 21 February 2017
--------- ------------------------------- ----------------------------------------
g) Place of the transaction XLON
--------- ------------------------------- ----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 22, 2017 02:01 ET (07:01 GMT)