Chaarat Gold Holdings Ltd Director's Dealings (1040V)
October 23 2014 - 4:28AM
UK Regulatory
TIDMCGH
RNS Number : 1040V
Chaarat Gold Holdings Ltd
23 October 2014
Chaarat Gold Holdings Limited
("Chaarat" or "the Company")
Director's dealings
Road Town, Tortola, British Virgin Islands (23(rd) October
2014).
Chaarat (AIM-CGH), the gold exploration and development company
operating in the Kyrgyz Republic, was notified today that, on
22(nd) October, Vetan Investments Limited, on behalf of Alexander
Novak, transferred, at nil consideration, 1,700,000 ordinary shares
of US$0.01 each in the Company ("Shares") to his former wife as
part of their divorce settlement. As a result of the gift, Mr Novak
has a beneficial interest in 10,686,198 Shares representing
approximately 4.27% of the Company's issued share capital.
Chaarat's directors now hold 12.8% of the Company's issued share
capital.
Enquiries:
Chaarat Gold Holdings Limited + 44 23 800 11747
c/o Central Asia Services Limited info@chaarat.com
Dekel Golan CEO
Linda Naylor FD
Numis Securities Limited +44 (0) 20 7260 1000
John Prior, Paul Gillam (NOMAD)
James Black (Broker)
NOTES TO EDITORS:
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 preparing a
Definitive Feasibility Study (DFS) and continuing its 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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