Chaarat Gold Holdings Ltd Director/PDMR Shareholding (0947L)
July 14 2017 - 4:12AM
UK Regulatory
TIDMCGH
RNS Number : 0947L
Chaarat Gold Holdings Ltd
14 July 2017
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Director/PDMR shareholding
Road Town, Tortola, British Virgin Islands (14(th) July
2017)
Chaarat (AIM - CGH), the AIM quoted exploration and development
company with assets in the Kyrgyz Republic, was informed on 13(th)
July that Labro Investments Limited ("Labro") holds 121,798,037
ordinary shares of US$ 0.01 each, representing 34.62% of the issued
share capital of the Company, following purchases on 12(th) July of
50,000 ordinary shares at a price of 16.475 pence per share, 50,000
ordinary shares at a price of 16.50 pence per share, 50,000
ordinary shares at a price of 16.70 pence per share and 50,000
ordinary shares at a price of 17.1833 pence per share.
Martin Andersson (the Chairman of Chaarat) is indirectly
beneficially interested in the majority of the shares in Labro.
In accordance with the announcement dated 11 July 2017, a
further 433,622 ordinary shares of US$0.01 each may be acquired by
the concert party within a period of three months from 12 July 2017
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
Robert Benbow 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 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 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)
---- ----------------------------- ----- ---------------- ------------
16.475 50,000
16.50 50,000
16.70 50,000
17.1833 50,000
---------------------------------------- ---------------- ------------
e) Aggregated information
* Aggregated volume
200,000
16.714575 pence
* Aggregated price GBP 33,429.15
* Aggregated total
------------------------------------ --------------------------------------
f) Date of the transaction 12 July 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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