TIDMCGH

RNS Number : 3835S

Chaarat Gold Holdings Ltd

11 March 2019

11 March 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 8 March 2019 Artem Volynets held 372,000 ordinary shares of US$0.01 each ("Shares"), representing 0.09% of the issued share capital of the Company following the purchase of 300,000 Shares at an aggregate share price of 24.8 pence per share on 8 March 2019.

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 
Isabelle Saber                    chaarat@powerscourt-group.com 
 Sam Austrums 
 

About Chaarat Gold

Chaarat Gold 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                                   Artem Volynets 
                -------------------------------------  ---------------------------------------------------- 
           2.    Reason for the notification 
                ------------------------------------------------------------------------------------------- 
 a)              Position / status                      Person discharging managerial responsibilities 
                -------------------------------------  ---------------------------------------------------- 
 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) 
                -------------------------------------   ------------------------  ----------------------- 
                                                         0.2410                    100,000 
  ----------------------------------------------------  ------------------------  ----------------------- 
                                                         0.256                     120,000 
                                                        ------------------------  ----------------------- 
                                                         0.245                     80,000 
  ----------------------------------------------------  ------------------------  ----------------------- 
 e)              Aggregated information 
    *    Aggregated volume                300,000 
     24.8000 pence 
     GBP 74,420 
    *    Aggregated price 
 
 
    *    Aggregated total 
 --------------------------------------  ------------------------------------------------------------------ 
 f)              Date of the transaction                8 March 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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March 11, 2019 03:01 ET (07:01 GMT)

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