Chaarat Gold Holdings Ltd Holding in Company (5671S)
March 12 2019 - 3:02AM
UK Regulatory
TIDMCGH
RNS Number : 5671S
Chaarat Gold Holdings Ltd
12 March 2019
12 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 11
March 2019 Artem Volynets held 872,000 ordinary shares of US$0.01
each ("Shares"), representing 0.22% of the issued share capital of
the Company following the purchase of 500,000 Shares at an
aggregate share price of 25.5 pence per share on 11 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)
------------------------------------- ------------------------ -----------------------
0.257 50,000
---------------------------------------------------- ------------------------ -----------------------
0.255 50,000
------------------------ -----------------------
0.255 400,000
---------------------------------------------------- ------------------------ -----------------------
e) Aggregated information
* Aggregated volume 500,000
25.5000 pence
GBP 127,600
* Aggregated price
* Aggregated total
-------------------------------------- ------------------------------------------------------------------
f) Date of the transaction 11 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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