TIDMCGH

RNS Number : 8096S

Chaarat Gold Holdings Ltd

14 March 2019

14 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 13 March 2019 Chris Eger held 150,000 ordinary shares of US$0.01 each ("Shares"), representing 0.04% of the issued share capital of the Company following the purchase of 130,000 Shares at an aggregate share price of 25.0 pence per share on 11 March 2019 and the purchase of 20,000 Shares at an aggregate share price of 25.4 pence per share on 13 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                                   Chris Eger 
                -------------------------------------  ---------------------------------------------------- 
           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) 
                -------------------------------------   ------------------------  ----------------------- 
                                                         0.25                      50,000 
  ----------------------------------------------------  ------------------------  ----------------------- 
                                                         0.25                      80,000 
  ----------------------------------------------------  ------------------------  ----------------------- 
 e)              Aggregated information 
    *    Aggregated volume                130,000 
     25.0000 pence 
     GBP 32,500 
    *    Aggregated price 
 
 
    *    Aggregated total 
 --------------------------------------  ------------------------------------------------------------------ 
 f)              Date of the transaction                11 March 2019 
                -------------------------------------  ---------------------------------------------------- 
 g)              Place of the transaction               XLON 
                -------------------------------------  ---------------------------------------------------- 
 
 
           5.    Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                                   Chris Eger 
                -------------------------------------  ---------------------------------------------------- 
           6.    Reason for the notification 
                ------------------------------------------------------------------------------------------- 
 a)              Position / status                      Person discharging managerial responsibilities 
                -------------------------------------  ---------------------------------------------------- 
 b)              Initial notification                   Initial notification 
                  / amendment 
                -------------------------------------  ---------------------------------------------------- 
           7.    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 
                -------------------------------------  ---------------------------------------------------- 
           8.    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) 
                -------------------------------------   ------------------------  ----------------------- 
                                                         0.254                     20,000 
  ----------------------------------------------------  ------------------------  ----------------------- 
 e)              Aggregated information 
    *    Aggregated volume                20,000 
     25.4000 pence 
     GBP 5,080 
    *    Aggregated price 
 
 
    *    Aggregated total 
 --------------------------------------  ------------------------------------------------------------------ 
 f)              Date of the transaction                13 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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