Chaarat Gold Holdings Ltd Issuance of shares in Company (2420J)
August 16 2019 - 2:00AM
UK Regulatory
TIDMCGH
RNS Number : 2420J
Chaarat Gold Holdings Ltd
16 August 2019
16 August 2019
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Issuance of shares in Company
Chaarat (AIM:CGH), the AIM-quoted gold mining company with
assets in the Kyrgyz Republic and Armenia, announces that it has
issued 14,638,020 ordinary shares of US$0.01 each ("New Ordinary
Shares") to PTML Holdings Limited in completion of the exchange
announced on 30 July 2019 (RNS number 1569H).
An application has been made to the London Stock Exchange for
the New Ordinary Shares to be admitted to trading on AIM, and it is
expected that admission will become effective and trading of the
New Ordinary Shares will commence on or around 8:00am (London time)
on 21 August 2019.
Following the admission of the New Ordinary Shares the Company's
enlarged issued share capital will comprise 418,229,154 ordinary
shares of US$0.01 each. This figure may be used by shareholders of
the Company as the denominator for the calculations by which they
will determine whether they are required to notify their interests
in, or a change to their interest in, the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules Sourcebook.
Enquiries
Chaarat Gold Holdings
Limited +44 (0)20 7499 2612
Artem Volynets (CEO) info@chaarat.com
Numis Securities Limited
John Prior, Paul Gillam
(NOMAD) +44 (0) 20 7260 1000
James Black (Corporate
Broking)
Tavistock
Charles Vivian +44 (0)20 7920 3150
Gareth Tredway chaarat@tavistock.co.uk
Annabel de Morgan
About Chaarat
Chaarat 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.
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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