Chaarat Gold Holdings Ltd Holding(s) in Company (8256V)
August 11 2020 - 9:37AM
UK Regulatory
TIDMCGH
RNS Number : 8256V
Chaarat Gold Holdings Ltd
11 August 2020
11 August 2020
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Holding in Company
Chaarat (AIM:CGH), the AIM-quoted gold mining Company with an
operating mine in Armenia and assets at various stages of
development in the Kyrgyz Republic, has been informed that Labro
Investments Limited ("Labro"), the majority of shares in which the
Company's Chairman, Martin Andersson, is indirectly beneficially
interested, has made the following market purchases of ordinary
shares of US$0.01 each in the capital of the Company ("Ordinary
Shares"):
-- on 10 August 2020, 3,600 Ordinary Shares at an aggregate
price of approximately 38.0 pence per Ordinary Share;
and
-- on 11 August 2020, 130,000 Ordinary Shares at an aggregate
price of 39.05 pence per Ordinary Share.
Following these purchases, Labro now holds 203,151,215 Ordinary,
representing 38.73% of the Company's issued share capital. The
combined holding of Labro and Martin Andersson is now 208,981,211
Ordinary Shares representing 39.84% of the Company's issued share
capital.
Enquiries
Chaarat Gold Holdings Limited +44 (0)20 7499 2612
Artem Volynets (CEO) info@chaarat.com
Numis Securities Limited
Paul Gillam (NOMAD) +44 (0) 20 7260 1000
SP Angel Corporate Finance
LLP + 44 (0) 20 3470 0470
Ewan Leggat (Joint Broker)
finnCap Limited +44 (0)20 7220 0500
Christopher Raggett (Joint
Broker)
Camille Gochez (Joint Broker)
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/ .
Appendix - PDMR forms
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 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)
------------------------------------- ----------------- -----------------
0.3800000 3,600
---------------------------------------------------- ----------------- -----------------
e) Aggregated information
* Aggregated volume 3,600
38.00000 pence
GBP 1,368.00
* Aggregated price
* Aggregated total
-------------------------------------- -----------------------------------------------------
f) Date of the transaction 10 August 2020
------------------------------------- ---------------------------------------
g) Place of the transaction XLON
------------------------------------- ---------------------------------------
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 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)
--------------------------------- --------------- -------------
0.3925000 30,000
0.3898511 100,000
------------------------------------------------------ --------------- -------------
e) Aggregated information
* Aggregated volume 130,000
39.04624 pence
GBP 50,760.11
* Aggregated price
* Aggregated total
---------------------------------------- -------------------------------------------------
f) Date of the transaction 11 August 2020
--------------------------------- -----------------------------------------
g) Place of the transaction XLON
--------------------------------- -----------------------------------------
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END
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