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RNS Number : 8341Q

Chaarat Gold Holdings Ltd

30 June 2022

30 June 2022

Chaarat Gold Holdings Limited

(" Chaarat " or the " Company ")

Director/PDMR Shareholding

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 Darin Cooper, Chief Operating Officer of the Company, sold in the market 1,244 ordinary shares of US$0.01 each in the capital of the Company (" Ordinary Shares ") at an aggregate share price of approximately 16.10 pence per Ordinary Share on 12 May 2022. This sale was made in order to satisfy a liability to the trustee of the Chaarat Gold Holdings Limited Employee Benefit Trust for acting as nominee holder in respect of Mr Cooper's shareholding.

Following this sale, Mr Cooper now holds 1,952,695 Ordinary Shares.

- ends -

 
 Enquiries 
 
                                         +44 (0)20 7499 
 Chaarat Gold Holdings Limited            2612 
 Mike Fraser (CEO)                       info@chaarat.com 
 Canaccord Genuity Limited (NOMAD and    + 44 (0)20 7523 
  Joint Broker)                           8000 
 Henry Fitzgerald-O'Connor 
 James Asensio 
                                         +44 (0)20 7220 
 finnCap Limited (Joint Broker)           0500 
 Christopher Raggett 
 Panmure Gordon (UK) Limited (Joint      +44 (0)20 7886 
  Broker)                                 2500 
 John Prior 
  Hugh Rich 
 

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 through organic growth and selective M&A.

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 form

 
           1.    Details of the person discharging managerial responsibilities 
                  / person closely associated 
 a)              Name                               D arin Cooper 
                ---------------------------------  -------------------------------------------- 
           2.    Reason for the notification 
                ------------------------------------------------------------------------------- 
 a)              Position / status                  PDMR 
                ---------------------------------  -------------------------------------------- 
 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          Sale of ordinary shares in the market 
                ---------------------------------  -------------------------------------------- 
 c)              Currency                           GBP 
                ---------------------------------  -------------------------------------------- 
 d)              Price(s) and volume(s)              Price(s)                  Volume(s) 
                ---------------------------------   ------------------------  --------------- 
    1 6 .1 0 pence                                                             1,244 
   -------------------------------------------------------------------------  --------------- 
 e)              Aggregated information 
    *    Aggregated volume            1,244 
     1 6 .1 0 pence 
     GBP200.28 
    *    Aggregated price 
 
 
    *    Aggregated total 
 ------------------------------------------------------------  -------------------------------- 
 f)              Date of the transaction            12 May 2022 
                ---------------------------------  -------------------------------------------- 
 g)              Place of the transaction           XLON 
                ---------------------------------  -------------------------------------------- 
 

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END

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