Gunsynd PLC Partial disposal of shares in Charger Metals (1705A)
January 31 2022 - 6:54AM
UK Regulatory
TIDMGUN
RNS Number : 1705A
Gunsynd PLC
31 January 2022
31 January 2022 Gunsynd plc
("Gunsynd" or the "Company")
Partial disposal of shares in Charger Metals Limited
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has
partially disposed of holdings in one of its investee companies
Charger Metals Limited ("Charger") (ASX: CHR).
The disposal was executed via the sale of 600,000 shares on the
market at an average price per share of approximately 82 cents AUD
for proceeds of approximately AUD$493,000 (approximately
GBP260,000) after costs. This fully recoups the total cash outlay
of $480,000 invested by Gunsynd in Charger.
Following this disposal, Gunsynd continues to hold 3 million
shares in Charger representing approximately 6%.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
The Directors of Gunsynd accept responsibility for this
announcement.
For further information please contact:
Gunsynd plc
Hamish Harris/ Peter Ruse +44 (0) 78 7958 4153
Cairn Financial Advisers LLP
James Caithie / Liam Murray +44 (0) 20 7213 0880
Peterhouse Capital Limited
Lucy Williams +44 (0) 20 7469 0936
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