Holding in Company

RNS Number : 5671S
Chaarat Gold Holdings Ltd
12 March 2019
 

12 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 11 March 2019 Artem Volynets held 872,000 ordinary shares of US$0.01 each ("Shares"), representing 0.22% of the issued share capital of the Company following the purchase of 500,000 Shares at an aggregate share price of 25.5 pence per share on 11 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

Sam Austrums

chaarat@powerscourt-group.com

 

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

Artem Volynets

2.           

Reason for the notification

a)

Position / status

Person discharging managerial responsibilities

b)

Initial notification / amendment

Initial notification

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 financial instrument,  type of instrument

Ordinary shares of US$0.01 each

 

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)

 

0.257

50,000

0.255

50,000

0.255

400,000

e)

Aggregated information

·      Aggregated volume

·      Aggregated price

·      Aggregated total

 

500,000

25.5000 pence

£ 127,600

f)

Date of the transaction

11 March 2019

g)

Place of the transaction

XLON

 

 


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