Result of AGM

Chaarat Gold Holdings Ltd

27 July 2023

 

27 July 2023

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Result of Annual General Meeting

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, held its annual general meeting earlier today.  All resolutions were passed by the members entitled to vote.  The results of the poll incorporating valid proxy votes lodged in advance of the meeting are set out below:

№	Resolution	For № of votes	Against № of votes	Withheld № of votes	Percentage of total votes in favour
1.	Approval of 2022 annual report	344,833,460	0	0	100.00%
2.	Re-election of Robert Benbow as a director	333,157,019	90,750	11,585,691	99.97%
3.	Re-election of Gordon Wylie as a director	315,249,019	17,998,750	11,585,691	94.60%
4.	Appointment of MHA as auditor	344,833,460	0	0	100.00%
5.	Remuneration of auditor	344,833,460	0	0	100.00%
6.	Authority to allot shares	323,010,078	18,031,640	3,791,742	94.71%
7.	Disapplication of pre-emption rights*	323,008,628	18,033,090	3,791,742	94.71%

Notes:

1.	Total ordinary shares in issue at the date of the meeting were 689,668,088.
2.	The poll results represent approximately 50.00% of the total number of ordinary shares in issue which carry voting rights of one vote per share.
3.	Any proxy appointments giving discretion to "the Chair of the meeting" have been included in the "For" totals above.
4.	"Withheld" is not a vote in law and therefore is excluded from the calculation of the proportion of the votes for or against a resolution.
5.	* indicates a special resolution requiring a 75% majority.
6.	The full text of the resolutions can be found in the notice of annual general meeting which is available on the Company's website at this link.

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Enquiries
Chaarat Gold Holdings Limited	[phone]
Mike Fraser (CEO)	[e-mail]
Canaccord Genuity Limited (NOMAD and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor
James Asensio
finnCap Limited (Joint Broker)	[phone]
Christopher Raggett
Panmure Gordon (UK) Limited (Joint Broker)	[phone]
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.

 

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