logo-loader
viewChaarat Gold Holdings Ltd

Correction to Holdings in Company

/**/ h1{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:36.0pt;text-align:justify;text-indent:-36.0pt;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight:normal;}h2{margin-top:12.0pt;margin-right:0cm;margin-bottom:3.0pt;margin-left:0cm;text-align:justify;font-size:14.0pt;font-family:"Arial","sans-serif";color:black;font-div:italic;}h3{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:108.0pt;text-align:justify;text-indent:-36.0pt;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight:normal;}h4{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:144.0pt;text-align:justify;text-indent:-36.0pt;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight:normal;}h5{margin-top:0cm;margin-right:0cm;margin-bottom:12.0pt;margin-left:180.0pt;text-align:justify;text-indent:-36.0pt;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight:normal;}ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: blue }visited{ color: purple } .ea{size:595.45pt 841.7pt;margin:76.25pt 62.65pt 70.9pt 76.25pt;}div.ea{}p.ge{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;margin-bottom: 12.0pt; text-align: left}span.gc{font-family:"Gill Sans MT","sans-serif";color:windowtext}span.ga{color:windowtext}p.gf{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight: bold; margin-bottom: 12.0pt; text-align: center}p.gg{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;margin-bottom:12.0pt}span.fy{font-family:"Gill Sans MT","sans-serif"}span.gh{font-family:"Gill Sans MT","sans-serif"}span.fw{font-family:"Gill Sans MT","sans-serif"; color:windowtext} p.gi{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight: bold; margin-bottom: 12.0pt}span.fv{font-family: "Gill Sans MT","sans-serif"}table.gj{width:325.8pt}tr.fp{height:18.2pt}td.fs{width:162.0pt;padding:0cm 0cm 0cm 0cm; height:18.2pt}p.gk{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight: bold; margin-bottom: 12.1pt; margin-left: 0cm; margin-right: -3.7pt; margin-top: 0cm}td.fq{width:163.8pt;padding:0cm 0cm 0cm 0cm; height:18.2pt}p.gl{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;margin-bottom:12.1pt}td.fo{width:162.0pt;padding:0cm 0cm 0cm 0cm}td.fn{width:163.8pt;padding:0cm 0cm 0cm 0cm} p.gm{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight: bold; margin-bottom: 12.1pt}p.a,li.a,div.a{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;}span.fl{font-family:"Gill Sans MT","sans-serif"; color:black}p.gn{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;font-weight: bold; margin-bottom: 12.1pt; margin-left: 0cm; margin-right: 0cm; margin-top: 12.1pt}p.go{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify}span.gp{font-size: 11.0pt;font-family:"Gill Sans MT","sans-serif"}p.gq{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0cm;text-align:justify}span.gr{font-size:11.0pt;font-family:"Gill Sans MT","sans-serif"}span.fg{font-size:11.0pt;font-family:"Gill Sans MT","sans-serif"}p.dw,li.dw,div.dw{margin-top:0cm;margin-right:0cm;margin-bottom:11.0pt;margin-left:0cm;text-align:justify;font-size:11.0pt;font-family:"Times New Roman","serif";} table.gs{margin-left:-5.4pt;border-collapse:collapse;border:none}td.fc{width:51.25pt;border:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}h1.fd{margin-top:6.0pt;margin-right:0cm;margin-bottom:6.0pt;margin-left: 35.45pt;text-indent:-35.45pt;}span.fe{font-size: 11.5pt}td.fa{width:389.25pt;border:solid windowtext 1.0pt; border-left:none;padding:0cm 5.4pt 0cm 5.4pt}p.gt{margin-top:0cm;margin-right:0cm;margin-bottom:11.0pt;margin-left:0cm;text-align:justify;font-size:11.0pt;font-family:"Times New Roman","serif";font-weight: bold; margin-bottom: 6.0pt; margin-left: 0cm; margin-right: 0cm; margin-top: 6.0pt}td.ey{width:51.25pt;border:solid windowtext 1.0pt; border-top:none;padding:0cm 5.4pt 0cm 5.4pt}p.gu{margin-top:0cm;margin-right:0cm;margin-bottom:11.0pt;margin-left:0cm;text-align:justify;font-size:11.0pt;font-family:"Times New Roman","serif";margin-top:6.0pt;margin-right:0cm;margin-bottom: 6.0pt;margin-left:0cm}td.ex{width:138.05pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.ew{width:240.4pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt} td.ev{width:389.25pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.eu{width:51.25pt;border-top:none;border-left: solid windowtext 1.0pt;border-bottom:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.et{width:138.05pt;border:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt}td.es{width:240.4pt;border:none; border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt}tr.el{height:8.95pt}td.er{width:51.25pt;border:solid windowtext 1.0pt; border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt}td.eq{width:138.05pt;border-top:none; border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt}td.ep{width:3.4pt;border:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt}td.eo{width:100.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt}td.en{width:103.0pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt} td.em{width:1.0pt;border:none;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:8.95pt}tr.eg{height:21.1pt}td.ek{width:3.4pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:21.1pt}td.ej{width:100.6pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:21.1pt}td.ei{width:103.0pt;border-top:none;border-left: none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:21.1pt}td.eh{width:1.0pt;border-top:none;border-left:none; border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt; padding:0cm 5.4pt 0cm 5.4pt;height:21.1pt}p.gv{margin-top:0cm;margin-right:0cm;margin-bottom:11.0pt;margin-left:0cm;text-align:justify;font-size:11.0pt;font-family:"Times New Roman","serif";margin-top:6.0pt;margin-right:0cm;margin-bottom: 6.0pt;margin-left:18.0pt;text-indent:-18.0pt}span.ef{font-family:Symbol}h1.eb{margin-top:6.0pt;margin-right:0cm;margin-bottom:6.0pt;margin-left: 36.0pt;}span.ec{font-size:11.5pt} /**/
RNS Number : 6911E
Chaarat Gold Holdings Ltd
05 July 2019
 

5 July 2019

 

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Correction to Holdings in Company

Chaarat (AIM:CGH), the AIM-quoted gold mining company with assets in the Kyrgyz Republic and Armenia, has been informed that the announcement made on 24 May 2019 (RNS number 0365A) overstated the number of ordinary shares in the Company ("Shares") acquired by Labro Investments Limited ("Labro") on 23 May 2019 by 2,000 Shares. An amended disclosure form containing the information required under MAR is included at the end of this announcement.

As at 23 May 2019, Labro therefore held 139,145,717 Shares, representing 34.61% of the issued share capital of the Company following the purchase of 476,798 Shares at an aggregate share price of 29.8 pence per share on 21 May 2019 and 331,617 Shares (not 333,617 Shares) at an aggregate share price of 31.8 pence per share on 22 May 2019. Martin Andersson (the Executive Chairman of Chaarat) is indirectly beneficially interested in the majority of the shares in Labro. This mistake had a consequential effect on the announcement made on 28 May 2019 which also overstated the holding of Labro by 2,000 Shares.  As at 27 May 2019 Labro Investments Limited therefore held 139,841,969 Shares.

In addition, the Company wishes to clarify that of the 1,914,999 Shares issued to Labro in the placing, as announced on 1 May 2019 (RNS number 8100X), 1,276,666 Shares were acquired as the result of an off-set in respect of funds loaned to the Company on 29 March 2019 under the Labro Loan Agreement announced on 14 December 2018.  An amended disclosure form containing the information required under MAR is included at the end of this announcement.

 

Enquiries

Chaarat Gold Holdings Limited

 

Artem Volynets (CEO)

+44 (0)20 7499 2612

 

[email protected]

 

 

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

Sam Austrums

[email protected]

 

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

 

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 / amendment

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 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)

 

 

0.3200000

0.3180000

0.3180000

0.3140000

0.3219999

25,000

100,000

50,000

100,000

56,617

 

e)

Aggregated information

·    Aggregated volume

·    Aggregated price

·    Aggregated total

 

331,617

31.76275 pence

£ 105,330.67

f)

Date of the transaction

22 May 2019

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 / amendment

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 financial instrument,  type of instrument

Ordinary shares of US$0.01 each

 

Identification code

VGG203461055

b)

Nature of the transaction

Issuance of shares as repayment of loan

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

 

30 pence

1,276,666

 

e)

Aggregated information

·    Aggregated volume

·    Aggregated price

·    Aggregated total

 

1,276,666

30 pence

£382,999.80

f)

Date of the transaction

26 April 2019

g)

Place of the transaction

XLON

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
HOLSSSFLIFUSEEW

Quick facts: Chaarat Gold Holdings Ltd

Price: 38.2

Market: AIM
Market Cap: £168.6 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Chaarat Gold's Dusty Nicol updates on drilling campaign at...

Chaarat Gold Holdings Ltd's (LON:CGH) Dusty Nicol tells Proactive London's Andrew Scott they've  hit more gold in their ongoing drilling campaign at the Tulkubash project in the Kyrgyz Republic. The primary objective of this drilling programme has been to identify shallow mineralisation...

2 days, 13 hours ago

RNS

Holding(s) in Company

14 hours, 46 minutes ago

Holdings in Company

4 days, 14 hours ago

Director/PDMR Shareholding

1 week, 3 days ago

Grant of waiver

1 week, 3 days ago