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 } .dz{size:595.45pt 841.7pt;margin:76.25pt 62.65pt 70.9pt 76.25pt;}div.dz{}p.ev{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.et{color:windowtext}p.ew{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.ex{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;margin-bottom:12.0pt}span.eq{font-family:"Gill Sans MT","sans-serif"}span.ey{font-family:"Gill Sans MT","sans-serif"}span.ep{font-family:"Gill Sans MT","sans-serif"; color:windowtext}span.ez{font-family: "Gill Sans MT","sans-serif"} span.dv{}p.fa{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.eo{font-family: "Gill Sans MT","sans-serif"}table.fb{width:325.8pt}td.ej{width:162.0pt;padding:0cm 0cm 0cm 0cm}p.fc{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}p.fd{margin:0cm;margin-bottom:.0001pt;text-align:justify;font-size:11.0pt;font-family:"Calibri","sans-serif";color:black;margin-bottom:12.1pt}td.ei{width:163.8pt;padding:0cm 0cm 0cm 0cm}p.fe{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.eg{font-family:"Gill Sans MT","sans-serif"; color:black}p.ff{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.fg{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";text-align:justify}span.fh{font-size: 11.0pt;font-family:"Gill Sans MT","sans-serif"}p.fi{margin-right:0cm;margin-left:0cm;font-size:12.0pt;font-family:"Times New Roman","serif";margin-top:0cm;text-align:justify}span.fj{font-size:11.0pt;font-family:"Gill Sans MT","sans-serif"}span.ed{font-size: 11.0pt;font-family:"Gill Sans MT","sans-serif"}span.dx{}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";} /**/
RNS Number : 5519P
Chaarat Gold Holdings Ltd
11 October 2019
 

11 October 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 opening paragraph of the announcement made on 4 October 2019 (RNS number 7868O) overstated the number of ordinary shares in the Company ("Shares") acquired by Labro Investments Limited ("Labro") on 1 October 2019 by 90 Shares.  As at 4 October 2019, Labro therefore held 144,705,026 Shares, representing 32.79% of the issued share capital of the Company following the purchase of 299,900 (not 299,990) Chaarat shares on the market at an aggregate share price of 36.3 pence per share on 1 October 2019 and 400,000 Chaarat shares on the market at an aggregate share price of 36.6 pence per share on 2 October 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 7 October 2019 which also overstated the holding of Labro by 90 Shares.  As at 7 October 2019 Labro Investments Limited therefore held 145,130,886 Shares.

 

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)

 

Tavistock

 

 

 

Charles Vivian

 

Gareth Tredway

Barney Hayward

 

 

 


+44 (0)20 7920 3150
[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.

 


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
 
 
HOLLFFEIIRLILIA

Quick facts: Chaarat Gold Holdings Ltd

Price: 34.2

Market: AIM
Market Cap: £155.86 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

Chaarat Gold strengthens institutional investor base with US$5.8mln raise

Chaarat Gold Holdings Limited’s (LON:CGH) chief executive Artem Volynets caught up with Proactive London's Andrew Scott to discuss this morning's equity raise which was completed at a premium to the current share price. The miner raised US$5.8mln to primarily strengthen its institutional...

3 days, 19 hours ago