Chaarat Gold Holdings Ltd Correction to Holdings in Company (5519P)
11 Outubro 2019 - 3:00AM
UK Regulatory
TIDMCGH
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 +44 (0)20 7499 2612
Artem Volynets (CEO) info@chaarat.com
Numis Securities Limited
John Prior, Paul Gillam
(NOMAD) +44 (0) 20 7260 1000
James Black (Corporate
Broking)
Tavistock
Charles Vivian +44 (0)20 7920 3150
Gareth Tredway chaarat@tavistock.co.uk
Barney Hayward
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 rns@lseg.com or visit www.rns.com.
END
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