another 315000 shares purchased 22p28 Apr 2017 10:14
just over a couple months to purchase another 1,927,698 shares
Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, was informed on 27th April 2017 that as of that day Labro Investments Limited ("Labro") held 120,833,517 ordinary shares of US$ 0.01 each, representing 34.35% of the issued share capital of the Company, following purchases on 26th April of 275,000 ordinary shares at a price of 22.00 pence per share and 40,000 ordinary shares at a price of 22.2663 pence per share.
Martin Andersson (the Chairman of Chaarat) is indirectly beneficially interested in the majority of the shares in Labro.
In accordance with the announcement dated 12 April 2017, a further 1,927,698 ordinary shares of US$0.01 each may be acquired by the concert party within a period of three months from 12 April 2017 without triggering a requirement to make a mandatory offer under the Articles of Association of the Company.