Last checked at 29 Dec 2021 07:00
24 December 2021
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Director/PDMR Shareholding
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, has been informed that Labro Investments Limited ("Labro"), the majority of shares in which the Company's Chairman, Martin Andersson, is indirectly beneficially interested, has made the following market purchases of ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares"):
• | on 22 December 2021, 20,000 Ordinary Shares at an aggregate price of approximately 20.00 pence per Ordinary Share; |
• | on 23 December 2021, 120,000 Ordinary Shares at an aggregate price of approximately 19.83 pence per Ordinary Share; and |
• | on 24 December 2021, 160,000 Ordinary Shares at an aggregate price of approximately 19.88 pence per Ordinary Share. |
Following these purchases, Labro now holds 304,516,043 Ordinary Shares, representing 44.17% of the Company's issued share capital. The combined holding of Labro and Martin Andersson is now 311,485,635 Ordinary Shares representing 45.18% of the Company's issued share capital.
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Enquiries | |
Chaarat Gold Holdings Limited | +44 (0)20 7499 2612 |
Patrick Henze (Investor Relations) | info@chaarat.com |
Canaccord Genuity Limited (NOMAD and Joint Broker) | +44 (0)20 7523 8000 |
Henry Fitzgerald-O'Connor | |
James Asensio | |
finnCap Limited (Joint Broker) | +44 (0)20 7220 0500 |
Christopher Raggett | |
Panmure Gordon (UK) Limited (Joint Broker) | +44 (0)20 7886 2500 |
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 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/.
Appendix - PDMR forms
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 | Initial notification | |||
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) | ||
0.2000000 | 20,000 | ||||
e) | Aggregated information · Aggregated volume · Aggregated price · Aggregated total |
20,000 20.00000 pence £ 4,000.00 | |||
f) | Date of the transaction | 22 December 2021 | |||
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 | Initial notification | |||
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) | ||
0.2000000 0.1980000 | 20,000 100,000 | ||||
e) | Aggregated information · Aggregated volume · Aggregated price · Aggregated total |
120,000 19.83333 pence £ 23,800.00 | |||
f) | Date of the transaction | 23 December 2021 | |||
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 | Initial notification | |||
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) | ||
0.1987629 | 160,000 | ||||
e) | Aggregated information · Aggregated volume · Aggregated price · Aggregated total |
160,000 19.87629 pence £ 31,802.06 | |||
f) | Date of the transaction | 24 December 2021 | |||
g) | Place of the transaction | XLON | |||