31 Jan 2022 11:55
31 January 2022 Gunsynd plc
Â
("Gunsynd" or the "Company")
Â
Partial disposal of shares in Charger Metals Limited
Â
Â
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has partially disposed of holdings in one of its investee companies Charger Metals Limited ("Charger") (ASX: CHR).
Â
The disposal was executed via the sale of 600,000 shares on the market at an average price per share of approximately 82 cents AUD for proceeds of approximately AUD$493,000 (approximately £260,000) after costs. This fully recoups the total cash outlay of $480,000 invested by Gunsynd in Charger.
Â
Following this disposal, Gunsynd continues to hold 3 million shares in Charger representing approximately 6%.
Â
Â
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Â
The Directors of Gunsynd accept responsibility for this announcement.
Â
For further information please contact:
Â
Gunsynd plc Hamish Harris/ Peter Ruse  |  +44 (0) 78 7958 4153 |
Cairn Financial Advisers LLP James Caithie / Liam Murray | Â +44 (0) 20 7213 0880 Â |
Peterhouse Capital Limited Lucy Williams | Â +44 (0) 20 7469 0936 Â |
Â
Â