Director/PDMR Shareholding

RNS Number : 8182Z

Chaarat Gold Holdings Ltd

11 February 2014

 



Chaarat Gold Holdings Limited

("Chaarat" or "the Company")

Director's dealings

Road Town, Tortola, British Virgin Islands (12^th February 2014).

Chaarat (AIM:CGH) was notified on 10^th February, that on 6^th February, Vetan Investments Limited, on behalf of Alexander Novak, completed the purchase of 1,310,886 ordinary shares of US$0.01 each ("Shares") in the Company at a price of 10p per share. Following this transaction, Alexander Novak has a beneficial interest in 12,386,198 Shares representing approximately 4.94% of Chaarat's issued share capital.

This purchase of shares by a director follows the announcement on 4^th February that Richard Rae, a non-executive director, had purchased 200,000 ordinary shares of US$0.01 each ("Shares") in the Company at a price of 9.7p per share.

Chaarat's directors now hold 13.72% of the Company's issued share capital.

Enquiries:  

Chaarat Gold Holdings Limited	+ 44 23 800 11747/+ 44 20 7499 2612
c/o Central Asia Services Limited	[e-mail]
Dekel Golan   CEO
Linda Naylor  FD
Numis Securities Limited	[phone]
John Prior, Stuart Skinner (NOMAD) James Black (Broker)

NOTES TO EDITORS:

About Chaarat Gold

Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic with a large, high grade resource which is capable of generating low cost gold production - the Chaarat Gold Project.

The Company's key objective is to become a low cost gold producer targeting annual production of 200,000 ounces from the development of the Chaarat Gold Project. Chaarat is fully funded to complete a Definitive Feasibility Study (DFS) and continue its active community engagement programme to optimise the value of the Chaarat investment proposition.

Chaarat has several other promising prospects also located within the Kyrgyz Republic.

 

END

 

 

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