EXERCISE OF OPTIONS AND ISSUE OF EQUITY

RNS Number : 4076M

Chaarat Gold Holdings Ltd

27 April 2018

 

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

EXERCISE OF OPTIONS AND ISSUE OF EQUITY

Road Town, Tortola, British Virgin Islands (27 April 2018)

Chaarat (AIM: CGH) has received notification for the exercise of options over 225,000 ordinary shares of US$ 0.01 each in the Company at an exercise price of 15 pence per share.   As a result, the Company has received proceeds of £33,750.  

As the Company's shares were suspended from trading on 24 April 2018 application will be made to the London Stock Exchange to admit the 225,000 new ordinary shares to trading on AIM at the appropriate time. The new ordinary shares will rank pari passu with the existing ordinary shares.

Following the issue of shares detailed above the enlarged issued share capital of the Company will comprise 371,631,876 ordinary shares of US$ 0.01 each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules. 

Enquiries:

Chaarat Gold Holdings Limited                                             + 44 (0) 20 7499 2612

Martin Andersson - Chairman                                                 [e-mail]

Linda Naylor FD and Company Secretary

Numis Securities Limited                                                       [phone]

John Prior, Paul Gillam (NOMAD)

James Black (Corporate Broking)

BMO Capital Markets Limited                                               [phone]

Jeffrey Couch, Neil Haycock,
Thomas Rider (Joint Broker)

Blytheweigh (Financial PR)                                                    [phone]

Tim Blythe

Camilla Horsfall

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 - the Chaarat Gold Project.  The Company's key objective is to become a long term, low-cost gold producer focused in Central Asia and the former Soviet Union.

Chaarat aims to create value for its shareholders, employees and communities in the Kyrgyz Republic by building relationships based on trust and operating to the best environmental, social and employment standards.

Further information is available at www.chaarat.com

 

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