Holding(s) in Company

RNS Number : 8683Z

Chaarat Gold Holdings Ltd

17 March 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Chaarat Gold Holdings Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Acquisition of voting rights and financial instruments with a similar economic effect to qualifying financial instruments pursuant to a distribution in specie
3. Full name of person(s) subject to the notification obligation: iii		Sarastro Group Limited
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		17 March 2017
6. Date on which issuer notified:		17 March 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 5% in voting rights Above 5% including financial instruments with a similar economic effect to qualifying financing instruments

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

VGG203461055

17,526,228

17,526,228

17,606,228

17,606,228

N/A

5.0%

N/A

Ordinary shares of US$0.01 each

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Warrants to subscribe for new ordinary shares of US$0.01 each

GBP 0.15 per new ordinary share

17 December 2019

To 17 December 2019

Nil

Nominal

Delta

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

17,606,228

5.0%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Sarastro Group Limited is wholly owned by Gerard De Geer.
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	The percentage of voting rights is based on the total shares in issue number of 351,775,832 ordinary shares as set out in the announcement from Chaarat Gold Holdings Limited on 27 September 2016.
14. Contact name:	Edward Allanby
15. Contact telephone number:	[phone]

 

END

 

 

HOLUBRBRBBAOAAR