Director/PDMR Shareholding

RNS Number : 8341Q

Chaarat Gold Holdings Ltd

30 June 2022

 

30 June 2022

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 Darin Cooper, Chief Operating Officer of the Company, sold in the market 1,244 ordinary shares of US$0.01 each in the capital of the Company (" Ordinary Shares ") at an aggregate share price of approximately 16.10 pence per Ordinary Share on 12 May 2022.  This sale was made in order to satisfy a liability to the trustee of the Chaarat Gold Holdings Limited Employee Benefit Trust for acting as nominee holder in respect of Mr Cooper's shareholding.

Following this sale, Mr Cooper now holds 1,952,695 Ordinary Shares. 

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Enquiries
Chaarat Gold Holdings Limited	[phone]
Mike Fraser (CEO)	[e-mail]
Canaccord Genuity Limited (NOMAD and Joint Broker)	+ 44 (0)20 7523 8000
Henry Fitzgerald-O'Connor
James Asensio
finnCap Limited (Joint Broker)	[phone]
Christopher Raggett
Panmure Gordon (UK) Limited (Joint Broker)	[phone]
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 through organic growth and selective M&A.

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 form

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	D arin Cooper
2.	Reason for the notification
a)	Position / status	PDMR
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	Sale of ordinary shares in the market
c)	Currency	GBP
d)	Price(s) and volume(s)		Price(s)	Volume(s)
			1 6 .1 0 pence	1,244
e)	Aggregated information · Aggregated volume · Aggregated price · Aggregated total	1,244 1 6 .1 0 pence £200.28
f)	Date of the transaction	12 May 2022
g)	Place of the transaction	XLON

 

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