Sale of portion of share in Caracal Gold Plc

RNS Number : 2627D

Goldplat plc

01 March 2022

 

G oldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

1 March 2022

Goldplat   plc

( 'Goldplat', t he   'Group' or 'the   Company')

Sale of a portion of share in Caracal Gold Plc

G oldplat plc, the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana, is pleased to announce the sale of a portion of its shares in Caracal Gold Plc ('Caracal').

Goldplat plc's subsidiary Gold Minerals Resources Limited, has sold 32,878,000 of its shares in Caracal for 0.95 pence per share. The shares sold represent the remainder of the initial share consideration of USD450,000 that was payable in cash by Caracal, which the Group agreed to take up in shares at the initial listing price of Caracal, as announced on 3 November 2021.

The Group retains a 5.69% interest in Caracal.

For further information visit www.goldplat.com, follow on Twitter @GoldPlatGDP or contact:

Werner Klingenberg	Goldplat plc (CEO)	Tel: [phone]
Colin Aaronson / George Grainger / Samuel Littler	Grant Thornton UK LLP (Nominated Adviser)	Tel: [phone]
Jessica Cave / Andrew de Andrade	WH Ireland Limited (Broker)	Tel: [phone]
Tim Thompson / Mark Edwards / Fergus Mellon	Flagstaff Strategic and Investor Communications	Tel: [phone] [e-mail]

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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