Disposal of Shares in Investee Companies

Gunsynd PLC

04 April 2024

 

4 April 2024

Gunsynd plc

("Gunsynd" or the "Company")

Disposal of Shares in Investee Companies

Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of holdings in some of its investee companies being Charger Metals NL ("Charger") (ASX: CHR); Pacific Nickel Mines Limited ("Pacific Nickel") (ASX: PNM); and Rincon Resources Limited (" Rincon") (ASX: RCR) which are set out below:

Investee company	Number of shares sold	Average price per share (approximately)	Total proceeds*	Resultant shareholding	Approximate resultant shareholding %
Charger	447,458	AUD$0.14	AUD$61,833 (approximately £32,040)	852,542	1.1%
Pacific Nickel	1,783,002	AUD$0.08	AUD$143,441 (approximately £74,320)	996,838	0.2%
Rincon	7,065,812	AUD$0.04	AUD$248,361 (approximately £128,685)	4,000,000	1.8%

*GBP figures based on exchange rate at market close 2 April 2024

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information please contact:

Gunsynd plc Hamish Harris/ Peter Ruse	[phone]
Cairn Financial Advisers LLP James Caithie / Liam Murray	[phone]
Peterhouse Capital Limited Lucy Williams	[phone]

 

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