Chaarat Gold Holdings Ltd EXERCISE OF OPTIONS AND ISSUE OF EQUITY (3947A)
December 27 2017 - 12:41PM
UK Regulatory
TIDMCGH
RNS Number : 3947A
Chaarat Gold Holdings Ltd
27 December 2017
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
EXERCISE OF OPTIONS AND ISSUE OF EQUITY
Road Town, Tortola, British Virgin Islands (27 December
2017)
Chaarat (AIM: CGH) has received notification for the exercise of
options over 400,000 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 GBP60,000.
Application will be made to the London Stock Exchange to admit
the 400,000 new ordinary shares to trading on AIM. Admission of the
new ordinary shares is expected to occur on or around 3 January
2018. 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 356,877,772 ordinary
shares (including shares issued in the placing announced on 21
December 2017) 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 info@chaarat.com
Linda Naylor FD/Company
Secretary
Numis Securities Limited +44 (0) 20 7260 1000
John Prior, Paul Gillam
(NOMAD)
James Black (Broker)
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.
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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