27 July 2023
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Result of Annual General Meeting
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, held its annual general meeting earlier today. All resolutions were passed by the members entitled to vote. The results of the poll incorporating valid proxy votes lodged in advance of the meeting are set out below:
| № | Resolution | For № of votes | Against № of votes | Withheld № of votes | Percentage of total votes in favour |
| 1. | Approval of 2022 annual report | 344,833,460 | 0 | 0 | 100.00% |
| 2. | Re-election of Robert Benbow as a director | 333,157,019 | 90,750 | 11,585,691 | 99.97% |
| 3. | Re-election of Gordon Wylie as a director | 315,249,019 | 17,998,750 | 11,585,691 | 94.60% |
| 4. | Appointment of MHA as auditor | 344,833,460 | 0 | 0 | 100.00% |
| 5. | Remuneration of auditor | 344,833,460 | 0 | 0 | 100.00% |
| 6. | Authority to allot shares | 323,010,078 | 18,031,640 | 3,791,742 | 94.71% |
| 7. | Disapplication of pre-emption rights* | 323,008,628 | 18,033,090 | 3,791,742 | 94.71% |
Notes:
| 1. | Total ordinary shares in issue at the date of the meeting were 689,668,088. |
| 2. | The poll results represent approximately 50.00% of the total number of ordinary shares in issue which carry voting rights of one vote per share. |
| 3. | Any proxy appointments giving discretion to "the Chair of the meeting" have been included in the "For" totals above. |
| 4. | "Withheld" is not a vote in law and therefore is excluded from the calculation of the proportion of the votes for or against a resolution. |
| 5. | * indicates a special resolution requiring a 75% majority. |
| 6. | The full text of the resolutions can be found in the notice of annual general meeting which is available on the Company's website at this link. |
- ends -
| Enquiries | |
|
| |
| Chaarat Gold Holdings Limited | +44 (0)20 7499 2612 |
| Mike Fraser (CEO) | |
| Canaccord Genuity Limited (NOMAD and Joint Broker) | +44 (0)20 7523 8000 |
| Henry Fitzgerald-O'Connor |
|
| James Asensio | |
| finnCap Limited (Joint Broker) | +44 (0)20 7220 0500 |
| Christopher Raggett |
|
| Panmure Gordon (UK) Limited (Joint Broker) | +44 (0)20 7886 2500 |
| 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.