15 August 2024
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Director Dealings
Chaarat (AIM: CGH), a mining explorer and developer with projects in the Kyrgyz Republic, has received notification of the share dealings of the following directors.
Hussein Barma, Independent Non-Executive Director of the Company, sold 241,748 ordinary shares of US$0.01 each in the Company ("Ordinary Shares"), at a share price of approximately £0.00156 per Ordinary Share on 14 August 2024. Gordon Wylie, Senior Non-Executive Independent Chairman of the Company, has today sold 512,429 Ordinary Shares, at a share price of approximately £0.00140 per Ordinary Share. Robert Benbow, Non-Executive Director of the Company, has today sold 1,144,843 Ordinary Shares, at a share price of approximately £0.00143 per Ordinary Share.
Following these transactions, Mr Barma's stake in the Company is 35,000 shares, representing approximately 0.005% of the Company's existing issued share capital. Mr Wylie's stake in the Company is 63,833 shares, representing approximately 0.01% of the Company's existing issued share capital. Mr Benbow's stake in the Company is 235,000 shares representing approximately 0.03% of the Company's existing issued share capital.
PDMR Notifications
Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Hussein Barma | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Independent Non-Executive Director | ||||
| 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. | LEI | 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 Identification code | Ordinary Shares of US$0.01 each VGG203461055 | ||||
| b. | Nature of the transaction | Disposal of ordinary shares in the market | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information
| N/A (single transaction) | ||||
| e. | Date of the transaction | 14 August 2024 | ||||
| f. | Place of the transaction | London Stock Exchange | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Gordon Wylie | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Senior Non-Executive Independent Chairman | ||||
| 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. | LEI | 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 Identification code | Ordinary Shares of US$0.01 each VGG203461055 | ||||
| b. | Nature of the transaction | Disposal of ordinary shares in the market | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information
| N/A (single transaction) | ||||
| e. | Date of the transaction | 15 August 2024 | ||||
| f. | Place of the transaction | London Stock Exchange | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Robert Benbow | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Non-Executive Director | ||||
| 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. | LEI | 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 Identification code | Ordinary Shares of US$0.01 each VGG203461055 | ||||
| b. | Nature of the transaction | Disposal of ordinary shares in the market | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information
| N/A (single transaction) | ||||
| e. | Date of the transaction | 15 August 2024 | ||||
| f. | Place of the transaction | London Stock Exchange | ||||
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019 ("UK MAR").
-- ENDS -
Enquiries:
| Chaarat Gold Holdings Limited | +44 (0)20 7499 2612 |
| David Mackenzie (Interim CEO) | |
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| Strand Hanson Limited (Nominated Adviser) | +44 (0)20 7409 3494 |
| Ritchie Balmer / James Spinney / Robert Collins |
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| Panmure Liberum Limited (Joint Broker) | +44 (0)20 7886 2500 |
| Kieron Hodgson
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| Axis Capital Markets Limited (Joint Broker) | +44 (0)20 3026 0449 |
| Ben Tadd / Lewis Jones |
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| St Brides Partners Limited (Financial Public Relations) | +44 (0)20 7236 1177 |
| Susie Geliher / Charlotte Page |
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