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Company Announcements

Holding(s) in Company

By LSE RNS

RNS Number : 7940X
Chaarat Gold Holdings Ltd
24 February 2017
 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

 

Chaarat Gold Holdings Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

ü

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):


 

3. Full name of person(s) subject to the notification obligation: iii

 

Labro Investments Limited

 

4. Full name of shareholder(s)

(if different from 3.):iv


5. Date of the transaction and date on which the threshold is crossed or reached: v

 

22 February 2017

6. Date on which issuer notified:

22 February 2017

7. Threshold(s) that is/are crossed or reached: vi, vii

 

Above 34% in voting rights


 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

 

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect

xii

Direct

Indirect

VGG203461055

 

119,458,517

 

 

119,458,517

 

120,058,517

 

120,058,517

 

N/A

 

34.1%

 

N/A

Ordinary shares of US$0.01 each


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Warrants to subscribe for new ordinary shares of

$0.01 each

15p per new ordinary share

17

December 2019

To 17

December 2019

 

21,367,521

Nominal

Delta

6.1%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

141,426,038

40.2%


 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Labro Investments Limited is majority owned by Kleber Private Trust Company Limited, acting as trustees for and on behalf of a family trust. Martin Andersson is indirectly beneficially interested in the majority of the shares.


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

 

N/A

12. Date on which proxy holder will cease to hold voting rights:

 

N/A


 

13. Additional information:

The percentage of voting rights is based on the total shares in issue number of 351,775,832 ordinary shares as at 23 December 2016 as set out in the share capital section at the Chaarat Gold Holdings Limited website www.chaarat.com.

14. Contact name:

Edward Allanby

15. Contact telephone number:

+1 441 296 0541

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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