TIDMCGH

RNS Number : 9718P

Chaarat Gold Holdings Ltd

12 October 2023

THE FOLLOWING RNS ANNOUNCEMENT REPLACES RNS ANNOUNCEMENT NO 9644P RELEASED AT 12:41 TODAY

12 October 2023

Chaarat Gold Holdings Limited

("Chaarat" or the "Company")

Grant of Share Options

Chaarat Gold (AIM: CGH), the AIM-quoted exploration and development company with assets at various stages of development in the Kyrgyz Republic, announces that David Mackenzie, the Company's Chief Financial Officer, has been granted options ("Share Options") over the following ordinary shares of US$0.01 each in the Company ("Ordinary Shares") under The Chaarat Gold Holdings Limited Management Incentive Plan 2019:

 
                      Tranche 1       Tranche 2       Tranche 3 
 Date of Grant        12 October      12 October      12 October 2023 
                       2023            2023 
                     --------------  --------------  ---------------- 
 of Ordinary 
  Shares comprised 
  in option 
  award               2,500,000       2,500,000       1,500,000 
                     --------------  --------------  ---------------- 
 Exercise             5 pence         5 pence         20 pence 
  Price per 
  Ordinary 
  Share 
                     --------------  --------------  ---------------- 
 Vesting Date         12 October      12 October      12 October 2025 
                       2024            2025 
                     --------------  --------------  ---------------- 
 Exercise             12 October      12 October      12 October 2025 
  Period               2024 to 12      2025 to 12      to 12 October 
                       October 2028    October 2028    2028 
                     --------------  --------------  ----------------

The Company's issued share capital is 693,668,088 ordinary shares of US$0.01 each and has 35,802,774 options outstanding following the issue of the Share Options. The total number of voting rights is therefore 693,668,088 and this 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.

 
 Enquiries 
 
                                             +44 (0)20 7499 
 Chaarat Gold Holdings Limited                2612 
 Martin Andersson (Executive Chair)          IR@chaarat.com 
 
 Canaccord Genuity Limited (NOMAD and        + 44 (0)20 7523 
  Joint Broker)                               8000 
 Henry Fitzgerald-O'Connor 
 James Asensio 
 
 Cavendish Capital Markets Limited (Joint    +44 (0)20 7220 
  Broker)                                     0500 
 Neil McDonald 
 
 Panmure Gordon (UK) Limited (Joint          + 44 (0)20 7886 
  Broker)                                     2500 
 John Prior 
  Hugh Rich

About Chaarat

Chaarat is an exploration and development company which owns the 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 .

Appendix 1 - PDMR form

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                           David Alan Mackenzie 
      -----------------------------  -------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------- 
 a)    Position / status              PDMR 
      -----------------------------  -------------------------------------------- 
 b)    Initial notification           Initial notification 
        / amendment 
      -----------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or auction 
        monitor 
      --------------------------------------------------------------------------- 
 a)    Name                           Chaarat Gold Holdings Limited 
      -----------------------------  -------------------------------------------- 
 b)    Legal entity identifier        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             Ordinary shares of US$0.01 each 
        financial instrument, 
        type of instrument 
       Identification code            VGG203461055 
      -----------------------------  -------------------------------------------- 
 b)    Nature of the transaction      Grant of an option award under 
                                       the 2019 Management Incentive Plan 
      -----------------------------  -------------------------------------------- 
 c)    Currency                       GBP 
      -----------------------------  -------------------------------------------- 
 d)    Price(s) and volume(s)                Exercise Price(s)     Volume(s) 
      -----------------------------         --------------------  ----------- 
                                             5p per share          5,000,000 
     20p per share                                                  1,500,000 
   -------------------------------------------------------------  ----------- 
 e)    Aggregated information 
    *    Aggregated volume        6,500,000 
     8.46 pence 
     GBP550,000 
    *    Aggregated price 
 
 
    *    Aggregated total 
 ----------------------------------------------------------  -------------------- 
 f)    Date of the transaction        12 October 2023 
      -----------------------------  -------------------------------------------- 
 g)    Place of the transaction       XLON 
      -----------------------------  --------------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.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.

END

DSHBXBDGBDBDGXD

(END) Dow Jones Newswires

October 12, 2023 09:23 ET (13:23 GMT)

Chaarat Gold (LSE:CGH)
Gráfica de Acción Histórica
De Abr 2024 a May 2024 Haga Click aquí para más Gráficas Chaarat Gold.
Chaarat Gold (LSE:CGH)
Gráfica de Acción Histórica
De May 2023 a May 2024 Haga Click aquí para más Gráficas Chaarat Gold.