CHAARAT GOLD HOLDINGS LIMITED Not for release, publication or distribution to United States newswire services or for release, publication or dissemination in the United States AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES HEREIN.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this press release have not been, and will not be, registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to a U.S. person (as defined in Regulation S under the US Securities Act) except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws. There will be no public offering of the securities in the United States.
Chaarat Gold Holdings Limited
("Chaarat", "Chaarat Gold" or "the Company")
Issue of US$15 million short term senior secured convertible loan notes
Road Town, Tortola, British Virgin Islands (12 April 2017).
Chaarat (AIM:CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, is pleased to announce, further to its announcement earlier today, that Labro Investments Limited and Martin Wiwen-Nilsson have now firmly committed for their subscriptions of US$375,000 each of the US$ 15 million issue of short term senior secured convertible loan notes (the "Notes") (the "Issue").
Enquiries:
Chaarat Gold Holdings Limited | + 44 23 800 11747 |
c/o Central Asia Services Limited | info@chaarat.com |
Dekel Golan CEO | |
Linda Naylor FD | |
Numis Securities Limited | +44 (0) 20 7260 1000 |
John Prior, Paul Gillam (NOMAD) | |
James Black (Broker) | |
Regulatory
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
Details of the person discharging managerial responsibilities / person closely associated | ||||
Name | Labro Investments Limited | |||
Reason for the notification | ||||
Position/status | Person/Entity closely associated with the Chairman | |||
Initial notification /Amendment | Initial Notification | |||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
Name | Chaarat Gold Holdings Limited | |||
LEI | 213800T2A5CV84VTFJ70 | |||
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 | ||||
Description of the Financial instrument, type of instrument Identification code | Senior secured convertible loan notes, convertible into ordinary shares of US$0.01 each VGG203461055 | |||
Nature of the transaction | Purchase of senior secured convertible loan notes | |||
Price(s) and volume(s) | US$375,000 of senior secured convertible loan note, convertible into ordinary shares in the Company of US$0.01 each: | |||
Price(s) | Volume(s) | |||
Convertible at 30p per share | 1,013,750 | |||
Aggregated information | ||||
| 1,013,750 £304,124.70 |
Date of the transaction | 2017-04-12 |
Place of the transaction | London Stock Exchange, AIM (XLON) |
Details of the person discharging managerial responsibilities / person closely associated | |
Name | Martin Wiwen-Nilsson |
Reason for the notification | |
Position/status | Director |
Initial notification /Amendment | Initial Notification |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
Name | Chaarat Gold Holdings Limited |
LEI | 213800T2A5CV84VTFJ70 |
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 | |
Description of the Financial instrument, type of instrument Identification code | Senior secured convertible loan notes, convertible into ordinary shares of US$0.01 each VGG203461055 |
Nature of the transaction | Purchase of senior secured convertible loan notes |
Price(s) and volume(s) | US$375,000 of senior secured convertible loan note, convertible into ordinary shares in the Company of US$0.01 each: |
Price(s) | Volume(s) | |||
Convertible at 30p per share | 1,013,750 | |||
Aggregated information
| 1,013,750 £304,124.70 | |||
Date of the transaction | 2017-04-12 | |||
Place of the transaction | London Stock Exchange, AIM (XLON) | |||
Chaarat Gold Holdings Ltd. published this content on 15 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 April 2017 07:28:13 UTC.
Original documenthttp://www.chaarat.com/files/12 April second placing announcement.pdf
Public permalinkhttp://www.publicnow.com/view/A47BB9D8B52993B5D2D3DC60680CFB7F8D9BC50B
