Chaarat Gold Holdings Ltd Holding(s) in Company (4839O)
07 November 2016 - 9:15AM
UK Regulatory
TIDMCGH
RNS Number : 4839O
Chaarat Gold Holdings Ltd
07 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
(i)
1. Identity of the issuer or the underlying
issuer of existing shares to which voting Chaarat Gold Holdings Limited
rights are attached: ii
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights ΓΌ
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please Acquisition of voting rights and financial instruments
specify): with a similar economic effect to qualifying financial
instruments pursuant to a distribution in specie
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3. Full name of person(s) subject Labro Investments Limited
to the notification obligation: iii
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4. Full name of shareholder(s)
(if different from 3.):iv
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5. Date of the transaction and date
on which the threshold is crossed 4 November 2016
or reached: v
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6. Date on which issuer notified: 4 November 2016
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7. Threshold(s) that is/are crossed Above 39% including financial instruments
or reached: vi, vii with a similar economic effect to qualifying
financing instruments
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8. Notified details:
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A: Voting rights attached to shares viii, ix
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Class/type of Situation previous Resulting situation after the triggering
shares to the triggering transaction
transaction
if possible
using
the ISIN CODE
--------------- -------------------------------- -------------------------------------------------------------------
Number of Number of Number of Number of voting % of voting rights
Shares Voting Rights shares rights x
--------------- --------------- --------------- --------------- --------------------------- ---------------------
Direct Direct xi Indirect Direct Indirect
xii
--------------- --------------- --------------- --------------- --------------- ---------- ----------- --------
VGG203461055
Ordinary
shares
of US$0.01
each 115,677,463 115,677,463 115,827,463 115,827,463 N/A 32.9% N/A
--------------- --------------- --------------- --------------- --------------- ---------- ----------- --------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial Expiration Exercise/ Number of voting % of voting
instrument date xiii Conversion Period rights that may rights
xiv be
acquired if the
instrument is
exercised/ converted.
------------------ ----------- ------------------ ---------------------- ------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
xv, xvi
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Resulting situation after the triggering transaction
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Type of financial Exercise Expiration Exercise/ Number of voting % of voting rights
instrument price date xvii Conversion rights instrument xix, xx
period xviii refers to
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Warrants to subscribe US$0.234 17 To 17 Nominal Delta
for new ordinary per new December December
shares of ordinary 2019 2019
$0.01 each share
----------------------- ----------- ------------ --------------- ------------------- ----------- --------
21,367,521 6.1%
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Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------ ----------------------------
137,194,984 39.0%
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9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
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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.
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Proxy Voting:
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10. Name of the proxy holder: N/A
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11. Number of voting rights proxy holder will
cease to hold: N/A
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12. Date on which proxy holder will cease to
hold voting rights: N/A
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The percentage of voting rights is
13. Additional information: based on the total shares in issue
number of 351,775,832 ordinary shares
as set out in the announcement from
Chaarat Gold Holdings Limited on 27
September 2016.
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14. Contact name: Edward Allanby
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15. Contact telephone number: +1 441 296 0541
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 07, 2016 04:15 ET (09:15 GMT)