REG - Chaarat Gold Hlgs Ld - Holding(s) in Company
RNS Number : 8642TChaarat Gold Holdings Ltd19 November 2019TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
Chaarat Gold Holdings Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
X
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
X
An acquisition or disposal of financial instruments
X
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name
Martin Andersson
City and country of registered office (if applicable)
London, England
4. Full name of shareholder(s) (if different from 3.)v
Name
(1) Martin Andersson / (2) Labro Investments Limited
City and country of registered office (if applicable)
(1) London, England / (2) Hamilton, Bermuda
5. Date on which the threshold was crossed or reachedvi:
14 November 2019
6. Date on which issuer notified (DD/MM/YYYY):
15 November 2019
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)
% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)
Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached
35.0%
2.2%
37.1%
174,000,604
Position of previous notification (if
applicable)
35.3%
2.2%
37.5%
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
sharesISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
VGG203461055
Ordinary shares of US$0.01 each
163,906,546
Nil
35.0%
Nil
SUBTOTAL 8. A
163,906,546
35.0%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument
Expiration
datexExercise/
Conversion PeriodxiNumber of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
10% Secured Convertible Loan Notes 2021
31 October 2021
11 September 2018 to 31 October 2021
2,849,330
0.6%
SUBTOTAL 8. B 1
2,849,330
0.6%
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument
Expiration
datexExercise/
Conversion Period xiPhysical or cash
settlementxii
Number of voting rights
% of voting rights
Shares vested pursuant to restricted share award under 2019 Incentive Plan
Shares vested pursuant to an option award under 2019 Management Incentive Plan
15 October 2022
To 15 October 2022
Physical - 31 December 2019
Cash - 42p per new ordinary share
1,811,182
5,433,546
0.4%
1.2%
SUBTOTAL 8.B.2
7,244,728
1.5%
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)X
Namexv
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold
Martin Andersson (indirect beneficiary under the family trust)
35.0%
2.2%
37.1%
Kleber Private Trust Company Limited, as trustees for and on behalf of a family trust which owns Labro Investments Limited as a wholly owned subsidiary
35.0%
0.6%
35.6%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
The percentage of voting rights is based on the total shares in issue of 468,811,330 ordinary shares as at 19 November 2019 as set out in the press release of Chaarat Gold Holdings Limited issued on 14 November 2019.
Place of completion
Hamilton, Bermuda
Date of completion
15 November 2019
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.ENDHOLUKONRKKAAARA
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