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CORRECT (May 24): Chaarat Gold Exec Chair's Associate Firm Buys Shares

5th Jul 2019 18:32

(Correcting shares acquired by Labro and total holding after the deals following company update)

LONDON (Alliance News) - Chaarat Gold Holdings Ltd updated on Friday that an entity closely associated with Executive Chair Martin Andersson acquired shares worth GBP250,000 in the AIM-quoted gold mining company in late May.

On May 21, Labro Investments Ltd purchased a total of 476,798 shares at an average price of 29.75 pence each, worth GBP141,861. On May 22, Labro bought a further 331,617 shares at 31.76 pence worth GBP105,331.

Following the transactions, Labro held 139.1 million shares in Chaarat.

On Friday, Chaarat's shares in London closed down 0.7% at 27.80p each.


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