9th Dec 2019 18:27
(Alliance News) - Chaarat Gold Holdings Ltd on Monday said Labro Investments Ltd - an entity closely associated with the Chair Martin Andersson - acquired shares in the mining company following a series of transactions on Thursday and Friday last week.
Labro bought 230,324 shares last Thursday at an average price of 29.40 pence each, worth GBP67,719.
Meanwhile, on Friday last week, it acquired an aggregate of 230,000 shares at 29.55p each, totalling GBP67,970.
Following these purchases, Labro held 164.4 million shares, representing over 35% holding in Chaarat.
The stock closed 5.3% lower in London on Monday at 28.80p a share.
By Evelina Grecenko; [email protected]
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