27th Sep 2019 10:35
(Alliance News) - Chaarat Gold Holdings Ltd on Friday said Labro Investments Ltd, an entity closely associated with the Chair Martin Andersson, acquired shares in the AIM-quoted mining company.
In a series of transactions on Wednesday and Thursday, Labro purchased 382,541 shares at an average price of 36.25, worth GBP138,040.
Earlier in the week, on Monday, Labro purchased 555,150 shares at an average price of 34.61p each, worth GBP192,123, while on Tuesday, Labro bought 540,000 shares in three transactions at an average price of 35.83p each, worth GBP193,480.
Following these purchases Labro held 144.0 million shares, representing a 33% stake.
Chaarat shares were untraded on Friday in London, last closing at 36.42p each.
By Evelina Grecenko; [email protected]
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