23rd Oct 2014 09:11
LONDON (Alliance News) - Chaarat Gold Holdings Limited Thursday said Executive Director Alexander Novak transferred 1.7 million shares at no cost to his wife following a divorce settlement Wednesday.
Following this transaction, Novak holds 10.7 million shares, which represents 4.27% stake in the firm.
Shares were up 7.4% at 14.50 pence Thursday, making the transfer worth GBP246,500.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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