7th Jan 2019 12:12
LONDON (Alliance News) - Chaarat Gold Holdings Ltd said Monday that Labro Investments Ltd had increased its stake in the exploration and development company to 34% after a series of transactions between Thursday and Friday.
Chaarat Chairman Martin Andersson is indirectly beneficially interested in the majority of Labro shares.
Labro acquired 200,000 shares in Chaarat Gold at an aggregate price of 27.80 pence on Thursday and a further 150,000 shares at an aggregate price of 28.29p on Friday.
Following the deal, Labro held 133.5 million shares in Chaarat Gold.
Shares in Chaarat Gold were down 0.7% at 27.80p on Monday.
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