Chaarat Gold Holdings Ltd
(AIM:CGH)
(“Chaarat” or “the Company”)
RECLASSIFICATION OF SHAREHOLDING
Road Town, Tortola, British Virgin Islands, 24 December 2009
For filings with the FSA include the
annex
For filings with issuer exclude the
annex
+-----------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+-----------------------------------------------------------------------------------+
+---------------------------------------------+-------------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer |Chaarat Gold Holdings Ltd Ord USD0.01|
|of existing shares to which voting rights are| (SEDOL B24FXV6) |
|attached: ii | |
+---------------------------------------------+-------------------------------------+
|2 Reason for the notification(please tick the appropriate box or boxes): |
+---------------------------------------------------------------------------------+-+
|An acquisition or disposal of voting rights | |
+---------------------------------------------------------------------------------+-+
|An acquisition or disposal of qualifying financial instruments which may result | |
|in the acquisition of shares already issued to which voting rights are attached | |
+---------------------------------------------------------------------------------+-+
|An acquisition or disposal of instruments with similar economic effect to | |
|qualifying financial instruments | |
+---------------------------------------------------------------------------------+-+
|An event changing the breakdown of voting rights | |
+---------------------------------------------------------------------------------+-+
|Other (please specify): Reclassification of clients accounts |X|
+--------------------------------------+------------------------------------------+-+
|3. Full name of person(s) subject to | |
|the | Cazenove Capital Management Limited |
|notification obligation: iii | |
+--------------------------------------+--------------------------------------------+
|4. Full name of shareholder(s) | N/A |
|(if different from 3.):iv | |
+--------------------------------------+--------------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | N/A |
|reached: v | |
+--------------------------------------+--------------------------------------------+
|6. Date on which issuer notified: | 22/12/09 |
+--------------------------------------+--------------------------------------------+
|7. Threshold(s) that is/are crossed or| 6% |
|reached:vi, vii | |
+--------------------------------------+--------------------------------------------+
+-----------------------------------------------------------------------------------+
|8. Notified details: |
+-----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+-----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+-----------+----------+--------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of voting |
|using |of |of |of shares |rights |rightsx |
|the ISIN | ares |V ting +----------+--------+-----------+------+--------+
|CODE | |Rights |Direct |Directxi|Indirectxii|Direct|Indirect|
+------------+----------+-----------+----------+--------+-----------+------+--------+
|VGG203461055| | | | | | | |
| |16,699,300|16,699,300 |7,474,300 | |7,474,300 | |6.62% |
|Ordinary | | | | | | | |
+------------+----------+-----------+----------+--------+-----------+------+--------+
+-----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+---------------------+---------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |datexiii |Conversion Periodxiv |rights that may be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
+--------------+----------+---------------------+---------------------+-------------+
|N/A |N/A |N/A |N/A |N/A |
+--------------+----------+---------------------+---------------------+-------------+
+-----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instrumentsxv, xvi |
+-----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+---------+----------+-----------+---------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |datexvii |Conversion |rights instrument |rightsxix, xx |
|instrument | | |periodxviii|refers to | |
| | | | | | |
+-------------+---------+----------+-----------+---------------------+-------+------+
| | | | |N/A |Nominal|Delta |
|N/A |N/A |N/A |N/A | +-------+------+
| | | | | |N/A |N/A |
+-------------+---------+----------+-----------+---------------------+-------+------+
+-----------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+----------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+----------------------------------------------+
|7,474,300 |6.62% |
+------------------------------------+----------------------------------------------+
+--------------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable:xxi |
+--------------------------------------------------------------------------------+
| N/A |
+--------------------------------------------------------------------------------+
+--------------------------------------------------------------------------------+
| Proxy Voting: |
+-----------------------------------------------------+--------------------------+
| 10. Name of the proxy holder: | N/A |
+-----------------------------------------------------+--------------------------+
| 11. Number of voting rights proxy holder will cease | N/A |
| to hold: | |
+-----------------------------------------------------+--------------------------+
| 12. Date on which proxy holder will cease to hold | N/A |
| voting rights: | |
+-----------------------------------------------------+--------------------------+
+-------------------------------+------------------------------------------------+
| | |
| 13. Additional information: | N/A |
+-------------------------------+------------------------------------------------+
| 14. Contact name: | Linda Naylor |
+-------------------------------+------------------------------------------------+
| 15. Contact telephone number: | 0207 499 2612 |
+-------------------------------+------------------------------------------------+
[HUG#1367681]