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AIM:CGH

Chaarat Gold Holdings Ltd

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Market:
AIM
Market Cap:
£196.71 m
Price
37.50 GBX
Change
-3.23%
52 weeks high
41.00
52 weeks low
19.18

Our vision and strategy

Vision: Chaarat’s vision is to become a leading FSU low cost gold producer with a sound organic growth strategy supported by selective M&A, in an environmentally and socially sustainable manner.

Strategy: Chaarat’s medium-term strategy for achieving this vision is built around three core pillars:

Organic Growth

Complete the Tulkubash gold project on time, on specification and on budget

Execute a comprehensive exploration campaign across Chaarat’s existing licences to identify additional Reserves & Resources

Stabilise and incrementally enhance Kapan’s cashflows through the delivery of productivity improvements and rigorous cost management

Selective and Transformational M&A

Pursue value accretive M&A to secure transformational and add-on deals to achieve growth

Management Alignment with Shareholders

Incentivise Chaarat’s management to find the best funding options for the company and minimise dilution for shareholders

Kyrgz Republic & Republic of Armenia.

Senior Management

Martin Andersson, Executive Chairman
Appointed October 2016


• Extensive business experience across the CIS region
• Company's largest shareholder and since becoming Chairman, has reset the strategy under a new management team

Artem Volynets – CEO
Appointed March 2018


• An experienced mining industry investor and manager with transactions record worth more than US$30bn
• Over 20 years’ experience in M&A, capital markets, and senior corporate management roles

Chris Eger – CFO
Appointed July 2018


• Extensive financial, M&A and commercial expertise related to the Metals & Mining sector gained over a 20-year career in investment banking, metals trading and private equity
• Previously CFO of Nyrstar NV

Robert Benbow – COO
Appointed July 2017


• + 40 years’ experience developing green field projects
• Responsible for development of Alacer’s Çöpler heap leach project in Turkey

Vladimir Shvetsov - Vice President for Geology and Exploration
Appointed February 2020

 

Dmitry Yudin – Head of Strategy & Business Development
Appointed July 2018


• Over 25 years of strategy, M&A, investment banking and capital markets experience in metals, mining & energy
• Successful track record of high-profile public and private market transactions

Vyacheslav Pilipenko - Vice President for Government Relations and Security
Appointed February 2020

Frances Robinson - Company Secretary
Appointed January 2020

CORPORATE ENQUIRIES
Switchboard: +44 (0) 20 7499 2612
E-mail: [email protected]

KYRGYZ ENQUIRIES
“Chaarat Zaav” CJSC
10th floor, Victory Business Centre
103 Ibraimov Street, Bishkek
Kyrgyz Republic 720011
Switchboard: +996 312 976100
E-mail: [email protected]

ARMENIAN ENQUIRIES
“Chaarat Kapan” CJSC
4, Gortsaranayin Street, Kapan
Syunik Region 3302, Republic of Armenia
Switchboard: +374 285 59215
E-mail: [email protected]

NOMINATED ADVISOR AND BROKER

Numis Securities Ltd
The London Stock Exchange Building
10 Paternoster Square
London EC4M 7LT

John Prior / James Black
Tel: + 44 (0) 7260 1000

Research Reports: Jonathan Guy

PRINCIPAL BANKERS

HSBC Bankplc
70 Pall Mall
London SW1Y 5EZ

AUDITORS

BDO LLP
55 Baker Street
London W1U 7EU

ENGLISH LAW SOLICITORS

Macfarlanes
20 Cursitor Street
London
EC4A 1LT

KYRGYZ LAW SOLICITORS

Kalikova & Associates
71 Erkindik Boulevard, Bishkek
720040
Kyrgyz Republic

COMPANY SECRETARIAL AS TO BVI LAW

TMF Group Limited
PO Box 438
Road Town, Tortola
British Virgin Islands

REGISTRARS

Link Market Services (Guernsey) Limited
The Registry
34 Beckenham Road
Beckenham
Kent
BR3 4TU

[email protected]

Call 0871 664 0300 from within the UK. Calls cost 12p per minute plus your phone company’s access charge.

If you are calling from overseas please dial +44 (0) 371 664 0300. Calls will be charged at the applicable international rate.

We are open between 09:00 – 17:30, Monday to Friday excluding public holidays in England and Wales.

DEPOSITARY

Link Market Services Trustees Limited
The Registry
34 Beckenham Road
Beckenham
Kent, BR3 4TU

Email: [email protected]
For the attention of Stuart Clark

Click here for information on significant shareholders.