Published: 13:28 CEST 03-08-2011 /Thomson Reuters /Source: Chaarat Gold Holdings Ltd /XLON: CGH /ISIN: VGG203461055
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii
Chaarat Gold Holdings Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
X
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):
3. Full name of person(s) subject to thenotification obligation: iii
TT International
4. Full name of shareholder(s) (if different from 3..):iv
N/A
5. Date of the transaction and date onwhich the threshold is crossed orreached: v
10 May 2011
6. Date on which issuer notified:
3 August 2011
7. Threshold(s) that is/are crossed orreached: vi, vii
Going below 5%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type ofshares
if possible usingthe ISIN CODE
Situation previousto the triggeringtransaction
Resulting situation after the triggering transaction
NumberofShares
NumberofVotingRights
Numberof shares
Number of votingrights
% of voting rights x
Direct
Direct xi
Indirect xii
Indirect
Ord. Shares
VGG203461055
13,000,759
11,878,927
4.74%
B: Qualifying Financial Instruments
Type of financialinstrument
Expirationdate xiii
Exercise/ Conversion Period xiv
Number of votingrights that may beacquired if theinstrument isexercised/ converted.
% of votingrights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Exercise price
Expiration date xvii
Exercise/Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will ceaseto hold:
12. Date on which proxy holder will cease to holdvoting rights:
13. Additional information:
On 10 May 2011, an underlying investor with voting rights sold 1,121,832 shares to an underlying investor with-out voting rights hence there was no change to TT International's overall number of shares but there was a change to the number of voting rights.
14. Contact name:
Sebastian Colquhoun
15. Contact telephone number:
+ 44 20 7509 1264
Further information about the Company:
Chaarat Gold Holdings Limited c/o Central Asia Services Limited
+44 (0) 20 7499 2612dekel@chaarat.comlinda.naylor@chaarat.com
Westhouse Securities Limited Tim FeatherRichard Baty
+44 (0) 20 7601 6100tim.feather@westhousesecurities.comrichard.baty@westhousesecurities.com
Bankside Consultants Simon Rothschild
+44 (0) 20 7367 8888simon.rothschild@bankside.com
Chaarat Gold is a gold development stage company based in Switzerland.
Chaarat Gold holds various exploration projects in Kyrgyzstan.
Its main exploration properties are MINTEKE, KASHKASU, KIZILTASH (CHAARAT MAIN) and TULKUBASH in Kyrgyzstan.