Investegate |Chaarat Gold Hlgs Ld Announcements | Chaarat Gold Hlgs Ld: Grant of waiver
• 284,503,769 Ordinary Shares representing approximately 41.44 per cent of Chaarat's issued share capital; and • Loan Notes for US$1,000,000 (the "LoanNotes") convertible into 2,849,330 Ordinary Shares assuming full conversion of principal and interest to maturity. There is a provision in the Company's Articles of Association (the "Articles") (Article 19) which states that the Board has the right to require any holder of more than 20% of the Ordinary Shares to make a mandatory offer to all the Compan...