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On 04 April 2024, Gunsynd plc announced it disposed of holdings in three investee companies. Gunsynd sold 447,458 shares in Charger Metals NL for approximately AUD$61,833 (£32,040), 1,783,002 shares in Pacific Nickel Mines Limited for approximately AUD$143,441 (£74,320), and 7,065,812 shares in Rincon Resources Limited for approximately AUD$248,361 (£128,685). Following these disposals, Gunsynd's resultant shareholdings are 1.1% in Charger, 0.2% in Pacific Nickel, and 1.8% in Rincon.
| Date | 4 Apr 2024 |
| Time | 07:00:08 |
| Category | Disposals |
| ID | 2417J |
4 April 2024
Gunsynd plc
("Gunsynd" or the "Company")
Disposal of Shares in Investee Companies
Gunsynd Plc (AIM: GUN, AQSE: GUN) announces that it has disposed of holdings in some of its investee companies being Charger Metals NL ("Charger") (ASX: CHR); Pacific Nickel Mines Limited ("Pacific Nickel") (ASX: PNM); and Rincon Resources Limited (" Rincon") (ASX: RCR) which are set out below:
|
Investee company |
Number of shares sold |
Average price per share (approximately) |
Total proceeds* |
Resultant shareholding |
Approximate resultant shareholding % |
|
Charger |
447,458 |
AUD$0.14 |
AUD$61,833 (approximately £32,040) |
852,542 |
1.1% |
|
Pacific Nickel |
1,783,002 |
AUD$0.08 |
AUD$143,441 (approximately £74,320) |
996,838 |
0.2% |
|
Rincon |
7,065,812 |
AUD$0.04 |
AUD$248,361 (approximately £128,685) |
4,000,000 |
1.8% |
*GBP figures based on exchange rate at market close 2 April 2024
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information please contact:
|
Gunsynd plc Hamish Harris/ Peter Ruse
|
+44 (0) 78 7958 4153 |
|
Cairn Financial Advisers LLP James Caithie / Liam Murray |
+44 (0) 20 7213 0880
|
|
Peterhouse Capital Limited Lucy Williams |
+44 (0) 20 7469 0936
|