{"id":95428,"title":"Caracal Gold PLC (LON:GCAT) Update on Nairobi Securities Exchange Listing","publisher":"Share Talk","author":"sharetalk","published":"2022-04-06T09:48:25+00:00","modified":"2022-04-06T09:48:25+00:00","canonical_url":"https://www.share-talk.com/caracal-gold-plc-longcat-update-on-nairobi-securities-exchange-listing/","markdown_url":"https://www.share-talk.com/caracal-gold-plc-longcat-update-on-nairobi-securities-exchange-listing.md","json_url":"https://www.share-talk.com/caracal-gold-plc-longcat-update-on-nairobi-securities-exchange-listing.json","category":"Mining","categories":["Mining"],"tags":["Caracal Gold","East Africa","Frankfurt","GCAT","Gerard Kisbey-Green","Jason Brewer","Kenya","Kilimapesa Gold Mining","London Stock Exchange","Mayflower Capital Investments","Narok County","Papillon Holdings","Rachel Johnston","readmitted","Robbie McCrae","standard listing"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"**Caracal Gold plc,** the gold producer with operations in East Africa, is pleased to give an update on the proposed listing of the Company on the Nairobi Securities Exchange (‘NSE’).\n\nThe Company intends to list on the NSE via an introduction of the Company’s shares to the Growth Enterprise Market Segment (‘GEMS’) of the NSE (the ‘NSE Listing’).\n\nThe Company, with its advisers Faida and VSA, has made progress with the pre-listing requirements, with the only pending item being the updating of the latest consolidated accounts for Caracal Gold PLC, and the NSE Listing is expected to complete in the second quarter of 2022.\n\nFollowing the NSE Listing, the Company plans to host a breakfast introduction for high-net-worth individuals and asset managers to Caracal Gold in Nairobi as well as a planned visit to tour the Kilimapesa mining site in Lolgorian, Trans Mara, Narok County, Kenya.\n\nThe successful listing on the Nairobi Securities Exchange will make Caracal, the first gold and related minerals mining company to be listed on the NSE. The Company believes that the NSE Listing will provide Kenyan investors with the opportunity to participate in the future growth of the Company and its activities in Kenya’s mining sector. The upcoming listing will also make Caracal Gold the second only company hold a dual listing on both the NSE and LSE.\n\nChief Executive Officer of Caracal Gold Plc, Robbie McCrae, said:\n\n“The upcoming listing on the NSE is an exciting step for Caracal Gold PLC and for mining in Kenya. The support from both the Government of Kenya as well as the financial industry in Kenya has been fantastic.”\n\n**ENDS*\n\nFor further information visit [www.caracalgold.com](http://www.caracalgold.com) or contact the following:\n\nCaracal Gold plc\n\nGerard Kisbey-Green\n\nJason Brewer\n\n[info@caracalgold.com](mailto:info@caracalgold.com)"}