CHARIOT LIMITED

Director's Dealing • Sep 26, 2022

National Storage Mechanism | Additional information

RNS Number : 6136A

Chariot Limited

26 September 2022

26 September 2022

Chariot Limited

("Chariot", the "Company")

Director's Dealings

On 23 September 2022 Andrew Hockey, Non-Executive Director, purchased 60,000 ordinary shares in the Company ("Ordinary Shares") at a price of 18.44p per share. Following this purchase Andrew Hockey holds 313,246 Ordinary Shares, representing 0.03% of the issued share capital of the Company.

In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Andrew Hockey will receive a matching share award of 60,000 shares. The share awards, subject to continuing office and retention of the shares purchased on 23 September 2022, will vest in equal instalments over the next three years on 23 September 2023, 2024 and 2025.

Enquiries

Chariot Limited Adonis Pouroulis, CEO Julian Maurice-Williams, CFO	+44 (0)20 7318 0450
Cenkos Securities Plc (Nomad and Joint Broker) Derrick Lee, Adam Rae	+44 (0)20 7397 8900
Peel Hunt (Joint Broker) Richard Crichton, David McKeown	+44 (0) 20 7894 7000
Celicourt Communications (Financial PR) Mark Antelme, Jimmy Lea	+44 (0)20 8434 2754

NOTES FOR EDITORS:

About Chariot

Chariot is an African focused transitional energy group with three business streams, Transitional Gas, Transitional Power and Green Hydrogen.

Chariot Transitional Gas is focused on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power is looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power. Chariot is also partnering with Total Eren and the Government of Mauritania on the potential development of a 10GW green hydrogen project, Project Nour.

The ordinary shares of Chariot Limited are admitted to trading on the AIM under the symbol 'CHAR'. 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Hockey

2.  

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chariot Limited

b)

LEI

21380046DOGKITYU6X54

4.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares.

Identification code

ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06

b)

Nature of the transaction

Purchase of Ordinary Shares.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.1844	60,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

23 September 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Hockey

2.  

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chariot Limited

b)

LEI

21380046DOGKITYU6X54

4.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Options over Ordinary Shares.

Identification code

ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06

b)

Nature of the transaction

Grant of options over Ordinary Shares. In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan these options will vest in equal instalments over the next three years on 23 September 2023, 2024 and 2025 and will remain exercisable until 25 September 2032

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£nil	60,000

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

26 September 2022

f)

Place of the transaction

Outside a trading venue.

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