CHARIOT LIMITED — Director's Dealing 2015

Jul 21, 2015

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RNS Number : 5781T

Chariot Oil & Gas Ld

21 July 2015

21 July 2015

Chariot Oil & Gas Limited

("Chariot", the "Company" or the "Group")

Directors' Dealings

On 20 July 2015 the following Non-Executive Directors purchased ordinary shares in the Company ("Ordinary Shares") at a price of 8.5p per Ordinary Share.  The number of Ordinary Shares purchased and the Non-Executive Directors' resultant interests in the Company is as follows:

Director	Ordinary Shares purchased	Resultant number of Ordinary Shares held	Percentage of issued share capital
George Canjar	75,060	291,573	0.11
David Bodecott	58,528	58,528	0.02

In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Mr. Canjar and Mr. Bodecott will receive matching awards of 75,060 and 58,528 Ordinary Shares respectively. These awards of Ordinary Shares will vest in equal instalments over the next three years on 20 July 2016, 2017 and 2018 provided that Mr. Canjar and Mr. Bodecott retain all of the Ordinary Shares purchased on 20 July 2015.

For further information please contact:
Chariot Oil & Gas Limited Larry Bottomley, CEO	+44 (0)20 7318 0450
GMP Securities (Joint Broker) Rob Collins, Emily Morris	+44 (0)20 7647 2835
Jefferies International Limited (Joint Broker) Chris Zeal, Max Jones	+44 (0)20 7029 8000
finnCap (Nominated Adviser) Matt Goode, Christopher Raggett	+44 (0)20 7220 0500
EMC2 Advisory Natalia Erikssen	+44 (0)78 0944 0929

NOTES TO EDITORS

About Chariot

Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering four blocks in Namibia, one block in Mauritania, three blocks in Morocco and four licences in the Barreirinhas Basin offshore Brazil. All of these blocks are currently in the exploration phase.

The ordinary shares of Chariot Oil & Gas Limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'.

This information is provided by RNS

The company news service from the London Stock Exchange

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