CHARIOT LIMITED

Share Issue/Capital Change • Dec 15, 2021

National Storage Mechanism | Additional information

RNS Number : 6596V

Chariot Limited

15 December 2021

15 December 2021

Chariot Limited 

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

Directors' Dealings

Chariot (AIM: CHAR), the African focused transitional energy company, announces the issuance of new Ordinary Shares pursuant to the Fundraising announced on 2 December 2021 to the following Directors:

Name	Number of Ordinary Shares prior to the Fundraising	% of Issued Share Capital prior to the Fundraising	Number of Ordinary Shares following the Fundraising	% of Issued Share Capital following the Fundraising
George Canjar	2,032,276	0.32%	2,352,104	0.31%
Adonis Pouroulis	69,857,189	10.97%	85,243,102	11.54%
Julian Maurice-Williams	363,636	0.06%	435,064	0.06%
Duncan Wallace	363,636	0.06%	506,493	0.07%
Andrew Hockey	181,818	0.03%	253,246	0.03%

Capitalised terms in this announcement shall have the same meaning ascribed in the announcement made on 2 December 2021 unless the context requires otherwise.

Enquiries:

Chariot Limited Adonis Pouroulis, Acting CEO Julian Maurice-Williams, CFO	+44 (0)20 7318 0450
finnCap (Nominated Adviser) Christopher Raggett, Simon Hicks, Edward Whiley	+44 (0)20 7220 0500
Cenkos Securities Plc (Bookrunner) Derrick Lee, Neil McDonald, Adam Rae (Corporate Finance) Leif Powis (ECM)	+44 (0)20 7397 8900
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 two business streams, Transitional Gas and Power.

Chariot Transitional Gas is a high value, low risk gas development project 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, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power. Additionally in September 2021, Chariot announced its partnership with the Government of Mauritania for the potential development of a large-scale green hydrogen project.

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

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014, as retained in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018.

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

George Canjar

2.  

Reason for the Notification

a)

Position/status

Non-Executive Chairman

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)
£0.07	319,828

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON), United Kingdom

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Adonis Pouroulis

2.  

Reason for the Notification

a)

Position/status

Chief Executive Officer

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)
£0.07	15,385,913

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON), United Kingdom

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Julian Maurice-Williams

2.  

Reason for the Notification

a)

Position/status

Chief Financial Officer

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)
£0.07	71,428

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON), United Kingdom

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Duncan Wallace

2.  

Reason for the Notification

a)

Position/status

Technical 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)
£0.07	142,857

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON), United Kingdom

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)
£0.07	71,428

d)

Aggregated information:

·      Aggregated volume

·      Price

Not applicable, single transaction.

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON), United Kingdom

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