Chariot Limited - Director Dealings

Chariot

12/03/2026 16:00

RNS Number : 4633W

Chariot Limited

12 March 2026

 

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

 

Chariot Limited

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

 

12 March 2026

Director Dealings

 

Chariot (AIM: CHAR), the African focused energy company, announces the issuance of new Ordinary Shares pursuant to the Fundraising announced on 19 February 2026 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
Adonis Pouroulis
143,586,381
9.10%
289,089,026
10.09%
Julian Maurice-Williams
1,432,084
0.09%
1,789,226
0.06%
Duncan Wallace
2,246,008
0.14%
2,603,150
0.09%
Andrew Hockey
747,528
0.05%
1,460,989
0.05%

 

In addition, Directors will receive one warrant for every new Ordinary Share issued pursuant to the fundraising ("Warrants"). Each Warrant shall entitle the relevant warrantholder to subscribe for one Ordinary Share at an exercise price of 2.4 pence and will expire on 9 April 2029, summarised as follows:

 

Name
Number of Warrants granted pursuant to the fundraising
Adonis Pouroulis
132,275,132
Julian Maurice-Williams
357,142
Duncan Wallace
357,142
Andrew Hockey
714,285

 

Capitalised terms in this announcement shall have the same meaning as in the announcement made by the Company on 19 February 2026 unless the context requires otherwise.

 

Enquiries:

Chariot Limited
Adonis Pouroulis, CEO
Julian Maurice-Williams, CFO
+44 (0) 20 7318 0450
Cavendish Capital Markets Limited (Nomad)
Derrick Lee
+44 (0) 20 7397 8900
Hannam & Partners (Bookrunner)
Neil Passmore, Leif Powis
+44 (0) 20 7907 8500
Celicourt Communications (Financial PR)
Mark Antelme, Charles Denley-Myerson, Kathleen Beams
+44 (0) 20 7770 6424

 

NOTES FOR EDITORS:

 

About Chariot

Chariot is an Africa focused energy group with two core business streams: Upstream Oil and Gas and Renewable Power.

 

Chariot's Upstream Oil and Gas pillar is focused on building out a full value chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production opportunities as well as its ongoing exploration interests in Namibia.

 

Chariot's Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent. Chariot is also continuing to advance its green hydrogen asset, Project Nour in Mauritania.

 

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

 

This Announcement is not for publication or distribution, directly or indirectly, in or into the United States of America.  This Announcement is not an offer of securities for sale into the United States.  The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration.  No public offering of securities is being made in the United States.

 

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)
£0.014
145,502,645
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
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)
£0.014
357,142
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
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)
£0.014
357,142
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
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 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)
£0.014
714,285
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON), United Kingdom

 

 

5.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Adonis Pouroulis
6.
Reason for the Notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial notification
7.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chariot Limited
b)
LEI
21380046DOGKITYU6X54
8.
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
Warrants to subscribe for new Ordinary Shares.
Identification code
ISIN for Chariot Limited Warrants: GG00BQWPQR37
b)
Nature of the transaction
Grant of nil cost Warrants with an exercise price of £0.024 to subscribe for new Ordinary Shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.024
145,502,645
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON), United Kingdom

 

5.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Julian Maurice-Williams
6.
Reason for the Notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/Amendment
Initial notification
7.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chariot Limited
b)
LEI
21380046DOGKITYU6X54
8.
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
Warrants to subscribe for new Ordinary Shares.
Identification code
ISIN for Chariot Limited Warrants: GG00BQWPQR37
b)
Nature of the transaction
Grant of nil cost Warrants with an exercise price of £0.024 to subscribe for new Ordinary Shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.024
357,142
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON), United Kingdom

 

5.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Duncan Wallace
6.
Reason for the Notification
a)
Position/status
Technical Director
b)
Initial notification/Amendment
Initial notification
7.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chariot Limited
b)
LEI
21380046DOGKITYU6X54
8.
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
Warrants to subscribe for new Ordinary Shares.
Identification code
ISIN for Chariot Limited Warrants: GG00BQWPQR37
b)
Nature of the transaction
Grant of nil cost Warrants with an exercise price of £0.024 to subscribe for new Ordinary Shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.024
357,142
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON), United Kingdom

 

5.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Hockey
6.
Reason for the Notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification/Amendment
Initial notification
7.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Chariot Limited
b)
LEI
21380046DOGKITYU6X54
8.
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
Warrants to subscribe for new Ordinary Shares.
Identification code
ISIN for Chariot Limited Warrants: GG00BQWPQR37
b)
Nature of the transaction
Grant of nil cost Warrants with an exercise price of £0.024 to subscribe for new Ordinary Shares.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.024
714,285
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
12 March 2026
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON), United Kingdom

 

 

 

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