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REG - Chariot Limited - Director Dealings

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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                                        +44 (0) 20 7318 0450

 Adonis Pouroulis, CEO

 Julian Maurice-Williams, CFO

 Cavendish Capital Markets Limited (Nomad)              +44 (0) 20 7397 8900

 Derrick Lee
 Hannam & Partners (Bookrunner)                         +44 (0) 20 7907 8500

 Neil Passmore, Leif Powis

 Celicourt Communications (Financial PR)                +44 (0) 20 7770 6424

 Mark Antelme, Charles Denley-Myerson, Kathleen Beams

 

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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                                       Not applicable, single transaction.

           ·    Price
 e)        Date of the transaction                                      12 March 2026
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON), United Kingdom

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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