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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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