REG - Chariot Limited - Director's Dealings

ChariotAnnouncement

26/09/2022 10:15

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RNS Number : 6136A  Chariot Limited  26 September 2022

 

 

26 September 2022

 

Chariot Limited

("Chariot", the "Company")

 

Director's Dealings

 

On 23 September 2022 Andrew Hockey, Non-Executive Director, purchased 60,000
ordinary shares in the Company ("Ordinary Shares") at a price of 18.44p per
share. Following this purchase Andrew Hockey holds 313,246 Ordinary Shares,
representing 0.03% of the issued share capital of the Company.

 

In accordance with the Company's Non-Executive Directors' Restricted Share
Unit Plan, Andrew Hockey will receive a matching share award of 60,000 shares.
The share awards, subject to continuing office and retention of the shares
purchased on 23 September 2022, will vest in equal instalments over the next
three years on 23 September 2023, 2024 and 2025.

 

 

Enquiries

 

 Chariot Limited                                  +44 (0)20 7318 0450

 Adonis Pouroulis, CEO

 Julian Maurice-Williams, CFO

 Cenkos Securities Plc (Nomad and Joint Broker)   +44 (0)20 7397 8900

 Derrick Lee, Adam Rae

 Peel Hunt (Joint Broker)                         +44 (0) 20 7894 7000

 Richard Crichton, David McKeown

 Celicourt Communications (Financial PR)          +44 (0)20 8434 2754

 Mark Antelme, Jimmy Lea

 

NOTES FOR EDITORS:

 

About Chariot

 

Chariot is an African focused transitional energy group with three business
streams, Transitional Gas, Transitional Power and Green Hydrogen.

 

Chariot Transitional Gas is focused on a high value, low risk gas development
project offshore Morocco 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 is
looking to transform the energy market for mining operations in Africa,
providing a giant largely untapped market with cleaner, sustainable, and more
reliable power. Chariot is also partnering with Total Eren and the Government
of Mauritania on the potential development of a 10GW green hydrogen project,
Project Nour.

 

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

 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)
                                                                      £0.1844   60,000
 d)      Aggregated information:

         ·      Aggregated volume                                     Not applicable, single transaction.

         ·      Price
 e)      Date of the transaction                                      23 September 2022
 f)      Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Not applicable, single transaction.

e)

Date of the transaction

23 September 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 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  Options over Ordinary Shares.
         Identification code                                          ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06
 b)      Nature of the transaction                                    Grant of options over Ordinary Shares. In accordance with the Company's
                                                                      Non-Executive Directors' Restricted Share Unit Plan these options will vest in
                                                                      equal instalments over the next three years on 23 September 2023, 2024 and
                                                                      2025 and will remain exercisable until 25 September 2032
 c)      Price(s) and volume(s)

Price(s)  Volume(s)
                                                                      £nil      60,000
 d)      Aggregated information:

         ·      Aggregated volume                                     Not applicable, single transaction.

         ·      Price
 e)      Date of the transaction                                      26 September 2022
 f)      Place of the transaction                                     Outside a trading venue.

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Not applicable, single transaction.

e)

Date of the transaction

26 September 2022

f)

Place of the transaction

Outside a trading venue.

 

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