REG - Chariot Limited - Response to Media Reports

ChariotAnnouncement

21/11/2022 07:45

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RNS Number : 9864G  Chariot Limited  21 November 2022

 

 

 

21 November 2022

 

Chariot Limited

("Chariot" or the "Company")

 

Response to Media Reports

 

Chariot Limited, the Africa focused transitional energy group, notes recent
media reports on a workshop held recently between the Company and
representatives of various ministries and institutions of the Government of
Morocco regarding the roadmap for the development of the Anchois gas field,
offshore Morocco. The workshop was held as a closed meeting. The information
therefore contained in the media reports solely represents the views of the
authors.

 

Chariot will keep the market updated as development plans continue to
progress, but, as previously disclosed, the Company confirms the project
remains on track and that all parties are working collaboratively to ensure
the timely delivery of the Anchois development, a significant project for
Morocco, for the benefit of all stakeholders.

 

Enquiries

 

 Chariot Limited

 Adonis Pouroulis, CEO                           +44 (0)20 7318 0450

 Julian Maurice-Williams, CFO
 Cenkos Securities Plc (Nomad and Joint Broker)  +44 (0)20 7397 8900

 Derrick Lee, Adam Rae (Corporate Finance)

 Peel Hunt LLP (Joint Broker)

 Richard Crichton, David McKeown                 +44 (0) 20 7894 7000

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

 Mark Antelme, Jimmy Lea

NOTES FOR EDITORS:

 

About Chariot

 

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

 

Chariot Transitional Gas is 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 in
Southern Africa, providing a giant largely untapped market with cleaner,
sustainable, and more reliable power.

 

Chariot Green Hydrogen is partnering with Total Eren and the Government of
Mauritania on the potential development of a 10GW green hydrogen project,
Project Nour. Further large-scale green hydrogen opportunities are also being
evaluated.

 

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

 

 

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