REG - Chariot Limited - Retirement of Non-Executive Director

ChariotAnnouncement

20/01/2022 16:30

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RNS Number : 1388Z  Chariot Limited  20 January 2022

 

 

 

 

 

 

 

20 January 2022

 

Chariot Limited

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

 

Retirement of Non-Executive Director

 

Chariot (AIM: CHAR), the Africa focused transitional energy company, announces
that Robert Sinclair, a Non-Executive Director who has been on the Board of
Chariot for over 14 years, will retire with immediate affect due to health
reasons.

 

George Canjar, Non-Executive Chairman, commented:

 

"I would like to thank Robert for the considerable contribution he has made to
Chariot during his years of service. He leaves the Company in a strong
position, on the back of our highly successful drilling campaign at the
Anchois gas project within the Lixus licence, offshore Morocco. On behalf of
the Chariot team, we wish him all the best for the future."

 

Adonis Pouroulis, Acting CEO of Chariot, commented:

"Having worked with Robert at Chariot for many years, I am sad to be
announcing his retirement today. He has added a considerable amount of value
to the Board since joining the Company and he leaves us on a high, following
our discoveries on the Lixus Licence earlier this month. It has been an
absolute pleasure to work with Robert over the years and I hope to see him
enjoy his retirement."

For further information please contact:

 

 Chariot Limited                                   +44 (0)20 7318 0450

 Adonis Pouroulis, Acting CEO

 Julian Maurice-Williams, CFO

 finnCap (Nominated Adviser and Joint Broker)      +44 (0)20 7220 0500

 Christopher Raggett, Simon Hicks, Edward Whiley

 Peel Hunt (Joint Broker)                          +44 (0)20 7418 8900

 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 two business
streams, Transitional Gas and Power.

 

Chariot Transitional Gas is a high value, low risk gas development project
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, looking to transform the
energy market for mining operations in Africa, providing a giant largely
untapped market with cleaner, sustainable, and more reliable power.
Additionally in September 2021, Chariot announced its partnership with the
Government of Mauritania for the potential development of a large-scale green
hydrogen project.

 

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

 

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