REG - Chariot Oil & Gas Ld - Block Admission Application and Return

ChariotAnnouncement

01/06/2018 15:00

RNS Number : 8204P
Chariot Oil & Gas Ld
01 June 2018
 


 
1 June 2018
 
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Block Admission Application and Return
The Company announces that application has been made for the Block Admission of 4,000,000 ordinary shares of 1p each in the capital of the Company ("New Ordinary Shares" and "Ordinary Shares"), ranking pari passu with the Company's existing Ordinary Shares. These New Ordinary Shares may be issued from time to time pursuant to the Company's Long Term Incentive Share Scheme.
It is expected that admission will become effective in the New Ordinary Shares on 6 June 2018 ("Admission").
The Company makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements:




Name of Company


Chariot Oil & Gas Limited




Name of Scheme


Long Term Incentive Share Scheme




Period of Return (from/ to)


1 December 2017 - 31 May 2018




Number and class of securities not issued at the start of the period under the scheme


275,195 Ordinary Shares of 1p each




Number of securities issued under the scheme during the period


Nil Ordinary Shares of 1p each




Balance under the scheme of securities not yet issued at the end of the period


275,195 Ordinary Shares of 1p each




Number and class of securities originally admitted and the date of admission


2,000,000 Ordinary Shares of 1p each admitted on 30 December 2010
2,300,000 Ordinary Shares of 1p each admitted on 2 October 2013
3,000,000 Ordinary Shares of 1p each admitted on 10 October 2014
4,000,000 Ordinary Shares of 1p each admitted on 31 May 2016




 
As at 31 May 2018 the Company has an issued share capital of 365,367,898 Ordinary Shares each with voting rights. The Company does not hold any shares in treasury.




 
For further information please contact:
 
Chariot Oil & Gas Limited
Larry Bottomley, CEO
 


 
 
 
+44 (0)20 7318 0450




finnCap (Nominated Adviser and Joint Broker)
Matt Goode, Christopher Raggett (Corporate Finance)
Emily Morris (Corporate Broking)
 


+44 (0)20 7220 0500




Celicourt Communications (Financial PR)
Henry Lerwill


+44 (0)20 7520 9261














 
 
 




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