REG - Chariot Oil & Gas Ld - Director's Dealings
RNS Number : 5572ZChariot Oil & Gas Ld20 May 2019
20 May 2019
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Director's Dealings
On 20 May 2019 Chris Zeal, a Non-Executive Director, purchased 198,023 ordinary shares in the Company ("Ordinary Shares") at a price of 5.0499p per share. Following this purchase Chris Zeal holds 198,023 Ordinary Shares, representing 0.05% of the issued share capital of the Company.
In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Chris Zeal will receive a matching share award of 198,023 shares. These shares will vest in equal instalments over the next three years on 20 May 2020, 2021 and 2022 provided that Chris Zeal retains all of the shares purchased on 20 May 2019.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
For further information please contact:
Chariot Oil & Gas Limited
Larry Bottomley, CEO
+44 (0)20 7318 0450
finnCap (Nominated Adviser and Broker)
Matt Goode, Christopher Raggett, Anthony Adams (Corporate Finance) Andrew Burdis (ECM)
+44 (0)20 7220 0500
Celicourt Communications (Financial PR)
Jimmy Lea
+44 (0)207 520 9261
NOTES TO EDITORS
ABOUT CHARIOT
Chariot Oil & Gas Limited is an independent oil and gas company focused on the Atlantic margins. It holds exploration licences covering two blocks in Namibia, three blocks in Morocco and four blocks in the Barreirinhas Basin offshore Brazil.
The ordinary shares of Chariot Oil & Gas Limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Christopher Zeal
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 Oil & Gas 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 Oil & Gas Limited Ordinary Shares: GG00B2R9PM06
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.050499
198,023
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
20 May 2019
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Christopher Zeal
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 Oil & Gas 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
Option over Ordinary Shares.
Identification code
ISIN for Chariot Oil & Gas Limited Ordinary Shares: GG00B2R9PM06
b)
Nature of the transaction
Grant of option over Ordinary Shares. In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan this option will vest in equal instalments over the next three years on 20 May 2020, 2021 and 2022 provided that Christopher Zeal retains all of the shares purchased on 20 May 2019.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£nil
198,023
d)
Aggregated information:
· Aggregated volume
· Price
Not applicable, single transaction.
e)
Date of the transaction
20 May 2019
f)
Place of the transaction
Outside a trading venue.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHEANSEALENEEF
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