REG - Chariot Oil & Gas Ld - Grant of Deferred Share Awards <Origin Href="QuoteRef">CHARC.L</Origin>

ChariotAnnouncement

28/06/2016 14:05

RNS Number : 4117C
Chariot Oil & Gas Ld
28 June 2016
28 June 2016
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Grant of Deferred Share Awards 
In line with best practice corporate governance for AIM companies, Chariot aims to reward its executive team by aligning total remuneration packages with the achievement of appropriate short and long term corporate goals. 
As a result on 28 June 2016, under the Executive Director's 2015 annual bonus scheme, Larry Bottomley was granted a deferred share award in the form of a nil cost option over 1,564,286 shares under the Company's Long Term Incentive Share Scheme. Subject to his continued employment, this deferred share award will vest on 1 January 2019 and will remain exercisable until 27 June 2026. 
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
+44 (0)20 7220 0500
Peel Hunt (Joint Broker)
Richard Crichton, Ross Allister
+44 (0)20 7418 8900
EMC2 Advisory (Media Contact)
Natalia Erikssen 
+44 (0)78 0944 0929 
NOTES TO EDITORS
About Chariot
Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering four blocks in Namibia, two blocks in Morocco and four licences in the Barreirinhas Basin offshore Brazil. All of these blocks are currently in the exploration phase. 
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'.

This information is provided by RNS
The company news service from the London Stock Exchange
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