REG - Chariot Oil & Gas Ld - Update re placing shares <Origin Href="QuoteRef">CHARC.L</Origin>
RNS Number : 4622QChariot Oil & Gas Ld01 September 20141st September 2014
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Update re. Admission of Placing Shares
Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, is pleased to announce that further to the announcement on 29 August 2014 regarding the Admission of Placing Shares, the cash payment for the 5,859,604 Placing Shares issued and allotted to Westward Investments Limited, a company which is owned by a discretionary trust of which Adonis Pouroulis is one of a number of beneficiaries, has been received.
For further information please contact:
Chariot Oil & Gas Limited
Larry Bottomley, CEO
+44 (0)20 7318 0450
finnCap (Nominated Adviser and Joint Bookrunner)
Matt Goode, Christopher Raggett
+44 (0)20 7220 0500
GMP Securities Europe (Joint Bookrunner)
Rob Collins, Emily Morris
+44 (0)20 7647 2835
Ladenburg Thalmann & Co. Inc. (US Placing Agents)
Jim Hansen
+1 713 353 8914
Jefferies International Limited (Joint Broker)
Chris Zeal, Max Jones
+44 (0)20 7029 8000
EMC2 Advisory
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 six blocks in Namibia, one block in Mauritania, three 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 RNSThe company news service from the London Stock ExchangeENDIOELIFIRARILIIS
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