Chariot Limited · LSE:CHAR
Adonis Pouroulis sold 38,041,446 Chariot Limited shares (PDMR dealing notification, UK MAR art. 19)
Traded Oct 21, 2026 · Filed Oct 21, 2026
On Oct 21, 2026, Adonis Pouroulis (Chief Executive Officer) sold 38,041,446 Chariot Limited shares at GBP 0.03 for GBP 1.18M. Filed Oct 21, 2026 (PDMR dealing notification, UK MAR art. 19).
- Sold
- 38,041,446 shares
- Price
- GBP 0.03
- Value
- GBP 1.18M
- Role
- Chief Executive Officer
The filing in full
RNS Number : 9339Z
Chariot Limited
21 October 2026
A black text on a white background AI-generated content may be incorrect.
21 October 2026
Chariot Limited
("Chariot", the "Company")
Exercise of Share Awards, Total Voting Rights and Directors Dealings
Chariot Limited (AIM: CHAR), the Africa-focused energy company, announces that the Company will issue a total of 80,543,155 new ordinary shares ("New Ordinary Shares"), pursuant to the exercise by certain Directors and employees of nil cost options under the Company’s Long Term Incentive Share Scheme and Non-Executive Directors’ Restricted Share Unit Plan (“Share Schemes”).
Of the New Ordinary Shares, a proportion has been withheld and sold to an investor to meet the Company’s liability for Employers National Insurance, together with the individual’s Employees National Insurance and income tax liabilities. The New Ordinary Shares includes additional shares issued specifically to fund the Employers National Insurance liability in accordance with the rules of the Share Schemes.
Adonis Pouroulis, Andrew Hockey, Julian Maurice-Williams and Duncan Wallace will receive and retain their shares net of tax deductions, with details listed in the tables below.
The Company has applied for admission of the New Ordinary Shares to trading on AIM (“Admission”). Admission is expected to occur at 8.00 a.m. on 27 October 2026. Following Admission, the Company will have 3,026,036,063 Ordinary Shares in issue and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
| Chariot LimitedAdonis Pouroulis, CEOJulian Maurice-Williams, CFO | +44 (0)20 7318 0450 | ||
|---|---|---|---|
| Cavendish Capital Markets Limited (Nomad and Joint Broker)Derrick Lee, Hanna Leijonmarck | +44 (0)20 7397 8900 | ||
| Hannam & Partners (Joint Broker)Neil Passmore, Leif Powis | +44 (0)20 7907 8500 | ||
| Celicourt Communications(Financial PR)Mark Antelme, Kathleen Beams | +44 (0)20 7770 6424 |
NOTES FOR EDITORS:
About Chariot
Chariot is an Africa-focused energy group with two business streams: Upstream Oil and Gas and Renewable Power.
Chariot’s Upstream Oil and Gas pillar is focused on building out a full-value-chain growth business within Africa. Alongside securing a footprint in Angola, Chariot holds a diverse portfolio in Morocco and is pursuing a range of new ventures with a focus on production.
Chariot’s Renewable Power business is focused on providing competitive, sustainable and reliable energy through building, generating and trading renewable power in South Africa as well as progressing the development of its power-to-mining projects on the continent. Chariot is also continuing to work across its green hydrogen assets in Mauritania.
As recently announced, Chariot is looking to realise the value of its renewables business in order to accelerate its upstream objectives.
The ordinary shares of Chariot Limited are admitted to trading on AIM under the symbol 'CHAR'.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Adonis Pouroulis | ||
| Reason for the Notification | ||||
| a) | Position/status | Chief Executive Officer | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 | Options over Ordinary Shares | ||
| Identification code | ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Grant of options over Ordinary Shares to cover tax liabilities on exercised options. In accordance with the Company’s Non-Executive Director Restricted Share Unit Plan and Long Term Incentive Share Scheme these options will vest and be exercised immediately.. | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £Nil | 6,513,595 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Adonis Pouroulis | ||
| Reason for the Notification | ||||
| a) | Position/status | Chief Executive Officer | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Exercise of nil cost share options | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 23,144,975 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |||||
|---|---|---|---|---|---|
| a) | Name | Adonis Pouroulis | |||
| Reason for the Notification | |||||
| a) | Position/status | Chief Executive Officer | |||
| b) | Initial notification/Amendment | Initial notification | |||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Chariot Limited | |||
| b) | LEI | 21380046DOGKITYU6X54 | |||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | Total | |||
| £0.031 | 14,280,450 | £442,693.95 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | |||
| e) | Date of the transaction | 21 October 2026 | |||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Julian Maurice-Williams | ||
| Reason for the Notification | ||||
| a) | Position/status | Chief Financial Officer | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 | Options over Ordinary Shares | ||
| Identification code | ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Grant of options over Ordinary Shares to cover tax liabilities on exercised options. In accordance with the Company’s Long Term Incentive Share Scheme these options will vest and be exercised immediately. | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 5,388,197 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Julian Maurice-Williams | ||
| Reason for the Notification | ||||
| a) | Position/status | Chief Financial Officer | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Exercise of nil cost share options | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 19,038,308 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |||||
|---|---|---|---|---|---|
| a) | Name | Julian Maurice-Williams | |||
| Reason for the Notification | |||||
| a) | Position/status | Chief Financial Officer | |||
| b) | Initial notification/Amendment | Initial notification | |||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Chariot Limited | |||
| b) | LEI | 21380046DOGKITYU6X54 | |||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | Total | |||
| £0.031 | 11,803,751 | £365,916.28 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | |||
| e) | Date of the transaction | 21 October 2026 | |||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Duncan Wallace | ||
| Reason for the Notification | ||||
| a) | Position/status | Technical Director | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 | Options over Ordinary Shares | ||
| Identification code | ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Grant of options over Ordinary Shares to cover tax liabilities on exercised options. In accordance with the Company’s Long Term Incentive Share Scheme these options will vest and be exercised immediately. | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 4,951,720 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Duncan Wallace | ||
| Reason for the Notification | ||||
| a) | Position/status | Technical Director | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Exercise of nil cost share options | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 17,496,088 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |||||
|---|---|---|---|---|---|
| a) | Name | Duncan Wallace | |||
| Reason for the Notification | |||||
| a) | Position/status | Technical Director | |||
| b) | Initial notification/Amendment | Initial notification | |||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Chariot Limited | |||
| b) | LEI | 21380046DOGKITYU6X54 | |||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | Total | |||
| £0.031 | 10,847,575 | £336,274.83 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | |||
| e) | Date of the transaction | 21 October 2026 | |||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Andrew Hockey | ||
| Reason for the Notification | ||||
| a) | Position/status | Non-Executive Chairman | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 | Options over Ordinary Shares | ||
| Identification code | ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Grant of options over Ordinary Shares to cover tax liabilities on exercised options. In accordance with the Company’s Non-Executive Directors’ Restricted Share Unit Plan these options will vest and be exercised immediately. | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 500,208 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | ||||
|---|---|---|---|---|
| a) | Name | Andrew Hockey | ||
| Reason for the Notification | ||||
| a) | Position/status | Non-Executive Chairman | ||
| b) | Initial notification/Amendment | Initial notification | ||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Chariot Limited | ||
| b) | LEI | 21380046DOGKITYU6X54 | ||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | |||
| b) | Nature of the transaction | Exercise of nil cost share options | ||
| c) | Price(s) and volume(s) | |||
| Price | Volume | |||
| £nil | 1,822,117 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | ||
| e) | Date of the transaction | 21 October 2026 | ||
| f) | Place of the transaction | Outside a trading venue |
| Details of the person discharging managerial responsibilities / person closely associated | |||||
|---|---|---|---|---|---|
| a) | Name | Andrew Hockey | |||
| Reason for the Notification | |||||
| a) | Position/status | Non-Executive Chairman | |||
| b) | Initial notification/Amendment | Initial notification | |||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Chariot Limited | |||
| b) | LEI | 21380046DOGKITYU6X54 | |||
| 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 Limited Ordinary Shares: GG00B2R9PM06 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price | Volume | Total | |||
| £0.031 | 1,109,670 | £34,399.77 | |||
| d) | Aggregated information:- Aggregated volume- Price | Not applicable, single transaction. | |||
| e) | Date of the transaction | 21 October 2026 | |||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
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 [\[email protected\]](https://6ix-events-pro.s3.us-east-1.amazonaws.com/cdn-cgi/l/email-protection#ff8d918cbf938c9a98d19c9092) or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHZFLFLQBLZFBE
| Date | Security | Transaction | Shares | Price | Holding after | Ownership |
|---|---|---|---|---|---|---|
| Oct 21, 2026 | Ordinary Shares | Sale | 14,280,450 | GBP 0.03 | ||
| Oct 21, 2026 | Ordinary Shares | Sale | 11,803,751 | GBP 0.03 | ||
| Oct 21, 2026 | Ordinary Shares | Sale | 10,847,575 | GBP 0.03 | ||
| Oct 21, 2026 | Ordinary Shares | Sale | 1,109,670 | GBP 0.03 |
Source
Download original · View original at FCA