26 September 2022
Chariot Limited
("Chariot", the "Company")
Director's Dealings
On 23 September 2022 Andrew Hockey, Non-Executive Director, purchased 60,000 ordinary shares in the Company ("Ordinary Shares") at a price of 18.44p per share. Following this purchase Andrew Hockey holds 313,246 Ordinary Shares, representing 0.03% of the issued share capital of the Company.
In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Andrew Hockey will receive a matching share award of 60,000 shares. The share awards, subject to continuing office and retention of the shares purchased on 23 September 2022, will vest in equal instalments over the next three years on 23 September 2023, 2024 and 2025.
Enquiries
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Chariot Limited Adonis Pouroulis, CEO Julian Maurice-Williams, CFO |
+44 (0)20 7318 0450 |
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Cenkos Securities Plc (Nomad and Joint Broker) Derrick Lee, Adam Rae |
+ 44 (0)20 7397 8900 |
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Peel Hunt (Joint Broker) Richard Crichton, David McKeown |
+44 (0) 20 7894 7000 |
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Celicourt Communications (Financial PR) Mark Antelme, Jimmy Lea |
+44 (0)20 8434 2754 |
NOTES FOR EDITORS:
About Chariot
Chariot is an African focused transitional energy group with three business streams, Transitional Gas, Transitional Power and Green Hydrogen.
Chariot Transitional Gas is focused on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power is looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power. Chariot is also partnering with Total Eren and the Government of Mauritania on the potential development of a 10GW green hydrogen project, Project Nour.
The ordinary shares of Chariot Limited are admitted to trading on the AIM under the symbol 'CHAR'.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Andrew Hockey |
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2. |
Reason for the Notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Chariot Limited |
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b) |
LEI |
21380046DOGKITYU6X54 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares. |
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Identification code |
ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
Not applicable, single transaction. |
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e) |
Date of the transaction |
23 September 2022 |
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f) |
Place of the transaction |
London Stock Exchange, AIM Market (XLON) |
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Andrew Hockey |
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2. |
Reason for the Notification |
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a) |
Position/status |
Non-Executive Director |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Chariot Limited |
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b) |
LEI |
21380046DOGKITYU6X54 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Options over Ordinary Shares. |
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Identification code |
ISIN for Chariot Limited Ordinary Shares: GG00B2R9PM06 |
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b) |
Nature of the transaction |
Grant of options over Ordinary Shares. In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan these options will vest in equal instalments over the next three years on 23 September 2023, 2024 and 2025 and will remain exercisable until 25 September 2032 |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: · Aggregated volume · Price |
Not applicable, single transaction. |
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e) |
Date of the transaction |
26 September 2022 |
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f) |
Place of the transaction |
Outside a trading venue. |
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