Director Dealings

Chariot Limited

14 August 2024

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN, ARE RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, RUSSIA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

Chariot Limited

("Chariot", the "Company" or the "Group")

14 August 2024

Director Dealings

Chariot (AIM: CHAR), the African focused transitional energy company, announces the issuance of new Ordinary Shares pursuant to the Fundraising announced on 19 July 2024 to the following Directors:

Name	Number of Ordinary Shares prior to the Fundraising	% of Issued Share Capital prior to the Fundraising	Number of Ordinary Shares following the Fundraising	% of Issued Share Capital following the Fundraising
George Canjar	2,729,881	0.25%	3,325,260	0.28%
Adonis Pouroulis	88,227,396	8.21%	95,967,334	8.13%
Julian Maurice-Williams	563,953	0.05%	717,799	0.06%
Duncan Wallace	663,591	0.06%	817,437	0.07%
Andrew Hockey	314,019	0.03%	390,942	0.03%

Capitalised terms in this announcement shall have the same meaning as in the announcement made by the Company on 19 July 2024 unless the context requires otherwise.

Enquiries:

Chariot Limited Adonis Pouroulis, CEO Julian Maurice-Williams, CFO	[phone]
Cavendish Capital Markets Limited (Nomad and Joint Bookrunner) Derrick Lee, Adam Rae (Corporate Finance) Leif Powis (ECM) Stifel Nicolaus Europe Limited (Joint Bookrunner) Callum Stewart, Ashton Clanfield, Jason Grossman	[phone] [phone]
Celicourt Communications (Financial PR) Mark Antelme, Jimmy Lea	[phone]

NOTES FOR EDITORS:

About Chariot

Chariot is an Africa focused transitional energy group with three business streams: Transitional Gas, Transitional Power and Green Hydrogen.

Chariot Transitional Gas is focused on high value, low risk gas development projects in Morocco, a fast-growing emerging economy, with a clear route to early monetisation, delivery of free cash flow and material exploration upside.

Chariot Transitional Power is focused on providing competitive, sustainable and reliable energy and water solutions across the continent through building, generating and trading renewable power.

Chariot Green Hydrogen is partnering with TEH2 (80% owned by TotalEnergies, 20% by the EREN Group) and the Government of Mauritania on the potential development of a 10GW green hydrogen project, Project Nour in Mauritania, and is progressing pilot projects in Morocco.

The ordinary shares of Chariot Limited are admitted to trading on AIM under the symbol 'CHAR'. 

This Announcement is not for publication or distribution, directly or indirectly, in or into the United States of America.  This Announcement is not an offer of securities for sale into the United States.  The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration.  No public offering of securities is being made in the United States.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	George Canjar
2.	Reason for the Notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Chariot 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 Limited Ordinary Shares: GG00B2R9PM06
b)	Nature of the transaction	Purchase of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.065 595,379
d)	Aggregated information: ·    Aggregated volume ·    Price	Not applicable, single transaction.
e)	Date of the transaction	14 August 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON), United Kingdom

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Adonis Pouroulis
2.	Reason for the Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Chariot 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 Limited Ordinary Shares: GG00B2R9PM06
b)	Nature of the transaction	Purchase of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.065 7,739,938
d)	Aggregated information: ·    Aggregated volume ·    Price	Not applicable, single transaction.
e)	Date of the transaction	14 August 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON), United Kingdom

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Julian Maurice-Williams
2.	Reason for the Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Chariot 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 Limited Ordinary Shares: GG00B2R9PM06
b)	Nature of the transaction	Purchase of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.065 153,846
d)	Aggregated information: ·    Aggregated volume ·    Price	Not applicable, single transaction.
e)	Date of the transaction	14 August 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON), United Kingdom

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Duncan Wallace
2.	Reason for the Notification
a)	Position/status	Technical 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 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 Limited Ordinary Shares: GG00B2R9PM06
b)	Nature of the transaction	Purchase of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.065 153,846
d)	Aggregated information: ·    Aggregated volume ·    Price	Not applicable, single transaction.
e)	Date of the transaction	14 August 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON), United Kingdom

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Hockey
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 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 Limited Ordinary Shares: GG00B2R9PM06
b)	Nature of the transaction	Purchase of Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.065 76,923
d)	Aggregated information: ·    Aggregated volume ·    Price	Not applicable, single transaction.
e)	Date of the transaction	14 August 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON), United Kingdom

 

END