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Chariot Limited (CHAR)

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Wednesday 15 December, 2021

Chariot Limited

Issue of Shares and Total Voting Rights

RNS Number : 6588V
Chariot Limited
15 December 2021








15 December 2021


Chariot Limited  

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


Issue of Placing and Subscription Shares and Total Voting Rights


Chariot (AIM: CHAR), the African focused transitional energy company, announces the issuance of new Ordinary Shares pursuant to the Placing and Subscription announced on 2 December 2021.


The Company has today issued 101,639,842 new Ordinary Shares pursuant to the Placing and Subscription, which have been admitted to trading on AIM. Following admission of the Placing Shares and Subscription Shares to trading on AIM, the Company has 738,362,921 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.


Capitalised terms in this announcement shall have the same meaning ascribed in the announcement made on 2 December 2021 unless the context requires otherwise.




Chariot Limited

Adonis Pouroulis, Acting CEO

Julian Maurice-Williams, CFO

+44 (0)20 7318 0450



finnCap  (Nominated Adviser)

Christopher Raggett, Simon Hicks, Edward Whiley



+44 (0)20 7220 0500

Cenkos Securities Plc (Bookrunner)

Derrick Lee, Neil McDonald, Adam Rae (Corporate Finance)

Leif Powis (ECM)


+44 (0)20 7397 8900

Celicourt Communications  (Financial PR)

Mark Antelme, Jimmy Lea


+44 (0)20 8434 2754




About Chariot


Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Power.


Chariot Transitional Gas is a high value, low risk gas development project 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, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power. Additionally in September 2021, Chariot announced its partnership with the Government of Mauritania for the potential development of a large-scale green hydrogen project.


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


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