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Block Admission Return

Date : 01/06/2012 @ 07:00
Source : UK Regulatory (RNS & others)
Stock : Chariot Oil (CHAR)
Quote : 18.0  0.5 (2.86%) @ 16:35

Block Admission Return

TIDMCHAR

RNS Number : 5697E

Chariot Oil & Gas Ld

01 June 2012

01 June 2012

Chariot Oil & Gas Limited

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

Block Admission Return

The Company makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements:

 
 Name of Company                          Chariot Oil & Gas Limited 
---------------------------------------  ----------------------------------- 
 Name of Scheme                           Long Term Incentive Share Scheme 
---------------------------------------  ----------------------------------- 
 Period of Return (from/ to)              1 December 2011 - 31 May 2012 
---------------------------------------  ----------------------------------- 
 Number and class of securities           1,492,733 ordinary shares of 1p 
  not issued at the start of the           each 
  period under the scheme 
---------------------------------------  ----------------------------------- 
 Number of securities issued under        769,538 ordinary shares of 1p each 
  the scheme during the period 
---------------------------------------  ----------------------------------- 
 Balance under the scheme of securities   723,195 ordinary shares of 1p each 
  not yet issued at the end of the 
  period 
---------------------------------------  ----------------------------------- 
 Number and class of securities           2,000,000 ordinary shares of 1p 
  originally admitted and the date         each admitted on 30 December 2010 
  of admission 
---------------------------------------  ----------------------------------- 
 

For further information please contact:

 
 Chariot Oil & Gas Limited              +44 (0)20 7318 0450 
 Paul Welch, CEO 
 
 RBC Capital Markets (Joint Broker 
  and NOMAD) 
  Martin Eales, Pierre Schreuder        +44 (0)20 7653 4000 
 
  UBS Investment Bank (Joint Broker) 
  Philip Wolfe, Rahul Luthra             +44 (0)20 7567 8000 
 FTI Consulting 
  Ben Brewerton, Edward Westropp        +44 (0)20 7831 3113 
 

NOTES TO EDITORS

About Chariot

Chariot Oil & Gas Limited is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, through its wholly owned subsidiary Enigma Oil & Gas Exploration (Pty) Limited, and one block in Mauritania through its wholly owned subsidiary Chariot Oil & Gas Investments (Mauritania) Ltd., all of which are offshore. 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'.

The contents of the Company's website are not incorporated into, nor do they form part of, this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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