Chariot Oil & Gas Ld Block Admission (8016Z)

TIDMCHAR

RNS Number : 8016Z

Chariot Oil & Gas Ld

01 June 2016

1 June 2016

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/          1 December 2015 - 31 May 
  to)                              2016 
-------------------------------  --------------------------- 
 Number and class of securities   873,488 Ordinary Shares 
  not issued at the start          of 1p each 
  of the period under the 
  scheme 
-------------------------------  --------------------------- 
 Number of securities issued      Nil Ordinary Shares of 1p 
  under the scheme during          each 
  the period 
-------------------------------  --------------------------- 
 Balance under the scheme         873,488 Ordinary Shares 
  of securities not yet issued     of 1p each 
  at the end of the period 
-------------------------------  --------------------------- 
 Number and class of securities   2,000,000 Ordinary Shares 
  originally admitted and          of 1p each admitted on 30 
  the date of admission            December 2010 
                                   2,300,000 Ordinary Shares 
                                   of 1p each admitted on 2 
                                   October 2013 
                                   3,000,000 Ordinary Shares 
                                   of 1p each admitted on 10 
                                   October 2014 
                                   4,000,000 Ordinary Shares 
                                   of 1p each admitted on 31 
                                   May 2016 
-------------------------------  --------------------------- 
 

As at 31 May 2016 the Company has an issued share capital of 264,274,904 Ordinary Shares each with voting rights. The Company does not hold any shares in treasury.

 
 
   For further information 
   please contact: 
 
   Chariot Oil & Gas Limited 
   Larry Bottomley, CEO           [phone] 
 finnCap (Nominated Adviser 
  and Joint Broker) 
  Matt Goode, Christopher 
  Raggett                       [phone] 
 Peel Hunt (Joint Broker) 
  Richard Crichton, Ross 
  Allister                      [phone] 
 EMC(2) Advisory (Media 
  Contact) 
  Natalia Erikssen              [phone] 
 
 

About Chariot

Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering four blocks in Namibia, one block in Mauritania, two blocks in Morocco and four licences in the Barreirinhas Basin offshore Brazil. 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'.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 01, 2016 10:00 ET (14:00 GMT)