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CHAR.GB Chariot Limited

7.00
0.00 (0.00%)
21 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Chariot Limited AQSE:CHAR.GB Aquis Stock Exchange Ordinary Share GG00B2R9PM06
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.00 6.00 8.00 7.00 7.00 7.00 0.00 06:56:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Chariot Limited Grant of Deferred Share Awards (3516X)

19/12/2023 3:03pm

UK Regulatory


Chariot (AQSE:CHAR.GB)
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From Jun 2023 to Jun 2024

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TIDMCHAR

RNS Number : 3516X

Chariot Limited

19 December 2023

19 December 2023

Chariot Limited

("Chariot", the "Company")

Grant of Deferred Share Awards

In line with best practice corporate governance for AIM companies, Chariot aims to remunerate its Directors through an appropriate mix of cash and share awards, thus aligning their interests with those of its shareholders. With this purpose the Annual Bonus Scheme looks to reward the achievement of pre-defined corporate performance targets through the grant of deferred bonus share awards based on the extent to which these targets were achieved during the preceding period.

As a result, the following Directors were granted deferred bonus share awards in the form of nil cost options over ordinary shares ("Ordinary Shares") on 19 December 2023. Subject to continuing office, these share awards will vest evenly over the next three years on 30 June 2024, 2025 and 2026 and will remain exercisable until 18 December 2033.

 
 Directors                  Position                   Number of Shares Awarded 
 George Canjar              Chairman                           427,723 
 Adonis Pouroulis           Chief Executive Officer            977,654 
 Julian Maurice-Williams    Chief Financial Officer            733,240 
 Duncan Wallace             Technical Director                 733,240 
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, as retained in the UK pursuant to S3 of the European Union (Withdrawal) Act 2018.

Enquiries

 
 Chariot Limited 
  Adonis Pouroulis, CEO 
  Julian Maurice-Williams, CFO                       +44 (0)20 7318 0450 
 
   Cavendish Capital Markets Plc (Nomad and Joint 
   Broker) 
   Derrick Lee, Adam Rae                               + 44 (0)131 220 9778 
 Stifel Nicolaus Europe Limited (Joint Broker) 
  Callum Stewart, Ashton Clanfield                   +44 (0) 20 7710 7760 
 Celicourt Communications (Financial PR) 
  Mark Antelme, Jimmy Lea                            +44 (0) 20 7770 6424 
 

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 cashflow 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 are progressing pilot projects in Morocco.

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

https://chariotenergygroup.com

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             George Canjar 
     -------------------------------  ------------------------------------------------ 
 2.   Reason for the Notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                  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               Options over Ordinary Shares. 
       Financial instrument, 
       type of instrument 
      Identification code              ISIN for Chariot Limited Ordinary 
                                        Shares: GG00B2R9PM06 
     -------------------------------  ------------------------------------------------ 
 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 30 June 
                                        2024, 2025 and 2026 and will remain 
                                        exercisable until 18 December 2033. 
     -------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s) 
                                          Price(s)    Volume(s) 
                                          GBPnil      427,723 
                                                     ---------- 
     -------------------------------  ------------------------------------------------ 
 d)   Aggregated information: 
        *    Aggregated volume           Not applicable, single transaction. 
 
 
        *    Price 
     -------------------------------  ------------------------------------------------ 
 e)   Date of the transaction          19 December 2023 
     -------------------------------  ------------------------------------------------ 
 f)   Place of the transaction         Outside a trading venue. 
     -------------------------------  ------------------------------------------------ 
 
 
 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               Options over Ordinary Shares. 
       Financial instrument, 
       type of instrument 
      Identification code              ISIN for Chariot Limited Ordinary 
                                        Shares: GG00B2R9PM06 
     -------------------------------  ------------------------------------------- 
 b)   Nature of the transaction        Grant of options over Ordinary Shares. 
                                        In accordance with the Company's 
                                        Long Term Incentive Share Scheme 
                                        these options will vest evenly over 
                                        the next three years on 30 June 2024, 
                                        2025 and 2026 and will remain exercisable 
                                        until 18 December 2033. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s) 
                                          Price(s)    Volume(s) 
                                          GBPnil      977,654 
                                                     ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           Not applicable, single transaction. 
 
 
        *    Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          19 December 2023 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue. 
     -------------------------------  ------------------------------------------- 
 
 
 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               Options over Ordinary Shares. 
       Financial instrument, 
       type of instrument 
      Identification code              ISIN for Chariot Limited Ordinary 
                                        Shares: GG00B2R9PM06 
     -------------------------------  ------------------------------------------- 
 b)   Nature of the transaction        Grant of options over Ordinary Shares. 
                                        In accordance with the Company's Long 
                                        Term Incentive Share Scheme these 
                                        options will vest evenly over the 
                                        next three years on 30 June 2024, 
                                        2025 and 2026 and will remain exercisable 
                                        until 18 December 2033. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s) 
                                          Price(s)    Volume(s) 
                                          GBPnil      733,240 
                                                     ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           Not applicable, single transaction. 
 
 
        *    Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          19 December 2023 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue. 
     -------------------------------  ------------------------------------------- 
 
 
 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               Options over Ordinary Shares. 
       Financial instrument, 
       type of instrument 
      Identification code              ISIN for Chariot Limited Ordinary 
                                        Shares: GG00B2R9PM06 
     -------------------------------  ------------------------------------------- 
 b)   Nature of the transaction        Grant of options over Ordinary Shares. 
                                        In accordance with the Company's Long 
                                        Term Incentive Share Scheme these 
                                        options will vest evenly over the 
                                        next three years on 30 June 2024, 
                                        2025 and 2026 and will remain exercisable 
                                        until 18 December 2033. 
     -------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s) 
                                          Price(s)    Volume(s) 
                                          GBPnil      733,240 
                                                     ---------- 
     -------------------------------  ------------------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           Not applicable, single transaction. 
 
 
        *    Price 
     -------------------------------  ------------------------------------------- 
 e)   Date of the transaction          19 December 2023 
     -------------------------------  ------------------------------------------- 
 f)   Place of the transaction         Outside a trading venue. 
     -------------------------------  ------------------------------------------- 
 

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END

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December 19, 2023 10:03 ET (15:03 GMT)

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