We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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% | 9.00 | 8.00 | 10.00 | 9.00 | 9.00 | 9.00 | 0.00 | 07:01:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCHAR
RNS Number : 1584W
Chariot Limited
13 April 2023
13 April 2023
Chariot Limited
("Chariot", the "Company")
Issue of Shares and Total Voting Rights
Chariot Limited (AIM: CHAR), the Africa focused transitional energy company confirms that pursuant to the announcement made on 23 March 2021 regarding the acquisition of the business of Africa Energy Management Platform (" AEMP"), which is now Chariot's Transitional Power business, contingent consideration is now payable which will be settled through the issue of 1,585,678 new ordinary shares in Chariot ("Consideration Shares").
Application has been made for the Consideration Shares to be admitted to trading on AIM ("Admission"), with Admission expected to occur on 17 April 2023.The Consideration Shares will rank pari passu with the Company's existing Ordinary Shares.
Upon Admission the Company will have 963,694,463 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.
Under the terms of the original share purchase agreements, a maximum of 5,946,288 shares were payable as deferred and contingent consideration. Deferred consideration of 1,982,096 shares has now lapsed, and following the issue of the Consideration Shares there is a remaining balance of 2,378,514 contingent consideration shares for which conditions attached to issuance have been extended until 22 March 2024.
Enquiries
Chariot Limited Adonis Pouroulis, CEO Julian Maurice-Williams, CFO +44 (0)20 7318 0450 Cenkos Securities Plc (Nomad and Joint Broker) Derrick Lee, Adam Rae + 44 (0)20 7397 8900 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 8434 2754
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 a high value, low risk gas development project offshore Morocco in 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 Total Eren and the Government of Mauritania on the potential development of a 10GW green hydrogen project, named Project Nour.
The ordinary shares of Chariot Limited are admitted to trading on the AIM under the symbol 'CHAR'.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
IOELXLFFXZLBBBE
(END) Dow Jones Newswires
April 13, 2023 10:00 ET (14:00 GMT)
1 Year Chariot Chart |
1 Month Chariot Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions