Chariot Limited Issue of Shares and Total Voting Rights (9882C)

TIDMCHAR

RNS Number : 9882C

Chariot Limited

24 June 2021

24 June 2021

Chariot Limited

("Chariot", the "Company")

Issue of Renewable Developer Acquisition Shares and Total Voting Rights

Chariot (AIM: CHAR), the Africa focused transitional energy company, is pleased to announce that further to the announcement made on 1 June 2021, in respect of the acquisition of the business of Africa Energy Management Platform ("AEMP"), completion of the transaction will occur on admission of the 9,196,926 ordinary shares ("Ordinary Shares"), at 8.00 a.m. on 25 June 2021.

Application has been made for the 9,196,926 new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Upon Admission the Company will have 397,564,872 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.

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.

For further information please contact:

 
 Chariot Limited 
  Adonis Pouroulis, Acting CEO 
  Julian Maurice-Williams, CFO                     [phone] 
 
   finnCap (Nominated Adviser and Joint Broker) 
   Christopher Raggett, Simon Hicks, Edward 
   Whiley                                            [phone] 
 Peel Hunt (Joint Broker) 
  Richard Crichton / David McKeown                 [phone] 
 Celicourt Communications (Financial PR) 
  Mark Antelme 
  Jimmy Lea                                        [phone] 
 

NOTES FOR EDITORS:

About Chariot

Chariot is an African focused transitional energy group. Its current business stream, 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.

On completion of the acquisition of AEMP, Chariot will have a second business stream, known as 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.

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

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June 24, 2021 07:00 ET (11:00 GMT)