Chariot Oil & Gas Ld Result of General Meeting and Change of Name (3873C)

TIDMCHAR

RNS Number : 3873C

Chariot Oil & Gas Ld

18 June 2021

18 June 2021

Chariot Oil & Gas Limited

("Chariot", the "Company")

Result of General Meeting and Change of Name

Chariot (AIM: CHAR), the Africa focused transitional energy company, is pleased to announce the results of its General Meeting held earlier today, where all resolutions were duly passed.

Change of Name

Further to the passing of Resolution 3 at the General Meeting, the Company will now register its change of name from Chariot Oil & Gas Limited to Chariot Limited.

Total Voting Rights

Prior to admission to AIM of the new Ordinary Shares to be issued pursuant to the Fundraising ("Admission"), a further announcement will be made by the Company of Total Voting Rights on Admission, which is expected to take place at 8.00 a.m. on 28 June 2021.

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 Oil & Gas Limited 
  Adonis Pouroulis, Acting CEO 
  Julian Maurice-Williams, CFO                          [phone] 
 
   finnCap (Nominated Adviser and Joint Bookrunner) 
   Christopher Raggett, Simon Hicks, Edward 
   Whiley (Corporate Finance) 
   Andrew Burdis (ECM)                                   [phone] 
 Peel Hunt (Joint Bookrunner) 
  Richard Crichton / David McKeown / Alexander 
  Allen 
  Jock Maxwell Macdonald / Sohail Akbar                [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 Oil & Gas Limited are admitted to trading on the AIM under the symbol 'CHAR'. Further to the approval by Shareholders at the General Meeting, the Company will now register its change of name from Chariot Oil & Gas Limited to Chariot Limited.

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June 18, 2021 05:30 ET (09:30 GMT)