Last checked at 2 Oct 2013 16:18
02 October 2013
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Block Admission
The Company announces that application has been made for the block admission of up to 2,300,000 ordinary shares of 1p each, ranking pari passu with the Company's existing ordinary shares. These shares may be issued in due course pursuant to the Company's Long Term Incentive Share Scheme.
2,000,000 ordinary shares of 1p each were originally admitted under the Company's block admission on 30 December 2010. Prior to the application above, the outstanding balance of the Company's block admission is 431,931 ordinary shares.
The Company has an issued share capital of 200,820,423 ordinary shares, none of which are held in treasury.
For further information please contact:
Chariot Oil & Gas Limited | +44 (0)20 7318 0450 |
Larry Bottomley, CEO | |
RBC Capital Markets (Joint Broker and NOMAD) Martin Eales, Pierre Schreuder
Jefferies International Limited (Joint Broker) Chris Zeal, Max Jones
| +44 (0)20 7653 4000
+44 (0)20 7029 8000
|
FTI Consulting Ben Brewerton, Natalia Erikssen, | +44 (0)20 7831 3113
|
NOTES TO EDITORS
About Chariot
Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering eight blocks in Namibia, through its wholly owned subsidiary Enigma Oil & Gas Exploration (Pty) Limited, one block in Mauritania through its wholly owned subsidiary Chariot Oil & Gas Investments (Mauritania) Limited and three blocks in Morocco through its wholly owned subsidiary Chariot Oil & Gas Investments (Morocco) Limited all of which are offshore. The Group's wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda, has recently been awarded four licences in the shallow water 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'.