Chariot Ltd Regulatory News (CHAR)

Name of Company

Chariot Oil & Gas Limited

Name of Scheme

Long Term Incentive Share Scheme

Period of Return (from/ to)

1 June 2016 - 30 November 2016

Number and class of securities not issued at the start of the period under the scheme

4,873,488 Ordinary Shares of 1p each

Number of securities issued under the scheme during the period

4,077,488 Ordinary Shares of 1p each

Balance under the scheme of securities not yet issued at the end of the period

796,000 Ordinary Shares of 1p each

Number and class of securities originally admitted and the date of admission

2,000,000 Ordinary Shares of 1p each admitted on 30 December 2010

2,300,000 Ordinary Shares of 1p each admitted on 2 October 2013

3,000,000 Ordinary Shares of 1p each admitted on 10 October 2014

4,000,000 Ordinary Shares of 1p each admitted on 31 May 2016

For further information please contact:

Chariot Oil & Gas Limited

Larry Bottomley, CEO

+44 (0)20 7318 0450

finnCap (Nominated Adviser and Joint Broker)

Matt Goode, Christopher Raggett

+44 (0)20 7220 0500

Peel Hunt (Joint Broker)

Richard Crichton, Ross Allister

+44 (0)20 7418 8900

EMC2 Advisory (Media Contact)

Natalia Erikssen

+44 (0)78 0944 0929