Last checked at 20 Jul 2015 09:39
20 July 2015
Chariot Oil & Gas Limited
("Chariot", the "Company" or the "Group")
Director's Dealings
On 17 July 2015 William Trojan, a Non-Executive Director, purchased 74,820 ordinary shares in the Company ("Ordinary Shares") at a price of 8.5p per share. Following this purchase Mr. Trojan holds 266,633 Ordinary Shares, representing 0.10% of the issued share capital of the Company.
In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Mr. Trojan will receive a matching share award of 74,820 shares. These shares will vest in equal instalments over the next three years on 17 July 2016, 2017 and 2018 provided that Mr. Trojan retains all of the shares purchased on 17 July 2015.
For further information please contact:
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Chariot Oil & Gas Limited Larry Bottomley, CEO | +44 (0)20 7318 0450 |
GMP Securities (Joint Broker) Rob Collins, Emily Morris | +44 (0)20 7647 2835 |
Jefferies International Limited (Joint Broker) Chris Zeal, Max Jones
| +44 (0)20 7029 8000 |
finnCap (Nominated Adviser) Matt Goode, Christopher Raggett | +44 (0)20 7220 0500 |
ECM2 Advisory Natalia Erikssen | +44 (0)78 0944 0929 |
NOTES TO EDITORS
About Chariot
Chariot Oil & Gas Limited is an independent oil and gas exploration group. It holds licences covering four blocks in Namibia, one block in Mauritania, three blocks in Morocco and four licences in the Barreirinhas Basin 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'.