Chariot Regulatory News (CHAR)

RNS Number : 2378S

Chariot Oil & Gas Ld

06 September 2010

 

 

For immediate release 6 September 2010

 

Chariot Oil & Gas Limited

(the "Company")

 

Grant of Options

 

Chariot Oil & Gas Limited announces that on 18 August 2010 Philip Loader, Non-Executive Director, was awarded 250,000 options in the Company at 119p (the 20 day trading average as of close of business on the 18 August 2012 - the date of his appointment) as part of his agreed remuneration package. The options will be exercisable from 18 August 2012 and will expire on 18 August 2020.

 

- Ends -

 

For further information please contact:

 

Chariot Oil & Gas Limited +44 (0)20 7318 0450 Paul Welch, CEO   Ambrian Partners Limited (Joint Broker and NOMAD) Richard Swindells +44 (0)20 7634 4856   RBC Capital Markets (Joint Broker) Josh Critchley, Martin Eales   +44 (0)20 7653 4000       Buchanan Communications Bobby Morse, Ben Romney, Chris McMahon +44 (0)20 7466 5000

 

NOTES TO EDITORS

 

About Chariot

 

Chariot Oil & Gas Limited (www.chariotoilandgas.com) is an independent oil and gas exploration group. The Group currently holds licences covering eight blocks in Namibia, all of which are offshore. All of these blocks are currently in the exploration phase.

 

Shares in Chariot Oil & Gas limited are admitted to trading on the AIM Market of the London Stock Exchange under the symbol 'CHAR'.

 

 

 

This information is provided by RNS

The company news service from the London Stock Exchange