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Chariot Oil and Gas plc

Director's Dealings

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RNS Number : 5572Z
Chariot Oil & Gas Ld
20 May 2019
 

 

20 May 2019

 

Chariot Oil & Gas Limited

("Chariot", the "Company" or the "Group")

 

Director's Dealings

 

 

On 20 May 2019 Chris Zeal, a Non-Executive Director, purchased 198,023 ordinary shares in the Company ("Ordinary Shares") at a price of 5.0499p per share. Following this purchase Chris Zeal holds 198,023 Ordinary Shares, representing 0.05% of the issued share capital of the Company.

 

In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Chris Zeal will receive a matching share award of 198,023 shares. These shares will vest in equal instalments over the next three years on 20 May 2020, 2021 and 2022 provided that Chris Zeal retains all of the shares purchased on 20 May 2019.

 

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

For further information please contact:

 

Chariot Oil & Gas Limited

Larry Bottomley, CEO

 

 

 

+44 (0)20 7318 0450

finnCap (Nominated Adviser and Broker)

Matt Goode, Christopher Raggett, Anthony Adams (Corporate Finance) Andrew Burdis (ECM)

 

+44 (0)20 7220 0500

Celicourt Communications (Financial PR)

Jimmy Lea

+44 (0)207 520 9261



 

 

NOTES TO EDITORS

 

ABOUT CHARIOT

Chariot Oil & Gas Limited is an independent oil and gas company focused on the Atlantic margins. It holds exploration licences covering two blocks in Namibia, three blocks in Morocco and four blocks in the Barreirinhas Basin offshore Brazil.

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' 

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Zeal

2.  

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chariot Oil & Gas Limited

b)

LEI

21380046DOGKITYU6X54

4.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary Shares.

Identification code

ISIN for Chariot Oil & Gas Limited Ordinary Shares: GG00B2R9PM06

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£0.050499

198,023

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Not applicable, single transaction.

e)

Date of the transaction

20 May 2019

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.  

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Zeal

2.  

Reason for the Notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Chariot Oil & Gas Limited

b)

LEI

21380046DOGKITYU6X54

4.  

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Option over Ordinary Shares.

Identification code

ISIN for Chariot Oil & Gas Limited Ordinary Shares: GG00B2R9PM06

b)

Nature of the transaction

Grant of option over Ordinary Shares. In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan this option will vest in equal instalments over the next three years on 20 May 2020, 2021 and 2022 provided that Christopher Zeal retains all of the shares purchased on 20 May 2019.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£nil

198,023

d)

Aggregated information:

·      Aggregated volume

·      Price

 

Not applicable, single transaction.

e)

Date of the transaction

20 May 2019

f)

Place of the transaction

Outside a trading venue.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHEANSEALENEEF

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Price: £0.04

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Market Cap: £13.5 m
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Chariot Oil & Gas - Proactive's Oil Capital Conference June 2019

Chariot Oil & Gas Limited’s (LON:CHAR) exploration manager Duncan Wallace and CFO Julian Maurice-Williams present at the Proactive Investors Oil Capital Conference in London. For more information visit www.chariotoilandgas.com

on 26/6/19