Chariot Oil & Gas Ld Directors' Dealings (5781T)

TIDMCHAR

RNS Number : 5781T

Chariot Oil & Gas Ld

21 July 2015

Chariot Oil & Gas Limited

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

Directors' Dealings

On 20 July 2015 the following Non-Executive Directors purchased ordinary shares in the Company ("Ordinary Shares") at a price of 8.5p per Ordinary Share. The number of Ordinary Shares purchased and the Non-Executive Directors' resultant interests in the Company is as follows:

 
    Director       Ordinary Shares    Resultant       Percentage 
                      purchased        number of       of issued 
                                       Ordinary      share capital 
                                      Shares held 
----------------  ----------------  -------------  --------------- 
  George Canjar        75,060          291,573           0.11 
----------------  ----------------  -------------  --------------- 
 David Bodecott        58,528           58,528           0.02 
----------------  ----------------  -------------  ---------------

In accordance with the Company's Non-Executive Directors' Restricted Share Unit Plan, Mr. Canjar and Mr. Bodecott will receive matching awards of 75,060 and 58,528 Ordinary Shares respectively. These awards of Ordinary Shares will vest in equal instalments over the next three years on 20 July 2016, 2017 and 2018 provided that Mr. Canjar and Mr. Bodecott retain all of the Ordinary Shares purchased on 20 July 2015.

 
 For further information 
  please contact: 
 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 
 EMC2 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'.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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