Chariot Oil & Gas Ld Director's Dealings (5572Z)
May 20 2019 - 5:45AM
UK Regulatory
TIDMCHAR
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 Ordinary Shares.
Financial instrument,
type of instrument
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)
GBP0.050499 198,023
----------
------------------------------- --------------------------------------
d) Aggregated information:
* Aggregated volume Not applicable, single transaction.
* Price
------------------------------- --------------------------------------
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 Option over Ordinary Shares.
Financial instrument,
type of instrument
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)
GBPnil 198,023
----------
------------------------------- ------------------------------------------
d) Aggregated information:
* Aggregated volume Not applicable, single transaction.
* Price
------------------------------- ------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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