19th Jul 2024 21:43
Chariot Ltd - London-based transitional energy company focused on Africa - Announces GBP4.6 million fundraise through placing and subscription and up to further GBP1.5 million in open offer. Will issue 71.4 million shares under placing and subscription and up to 23.8 million shares under open offer of one new share per 46 shares held, all at 6.50 pence per share. Issue price is a 13% discount to closing price on Thursday. Notes certain directors and seniors managers to subscribe for total GBP800,000 with Chief Executive Adonis Pouroulis to subscribe for GBP500,000. New shares to represent 9% of existing shares issued prior to fundraise. Read More
