13th Nov 2009 13:24
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For Immediate Release |
13 November 2009 |
Chariot Oil & Gas Limited
("Chariot", the "Company")
Grant of Options
Chariot Oil & Gas Limited announces that Paul Welch, CEO, has today been granted 3 million options with an exercise price of 26p in respect of ordinary shares in the Company. The options have been granted under Chariot's Share Option Part A Plan as adopted by the board on 8 April 2008 and will be exercisable between the second and tenth anniversay of grant.
For further information please contact:
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Chariot Oil & Gas Limited |
+44 (0)20 7318 0451 |
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Paul Welch, CEO |
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KPMG Corporate Finance (Nominated adviser) |
+44 (0)20 7311 1000 |
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Susan Walker |
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BMO Capital Markets Limited (Broker) |
+44 (0)20 7664 8120 |
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Bill Smith |
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Buchanan Communications |
+44 (0)20 7466 5000 |
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Ben Willey, Ben Romney, Chris McMahon |
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'.
Other
KPMG Corporate Finance, a division of KPMG LLP which is authorised and regulated by the Financial Services Authority for investment business activities, is acting for the Company as nominated adviser in relation to the matters set out in this announcement and is not acting for any other person in relation to these matters. KPMG Corporate Finance will not be responsible to anyone other than the Company for providing the protections afforded to its clients or for providing advice in relation to the contents of this announcement.
Related Shares:
Chariot