Exercise of Warrants and Total Voting Rights
Chariot Limited announced the exercise of warrants, resulting in the issuance of 78,136,342 new ordinary shares and the receipt of £1.9 million (US$2.5 million) in cash. Admission of these new shares to AIM is expected on October 7, 2026, at which point the company's total issued ordinary shares will be 2,945,492,908, with no shares held in treasury. This updated share count will serve as the denominator for shareholders calculating their notification requirements under FCA rules.
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Chariot Limited (AIM: CHAR), the Africa-focused energy company, announces that the Company will issue a total of 78,136,342 new ordinary shares of 1 pence each ("New Ordinary Shares"), pursuant to the exercise of warrants and will receive total cash funds of £1.9 million (US$2.5 million).
The Company has applied for admission of the New Ordinary Shares to trading on AIM (“Admission”). Admission is expected to occur at 8.00 a.m. on 7 October 2026. Following Admission, the Company will have 2,945,492,908 Ordinary Shares in issue and there are no shares held in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.