Chariot Aktie

Chariot has announced its annual general meeting for 22 September 2026 and proposes a share consolidation in which 25 existing ordinary shares of 1p each would be combined into one new ordinary share with a nominal value of 25p, intended to reduce the number of shares outstanding and lower price volatility. Timing of implementation will be at the discretion of the board following shareholder approval. The company emphasizes a renewed focus on its upstream strategy after the offshore transaction in Angola and the sale of its renewable energy business; voting details and an information circular are available to shareholders. » Więcej na de.investing.com

Chariot announced that a subsidiary of Etu Energias has signed a purchase agreement for 20% of Block 14 and 10% of Block 14K offshore Angola. Chariot provided a $12m deposit and funds for transaction costs, while Shell Western Supply and Trading is providing an acquisition financing package secured against future oil deliveries. The deal gives Chariot economic access to cash flows from currently about 4,000 barrels/day; the indicative NPV10 is stated at over $100m (oil price assumption $60/barrel). Closing is subject to regulatory approvals and is expected in the second half of 2026. » Więcej na de.investing.com

Chariot raised about $2.9m (£2.1m) gross through an open offer; 155,678,180 shares (69% of the maximum offer) were subscribed at 1.9 pence per share. CEO Adonis Pouroulis subscribed for $0.25m, increasing his holding to 10.09%; other managers also participated. One warrant will be issued for each new ordinary share (exercise price 2.4 pence, expiry 9 April 2029). The capital measure is subject to approval at the upcoming annual general meeting and is intended to part-finance an economic interest in a producing offshore asset in Angola. » Więcej na de.investing.com

Chariot has committed net proceeds of USD 20m (£14.8m) from the placing of 1,132,275,133 new ordinary shares at 1.4 pence each; gross proceeds before costs amount to USD 21.4m. Existing shareholders can subscribe in the rights offer at 1.4 pence per share at the ratio of one new share for every seven held (up to 225,449,336 shares), record date 19 February 2026. A warrant will be issued for each new share, entitling the holder to subscribe for a share at 2.4 pence until 9 April 2029; proceeds are intended to bolster working capital. A general meeting is scheduled for 11 March 2026. » Więcej na de.investing.com

Chariot is providing $12m to finance an acquisition in Angola, participating in the purchase of interests in Block 14 and Block 14K via partner Etu Energias. Shell Trading is contributing an acquisition package of up to $170m and will receive future oil deliveries; Chariot expects access to up to 4,000 barrels per day. To cover its contribution Chariot plans a placing of around $20m at 1.4 pence per share and a public offer of up to $4m; investors will receive warrants with a 2.4 pence exercise price valid until April 2029. Closing is expected in the second half of 2026 and is subject to approvals from government authorities in Angola and the Congo; the indicative NPV for Chariot at an oil price of $60/barrel is over $100m. » Więcej na de.investing.com