Issue of Shares and Total Voting Rights

15 December 2021

Chariot Limited 

("Chariot", the "Company" or the "Group")

Issue of Placing and Subscription Shares and Total Voting Rights

Chariot (AIM: CHAR), the African focused transitional energy company, announces the issuance of new Ordinary Shares pursuant to the Placing and Subscription announced on 2 December 2021.

The Company has today issued 101,639,842 new Ordinary Shares pursuant to the Placing and Subscription, which have been admitted to trading on AIM. Following admission of the Placing Shares and Subscription Shares to trading on AIM, the Company has 738,362,921 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.

Capitalised terms in this announcement shall have the same meaning ascribed in the announcement made on 2 December 2021 unless the context requires otherwise.

Enquiries:

NOTES FOR EDITORS:

About Chariot

Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Power.

Chariot Transitional Gas is a high value, low risk gas development project with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power. Additionally in September 2021, Chariot announced its partnership with the Government of Mauritania for the potential development of a large-scale green hydrogen project.

The ordinary shares of Chariot Limited are admitted to trading on the AIM under the symbol 'CHAR'.