Response to Media Reports

RNS Number : 9864G

Chariot Limited

21 November 2022

 

21 November 2022

Chariot Limited

("Chariot" or the "Company")

Response to Media Reports

Chariot Limited, the Africa focused transitional energy group, notes recent media reports on a workshop held recently between the Company and representatives of various ministries and institutions of the Government of Morocco regarding the roadmap for the development of the Anchois gas field, offshore Morocco. The workshop was held as a closed meeting. The information therefore contained in the media reports solely represents the views of the authors.

Chariot will keep the market updated as development plans continue to progress, but, as previously disclosed, the Company confirms the project remains on track and that all parties are working collaboratively to ensure the timely delivery of the Anchois development, a significant project for Morocco, for the benefit of all stakeholders.

Enquiries

Chariot Limited Adonis Pouroulis, CEO Julian Maurice-Williams, CFO	[phone]
Cenkos Securities Plc (Nomad and Joint Broker) Derrick Lee, Adam Rae (Corporate Finance) Peel Hunt LLP (Joint Broker) Richard Crichton, David McKeown	[phone] [phone]
Celicourt Communications  (Financial PR) Mark Antelme, Jimmy Lea	[phone]

NOTES FOR EDITORS:

About Chariot

Chariot is an African focussed transitional energy group with three business streams, Transitional Gas and Transitional Power and Green Hydrogen.

Chariot Transitional Gas is a high value, low risk gas development project offshore Morocco 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 is looking to transform the energy market in Southern Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power.

Chariot Green Hydrogen is partnering with Total Eren and the Government of Mauritania on the potential development of a 10GW green hydrogen project, Project Nour. Further large-scale green hydrogen opportunities are also being evaluated.

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

 

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