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Chariot Limited is an LSE AIM listed transitional energy company that focuses on developing energy projects, primarily in Africa, across natural gas, renewable power, and green hydrogen.

Its activities include offshore gas development (including projects in Morocco), renewable energy generation and trading (such as wind and solar), and partnerships to develop large-scale green hydrogen projects.

Placing & Subscription and Open Offer

On 19th February 2026, the Company announced that it has conditionally raised net proceeds of US$20 million (£14.8 million), comprising gross proceeds of US$21.4 million (£15.9 million) less expenses, through the successful oversubscribed Placing of, and Subscription for, 1,132,275,133 New Ordinary Shares, in each case at the Issue Price of 1.4 pence per Ordinary Share.

In addition, the Company proposes to raise up to approximately a further US$4 million (approximately £3 million) by the issue of New Ordinary Shares pursuant to an Open Offer to Qualifying Shareholders at the Issue Price on the basis of 1 Open Offer Share for every 7 Existing Ordinary Shares held on the Record Date.

Having helped Chariot with the production of the documentation for their previous fundraising in June 2025 and with the production of their annual report, the Perivan shareholder communications team was delighted to be appointed to produce the documentation, which included the provision of the Engage data room platform, which was utilised for the secure proof distribution and was successfully completed and posted to qualifying shareholders on 23rd February 2026.

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Perivan specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies and are a market leader in the production of documentation relating to corporate finance transactions.