Adonis Pouroulis Acquires Shares in Chariot Limited (LON:CHAR) as Stock Sees Movement – FTSE AIM 100 Index

Highlights

• Significant acquisition of shares in Chariot Limited (LON:CHAR)

• Chariot operates in the transitional energy sector across Africa

• The company is listed on the FTSE AIM 100 Index

Chariot Limited (LON:CHAR), a company listed on the FTSE AIM 100 Index, operates within the transitional energy sector. With a focus on African markets, Chariot maintains two distinct business units: Transitional Gas and Transitional Power. The company is involved in gas development activities and renewable energy initiatives, providing energy solutions in emerging markets where infrastructure growth is ongoing.

Share Transaction by Company Representative

On a recent trading day, shares of Chariot Limited were acquired in a large-volume transaction. The purchase was executed at a nominal cost per share, reflecting a direct equity interest in the company. This transaction was dated just before the latest market session and adds a notable change in the shareholding structure of Chariot.

Market Activity and Stock Performance

As of the latest trading day, Chariot’s stock opened at a value higher than the transaction price of the acquired shares. The company’s stock has recently moved within a narrow price range, showing slight changes compared to its averages over different time periods. The stock's movement remains within the context of broader market indicators, with the company’s market capitalisation and valuation metrics reflecting its current financial structure.

Company Operations and Project Focus

Chariot’s Transitional Gas division centres on an offshore development located in Morocco. This project is designed with an early monetisation framework, emphasizing efficiency in bringing production to market. The division is structured to contribute positive financial outcomes with a roadmap aligned to environmental standards.

In addition to gas initiatives, the Transitional Power segment targets renewable energy solutions tailored for business and industrial operations. These initiatives align with energy transition trends across the region, aiming to deliver sustainable power access through solar and other clean technologies.

Financial Structure and Key Ratios

Chariot Limited maintains a strong quick ratio, indicating its ability to meet short-term obligations. Its debt-to-equity profile shows leverage in capital deployment, with operational metrics underlining the company’s ongoing activities in capital-intensive energy infrastructure. Long-term positioning in transitional energy continues to shape its financial and strategic approach.

Position Within the FTSE Index Series

Chariot Limited is part of the FTSE AIM 100 Index, which includes UK-based companies focused on growth and innovation in various sectors. This placement reflects its operational scope in transitional energy and its engagement in advancing gas and power solutions in fast-developing regions.