Chariot Oil & Gas has raised funds
May 2021 — Chariot Oil & Gas Ltd. has completed a firm placing, subscription and open offer.
Chariot Oil & Gas is an independent oil and gas company focused on the Atlantic margins. It operates through the exploration of oil and gas, and corporate segments. The company was founded by Adonis Pouroulis in 2007 and is headquartered in St. Peter Port, UK.
Our role in the transaction
Oaklins Cavendish’s sister firm finnCap, based in the UK, in its role as NOMAD and joint broker, assisted Chariot Oil & Gas’ management team and shareholders all the way, from the start to the successful completion of the fundraising. During this process, the team initiated and advised on many aspects, including, among others, arranging an investor roadshow, drafting and preparing all necessary documentation, securing pre-commitments from cornerstone investors, deal structuring, liaising with the exchange where necessary, and the fundraising pricing and sizing.
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more