Chariot Announces Share Consolidation Amid Strategic Shift to Upstream Oil and Gas
Chariot Ltd (AIM:CHAR, OTC:OIGLF) plans a 25-for-1 share consolidation ahead of its annual general meeting on September 22. The move aims to reduce volatility by increasing the rebased share price from 1p to 25p per share and aligns with the company's refocus toward upstream oil and gas, particularly in Angola.
Topics: Angola focus energy sector shift stock restructuring