Change of Admission Date

RNS Number : 6705A

Savannah Energy Plc

04 February 2022

 

4 February 2022

Savannah Energy PLC

("Savannah", the "Company" or the "Group")

Change of Admission Date

Savannah Energy PLC, the British independent energy company focused around the delivery of  Projects that Matter  in Africa, provides an update that, further to its announcement of 24 January 2022, the EBT Shares consisting of 58,066,951 new ordinary shares of 0.1p each in the capital of the Company are now expected to admit to trading on AIM at 8.00 a.m. on or around 11 February 2022 ("Admission").

Total Voting Rights

As stated in the Company's announcement of 24 January 2022, on Admission, the Company's issued share capital will comprise 1,306,098,819 Ordinary Shares. As the Company does not hold any shares in treasury, this figure of 1,306,098,819 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

Savannah Energy	[phone]
Andrew Knott, CEO
Nick Beattie, Deputy CFO
Sally Marshak, Head of IR & Communications
Strand Hanson (Nominated Adviser)	[phone]
James Spinney
Ritchie Balmer
Rob Patrick
finnCap Ltd (Joint Broker)  Christopher Raggett Tim Redfern	[phone]
Panmure Gordon (UK) Ltd (Joint Broker)  John Prior Hugh Rich James Sinclair-Ford	[phone]
Camarco	[phone]
Billy Clegg Owen Roberts Violet Wilson

About Savannah Energy:

Savannah Energy PLC is an AIM listed British independent energy company focused around the delivery of  Projects that Matter  in Africa. In Nigeria, the Company has controlling interests in the cash flow generative Uquo and Stubb Creek oil and gas fields, and the Accugas midstream business in South East Nigeria, which provides gas enabling over 10% of Nigeria's thermal power generation. In Niger, the Company has licence interests covering approximately 50% of the highly oil prolific Agadem Rift Basin of South East Niger, where the Company has made five oil discoveries and seismically identified a large exploration prospect inventory consisting of 146 exploration targets to be considered for potential future drilling activity. The Company has announced that it is in the process of acquiring a portfolio of upstream and midstream assets in Chad and Cameroon.

Further information on Savannah Energy PLC can be found on the Company's website:  www.savannah-energy.com .

 

END

 

 

MSCSSLFWDEESEIE