PDMR Dealings

RNS Number : 7696X

Savannah Energy Plc

07 January 2022

 

7 January 2022

Savannah Energy PLC

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

PDMR Dealings

Savannah Energy PLC, the British independent energy company focused around the delivery of  Projects that Matter  in Africa, announces the following dealings by certain persons discharging managerial responsibilities as part of the Subscription, as announced at 5.53 p.m. on 30 December 2021.

The information contained in this notification is disclosed in accordance with the requirements of Article 19 of the Market Abuse Regulation.

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Knott
2	Reason for the notification
a)	Position/status	E xecutive Director
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Savannah Energy PLC
b)	LEI	2138002YCJORSFH5YR43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.001 each  GBOOBP41S218
b)	Nature of transaction	Purchase
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		19.35p	11,613,390
d)	Aggregated information -  Aggregated volume -  Price	N/A, single transaction
e)	Date of the transaction	7 January 2022
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Steve Jenkins
2	Reason for the notification
a)	Position/status			Director
b)	Initial notification/Amendment			Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Savannah Energy PLC
b)	LEI			2138002YCJORSFH5YR43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code			Ordinary shares of £0.001 each  GBOOBP41S218
b)	Nature of transaction			Purchase
c)	Price(s) and volume(s)			Price(s)	Volume(s)
				19.35p	258,398
d)	Aggregated information -  Aggregated volume -  Price			N/A, single transaction
e)	Date of the transaction			7 January 2022
f)	Place of the transaction			London Stock Exchange
1		Details of the person discharging managerial responsibilities/person closely associated
a)		Name		Mark Iannotti
2		Reason for the notification
a)		Position/status		Director
b)		Initial notification/Amendment		Initial Notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Savannah Energy PLC
b)		LEI		2138002YCJORSFH5YR43
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)		Description of the financial instrument, type of instrument Identification code		Ordinary shares of £0.001 each   GBOOBP41S218
b)		Nature of transaction		Purchase
c)		Price(s) and volume(s)		Price(s)		Volume(s)
				19.35p		1,700,000
d)		Aggregated information -  Aggregated volume -  Price		N/A, single transaction
e)		Date of the transaction		7 January 2022
f)		Place of the transaction		London Stock Exchange
1			Details of the person discharging managerial responsibilities/person closely associated
a)			Name	Stephen O'Brien
2			Reason for the notification
a)			Position/status	Director
b)			Initial notification/Amendment	Initial Notification
3			Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)			Name	Savannah Energy PLC
b)			LEI	2138002YCJORSFH5YR43
4			Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)			Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.001 each  GBOOBP41S218
b)			Nature of transaction	Purchase
c)			Price(s) and volume(s)	Price(s)			Volume(s)
				19.35p			258,398
d)			Aggregated information -  Aggregated volume -  Price	N/A, single transaction
e)			Date of the transaction	7 January 2022
f)			Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Clarkson
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Savannah Energy PLC
b)	LEI	2138002YCJORSFH5YR43
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of £0.001 each  GBOOBP41S218
b)	Nature of transaction	Purchase
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		19.35p	516,796
d)	Aggregated information -  Aggregated volume -  Price	N/A, single transaction
e)	Date of the transaction	7 January 2022
f)	Place of the transaction	London Stock Exchange

Savannah Energy PLC	[phone]
Andrew Knott, CEO
Nick Beattie, I nterim  CFO
Sally Marshak, Head of IR & Communications
Strand Hanson Limited (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 .

 

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