Result of AGM

RNS Number : 8436D

Savannah Petroleum PLC

28 June 2019

 

28 June 2019

Savannah Petroleum PLC

("Savannah" or "the Company")

Result of AGM

Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, held its Annual General Meeting (the "AGM") at 10.30 a.m. this morning.  Each of the resolutions put to the General Meeting was voted on by way of a poll, and the Company is pleased to announce that all resolutions proposed were approved by the shareholders, with results set out below.

	Votes For	% Votes Cast	Votes Against	% Votes Cast
Resolution 1	406,716,470	94.40	24,118,693	5.60
Resolution 2	574,230,228	99.97	168,610	0.03
Resolution 3	574,214,759	99.98	134,079	0.02
Resolution 4	422,246,999	73.51	152,151,839	26.49
Resolution 5	527,797,585	91.89	46,601,253	8.11
Resolution 6	571,128,838	99.43	3,270,000	0.57

Unless otherwise defined, capitalised terms in this announcement have the same meaning ascribed to them as in the Company's Circular and Notice of General Meeting which were posted to shareholders on 26 February 2019.

For further information contact:
Savannah Petroleum	[phone]
Andrew Knott, CEO
Isatou Semega-Janneh, CFO
Jessica Ross, VP Corporate Affairs
Strand Hanson (Nominated Adviser)	[phone]
Rory Murphy
James Spinney
Ritchie Balmer
Mirabaud (Joint Broker)	[phone]
Peter Krens
Ed Haig-Thomas
Hannam & Partners (Joint Broker)	[phone]
Neil Passmore Alejandro Demichelis
Hamish Clegg
Celicourt Communications	[phone]
Mark Antelme
Jimmy Lea Ollie Mills

The information contained within this announcement is considered to be inside information prior to its

release, as defined in Article 7 of the Market Abuse Regulation No.596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

Notes to Editors:

About Savannah Petroleum

Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs, which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger, acquired in 2014/15. The Company is in the process of acquiring interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and an interest in the Accugas midstream business in South East Nigeria from Seven Energy.

Further information on Savannah Petroleum PLC can be found on the Company's website: http://www.savannah-petroleum.com/en/index.php

 

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