Result of AGM

Savannah Energy Plc

30 June 2023

 

30 June 2023

Savannah Energy PLC

("Savannah" or "the Company")

Annual General Meeting ("AGM") Results

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by way of a poll by the requisite majority.  The votes received in relation to the resolutions were as follows:

Resolution	For	For	Against	Against	Votes Withheld
* indicates Special Resolution	(No. of shares)	(%)	(No. of shares)	(%)	(No. of shares)
1.   To receive the Annual Report and Accounts.	760,604,196	99.16	6,457,499	0.84	115,771,583
2.   To re-appoint BDO LLP as auditor of the Company.	851,719,639	100.00	31,566	0.00	31,082,073
3.   To authorise the Audit Committee to determine the remuneration of the auditor.	851,734,205	100.00	17,000	0.00	31,082,073
4.   To re-elect Sarah Clark as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
5.   To re-elect David Clarkson as a Director of the Company.	824,922,551	96.85	26,798,473	3.15	31,112,254
6.   To re-elect Dr Djamila Ferdjani as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
7.   To re-elect Dr Djamila Ferdjani as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
8.   To re-elect Joseph Pagop Noupoué as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
9.   To re-elect Sir Stephen O'Brien as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
10.  To re-elect Sylvie Rucar as a Director of the Company.	851,704,024	100.00	17,000	0.00	31,112,254
11.  To authorise the Directors to allot Ordinary Shares.	851,266,744	99.98	191,425	0.02	31,375,109
12.  To authorise the Directors to disapply pre-emption rights.*	797,955,184	93.68	53,790,183	6.32	31,087,911
13.  To approve the purchase of the Company's own shares.*	851,222,512	99.94	523,855	0.06	31,086,911

*Special Resolution

NOTES:
1.	All resolutions were passed.
2.	Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.
3.	A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.
4.	The number of shares in issue at 6:00 p.m. on 28 June 2023 was 1,312,194,545 (the "Share Capital") and, at that time, the Company did not hold any shares in treasury.
5.	The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.savannah-energy.com.

For further information, please contact:

Savannah Energy

[phone]

Andrew Knott, CEO

Nick Beattie, 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 Hugo Rich James Sinclair-Ford

[phone]

Camarco

[phone]

Billy Clegg Owen Roberts Violet Wilson

About Savannah Energy:  

Savannah Energy PLC is an AIM quoted British independent energy company focused around the delivery of Projects that Matter, active in Cameroon, Niger and Nigeria. Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com.

 

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