Result of AGM

Savannah Energy Plc
28 June 2024
 

28 June 2024

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.

828,054,148

99.18

6,859,758

0.82

34,697,342

2.   To re-appoint BDO LLP as auditor of the Company.

834,538,945

99.96

357,450

0.04

34,714,853

3.   To authorise the Audit Committee to determine the remuneration of the auditor.

834,541,511

99.96

354,884

0.04

34,714,853

4.   Re-election of Nicholas Beattie as Director.

821,908,242

98.45

12,968,941

1.55

34,734,065

5.   To authorise the Directors to allot Ordinary Shares.

830,894,570

99.52

3,989,107

0.48

34,727,491

6.   To authorise the Directors to disapply pre-emption rights.*

684,553,837

81.99

150,342,478

18.01

34,714,853

7.   To approve the purchase of the Company's own shares.*

831,997,987

99.65

2,902,979

0.35

34,710,202

 

*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 26 June 2024 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 refer to the Company's website www.savannah-energy.com or contact:

Savannah Energy                                                                    +44 (0) 20 3817 9844

Andrew Knott, CEO

Nick Beattie, CFO

Sally Marshak, Head of IR & Communications

 

Strand Hanson (Nominated Adviser)                         +44 (0) 20 7409 3494

James Spinney

Ritchie Balmer

Rob Patrick

 

Cavendish Capital Markets Ltd (Joint Broker)                      +44 (0) 20 7220 0500

Derrick Lee

Tim Redfern

 

Panmure Gordon (UK) Ltd (Joint Broker)                             +44 (0) 20 7886 2500

Hugh Rich

James Sinclair-Ford

 

Camarco                                                                                  +44 (0) 20 3757 4983

Billy Clegg

Owen Roberts

Violet Wilson

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR").

 

About Savannah Energy:  

Savannah Energy PLC is a British independent energy company focused around the delivery of Projects that Matter in Africa.

 

 

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