Source - LSE Regulatory
RNS Number : 8104D
Savannah Energy Plc
04 April 2025
 

4 April 2025

 

 

Savannah Energy PLC

("Savannah" or the "Company")

 

Director Dealing

 

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces that it has received notification that Mr Andrew Knott, Chief Executive Officer, has purchased 2,050,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 7.889 pence per share.

 

As a result of this purchase, Mr Knott's has a current interest in 144,250,919 Ordinary Shares, representing approximately 8.96% of the total voting rights of the Company. In addition, it should be noted, as previously announced in the Company's RNS of 4 March 2025, that Mr Knott intends to acquire an additional 25,598,929 Subscription shares by not later than 4 September 2025. Following which Mr Knott would have a resulting interest in 169,849,847 Ordinary Shares, representing approximately 9.71% of the total voting rights of the Company.

 

 

Notification of Transaction of Director, Persons Discharging Board Responsibilities 

 

1

Details of the person discharging board responsibilities

a)

Name

 Andrew Knott

2

Reason for the notification

a)

Position/status

 Chief Executive Officer

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)



 7.889p

 

 2,050,000

d)

Aggregated information

-      Aggregated volume

-      Price

 N/A, single transaction

e)

Date of the transaction

 4 April 2025

 

f)

Place of the transaction

 London Stock Exchange, AIM

 

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 Limited (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 Liberum Limited (Joint Broker)                                    +44 (0) 20 3100 2000

Scott Mathieson

James Sinclair-Ford

 

Camarco                                                                             +44 (0) 20 3757 4983

Billy Clegg

Owen Roberts

Violet Wilson

 

The information contained in this notification is disclosed in accordance with the requirements of Article 19(3) of the Market Abuse Regulation.

 

About Savannah:  

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

 

 

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END
 
 
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