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19 May 2025 16:47:31
- Source: Sharecast
19 May 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 1,540,000 ordinary shares in the Company ("Ordinary Shares") at a price of approximately 6.5 pence per Ordinary Share. The trade was executed by Mr Knott's broker today following his placement of a limit order on 7 April 2025.
As a result of this purchase, Mr Knott has an interest in 145,790,919 Ordinary Shares, representing approximately 9.05% 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 171,389,848 Ordinary Shares, representing approximately 10.64% of the total voting rights of the Company.
Notification of Transaction of Director, Persons Discharging Managerial Responsibilities
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1 |
Details of the person discharging managerial responsibilities |
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a) |
Name |
Andrew Knott |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Savannah Energy PLC |
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b) |
LEI |
2138002YCJORSFH5YR43 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of £0.001 each |
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Identification code |
GBOOBP41S218 |
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b) |
Nature of the transaction |
Purchase of Ordinary Shares |
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c) |
Price(s) and volume(s) |
£0.06483
1,540,000 shares |
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d) |
Aggregated information |
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- Aggregated volume |
N/A, single transaction |
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- Price |
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e) |
Date of the transaction |
Limit order placed: 7 April 2025 Trade executed: 19 May 2025
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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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 provided 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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