TIDMSAVE

RNS Number : 7696X

Savannah Energy Plc

07 January 2022

7 January 2022

Savannah Energy PLC

("Savannah", the "Company" or the "Group")

PDMR Dealings

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, announces the following dealings by certain persons discharging managerial responsibilities as part of the Subscription, as announced at 5.53 p.m. on 30 December 2021.

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

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 
1    Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name                                      Andrew Knott 
2    Reason for the notification 
a)   Position/status                           E xecutive Director 
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                        Ordinary shares of GBP0.001 each 
      financial instrument, 
      type of instrument                        GBOOBP41S218 
      Identification code 
b)   Nature of transaction                     Purchase 
c)   Price(s) and volume(s)                    Price(s)             Volume(s) 
                                                     19.35p         11,613,390 
d)   Aggregated information                    N/A, single transaction 
      - Aggregated volume 
      - Price 
e)   Date of the transaction                   7 January 2022 
f)   Place of the transaction                  London Stock Exchange 
 
 
1    Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name                                Steve Jenkins 
2    Reason for the notification 
a)   Position/status                     Director 
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                  Ordinary shares of GBP0.001 each 
      financial instrument, 
      type of instrument                  GBOOBP41S218 
      Identification code 
b)   Nature of transaction               Purchase 
c)   Price(s) and volume(s)              Price(s)       Volume(s) 
                                               19.35p   258,398 
d)   Aggregated information              N/A, single transaction 
      - Aggregated volume 
      - Price 
e)   Date of the transaction             7 January 2022 
f)   Place of the transaction            London Stock Exchange 
1     Details of the person discharging managerial responsibilities/person 
       closely associated 
a)    Name                               Mark Iannotti 
2     Reason for the notification 
a)    Position/status                    Director 
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                 Ordinary shares of GBP0.001 each 
       financial instrument,              GBOOBP41S218 
       type of instrument 
       Identification code 
b)    Nature of transaction              Purchase 
c)    Price(s) and volume(s)             Price(s)        Volume(s) 
                                               19.35p          1,700,000 
d)    Aggregated information             N/A, single transaction 
       - Aggregated volume 
       - Price 
e)    Date of the transaction            7 January 2022 
f)    Place of the transaction           London Stock Exchange 
1      Details of the person discharging managerial responsibilities/person 
        closely associated 
a)     Name                              Stephen O'Brien 
2      Reason for the notification 
a)     Position/status                   Director 
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                Ordinary shares of GBP0.001 each 
        financial instrument, 
        type of instrument                GBOOBP41S218 
        Identification code 
b)     Nature of transaction             Purchase 
c)     Price(s) and volume(s)            Price(s)         Volume(s) 
                                               19.35p           258,398 
d)     Aggregated information            N/A, single transaction 
        - Aggregated volume 
        - Price 
e)     Date of the transaction           7 January 2022 
f)     Place of the transaction          London Stock Exchange 
 
 
 
1    Details of the person discharging managerial responsibilities/person 
      closely associated 
a)   Name                                 David Clarkson 
2    Reason for the notification 
a)   Position/status                      Director 
b)   Initial notification/                Initial Notification 
      Amendment 
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                   Ordinary shares of GBP0.001 each 
      financial instrument, 
      type of instrument                   GBOOBP41S218 
      Identification code 
b)   Nature of transaction                Purchase 
c)   Price(s) and volume(s)               Price(s)           Volume(s) 
                                                19.35p             516,796 
d)   Aggregated information               N/A, single transaction 
      - Aggregated volume 
      - Price 
e)   Date of the transaction              7 January 2022 
f)   Place of the transaction             London Stock Exchange 
 
 
 
                                               +44 (0) 20 3817 
   Savannah Energy PLC                          9844 
 Andrew Knott, CEO 
 Nick Beattie, I nterim CFO 
 Sally Marshak, Head of IR & Communications 
 
                                               +44 (0) 20 7409 
 Strand Hanson Limited (Nominated Adviser)      3494 
 James Spinney 
 Ritchie Balmer 
 Rob Patrick 
 
 finnCap Ltd (Joint Broker) 
  Christopher Raggett                          +44 (0) 20 7220 
  Tim Redfern                                   0500 
 
 Panmure Gordon (UK) Ltd (Joint Broker) 
  John Prior 
  Hugh Rich                                    +44 (0) 20 7886 
  James Sinclair-Ford                           2500 
 
                                               +44 (0) 20 3757 
 Camarco                                        4983 
 Billy Clegg 
  Owen Roberts 
  Violet Wilson 
 

About Savannah Energy:

Savannah Energy PLC is an AIM listed British independent energy company focused around the delivery of Projects that Matter in Africa. In Nigeria, the Company has controlling interests in the cash flow generative Uquo and Stubb Creek oil and gas fields, and the Accugas midstream business in South East Nigeria, which provides gas enabling over 10% of Nigeria's thermal power generation. In Niger, the Company has licence interests covering approximately 50% of the highly oil prolific Agadem Rift Basin of South East Niger, where the Company has made five oil discoveries and seismically identified a large exploration prospect inventory consisting of 146 exploration targets to be considered for potential future drilling activity. The Company has announced that it is in the process of acquiring a portfolio of upstream and midstream assets in Chad and Cameroon.

Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com .

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END

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(END) Dow Jones Newswires

January 07, 2022 03:18 ET (08:18 GMT)

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