RNS Number : 6705A

Savannah Energy Plc

04 February 2022

4 February 2022

Savannah Energy PLC

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

Change of Admission Date

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, provides an update that, further to its announcement of 24 January 2022, the EBT Shares consisting of 58,066,951 new ordinary shares of 0.1p each in the capital of the Company are now expected to admit to trading on AIM at 8.00 a.m. on or around 11 February 2022 ("Admission").

Total Voting Rights

As stated in the Company's announcement of 24 January 2022, on Admission, the Company's issued share capital will comprise 1,306,098,819 Ordinary Shares. As the Company does not hold any shares in treasury, this figure of 1,306,098,819 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

                                               +44 (0) 20 3817 
 Savannah Energy                                9844 
 Andrew Knott, CEO 
 Nick Beattie, Deputy CFO 
 Sally Marshak, Head of IR & Communications 
                                                 +44 (0) 20 7409 
   Strand Hanson (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) Dow Jones Newswires

February 04, 2022 01:59 ET (06:59 GMT)

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