Portfolio

Secondary Market & Director Deals Closed

By Sharecast

Date: Tuesday 30 Dec 2025






RNS Number : 1890N
Savannah Energy Plc
30 December 2025
 



30 December 2025


 


Savannah Energy PLC


("Savannah" or "the Company")


 


Completion of Secondary Market Transactions & Director Dealing


Termination of Off-market Share Buyback Agreement


 


Following its earlier announcement on 30 December 2025, Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces the completion of a series of secondary market transactions in the Ordinary Shares of the Company and the associated termination of the off-market share buyback agreement previously announced on 22 October 2025 (the "Buyback Agreement").


Highlights


·     NIPCO has acquired, in aggregate, a further 148,314,064 Ordinary Shares through a series of secondary market trades thereby increasing NIPCO's shareholding to approximately 26.5% of the Company's current issued share capital;


·     The Company's CEO, Andrew Knott, has acquired 25,481,655 existing Ordinary Shares through a secondary market trade. Post this transaction, Mr Knott is interested in approximately 13.8% in the Company's current issued share capital; and


·     The parties to the Buyback Agreement relating to 143,565,582 existing Ordinary Shares held by certain shareholders (the "Buyback Shares") have agreed to its termination in order to facilitate the abovementioned secondary market trades involving all of the Buyback Shares.


Please refer to the Company's announcement of earlier today for further information on the mechanics of the above secondary purchases.


 


The following table illustrates the effect of these transactions on Mr Knott's shareholding:


 























Existing Holding of Ordinary Shares



Additional Ordinary Shares (acquired through the purchase of part of the Buyback Shares)



Resultant Holding of Ordinary Shares



Resultant holding as a % of the current share capital



Total



267,282,715



25,481,655



292,764,370



 13.8%



 


 


The FCA notification, made in accordance with the requirements of MAR, is appended below.


 






 


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


 


About Savannah:  


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


 


 






 


Appendix 1


 


 


Director/PDMR Dealings


 




















































































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 of existing Ordinary Shares



c)



Price(s) and volume(s)



 Price(s)



 Volume(s)









8p


 



25,481,655


 



d)



Aggregated information


-      Aggregated volume


-      Price



 


25,481,655


8p



e)



Date of the transaction



 30 December 2025


 



f)



Place of the transaction



 London Stock Exchange, AIM



 






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