EBT Share Sale Completion and Director Dealing
RNS Number : 8478PSavannah Energy Plc07 August 20267 August 2026
Savannah Energy PLC
("Savannah" or "the Company")
EBT Share Sale Completion and Director Dealing
Further to its earlier announcement on 1 June 2026, the Company announces that Andrew Knott, the Company's Chief Executive Officer, has completed the purchase of 128,550,000 existing Ordinary Shares (the "Shares") from the Savannah Energy 2022 Trust, the Company's independently managed employee benefit trust (the "EBT").
Following completion of the purchase of the Shares, the relationship agreement (as detailed in the 1 June 2026 announcement) between the Company and Mr Knott has now become effective and all outstanding share options held by Mr Knott (totalling in aggregate options over 38,347,622 Ordinary Shares in the Company) have been cancelled.
The following table illustrates the effect of this transaction on Mr Knott's shareholding:
Existing Holding of Ordinary Shares
Additional Ordinary Shares
Resultant Holding of Ordinary Shares
Resultant holding (% of the share capital)
Total
292,764,370
128,550,000
421,314,370
20.2%
As at the date of this announcement, the EBT holds 77,151,993 Ordinary Shares. 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
Tennyson Securities (Joint Broker) +44 (0) 20 4530 9239
Peter Krens
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
GB00BP41S218
b)
Nature of transaction
Purchase of existing Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
6.8p
128,550,000
d)
Aggregated information
- Aggregated volume
- Price
128,550,000
6.8p
e)
Date of the transaction
7 August 2026
f)
Place of the transaction
Off market
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