REG - Savannah Energy Plc - Equity Subscription Update

Savannah EnergyAnnouncement

04/09/2025 16:30

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RNS Number : 0925Y  Savannah Energy Plc  04 September 2025

 

4 September 2025

Savannah Energy PLC

("Savannah" or "the Company")

 

Equity Subscription Update

Further to its announcement on 4 March 2025 regarding a fundraising, the
Company advises that, due to the ongoing suspension of its Ordinary shares
from trading on AIM, the Company has agreed that the final tranche of
138,977,614 Subscription Shares, which was due to be issued by close of
business today, is now expected to be issued no later than 10 business days
after the restoration to trading on AIM of the Company's existing Ordinary
Shares. As announced on 27 August 2025, the Company expects to publish its FY
2024 audited annual accounts this month, following which restoration to
trading on AIM is expected to occur thereafter.

Following the issuance and admission of these Subscription Shares to trading
on AIM, the Company will have 1,749,592,726 Ordinary Shares in issue.

 

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

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018, as amended.

 

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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