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REG - Savannah Energy Plc - Holding(s) in Company

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RNS Number : 3620Q  Savannah Energy Plc  27 June 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BP41S218

Issuer Name

SAVANNAH ENERGY PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Aggregate of abrdn plc affiliated investment management entities with
delegated voting rights on behalf of multiple managed portfolios

City of registered office (if applicable)

Edinburgh

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

24-Jun-2022

6. Date on which Issuer notified

27-Jun-2022

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  10.947593                                             0.000000                                                                   10.947593                       142,986,388
 Position of previous notification (if applicable)                          11.772386                                             0.000000                                                                   11.772386

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BP41S218                                 0                                        142,986,388                                  0.000000                            10.947593
 Sub Total 8.A                                142,986,388                                                                           10.947593

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking        % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                than the notifiable threshold
 abrdn plc
 abrdn plc                    abrdn Investments (Holdings) Limited
 abrdn plc                    Ignis Asset Management Limited
 abrdn plc                    Ignis Investment Services Limited     6.455564                                                                    0.000000                                                                    6.455564

 abrdn plc
 abrdn plc                    abrdn Investments (Holdings) Limited
 abrdn plc                    abrdn Investment Management Limited

 abrdn plc
 abrdn plc                    abrdn Investments (Holdings) Limited
 abrdn plc                    abrdn Capital Limited

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

In reference to section 9, the shares detailed are managed by the named
discretionary investment management entity within multiple portfolios on
behalf of underlying clients, based on investment management agreements
whereby the client has delegated the exercise of the voting power to the
referenced investment manager.

This disclosure also reflects the fact that the voting rights effectively held
indirectly by the underlying intermediate holding company abrdn Investments
(Holdings) Limited ("aIHL") decreased above the 11% notifiable threshold due
to an in-specie transfer on 24 June 2022. aIHL now effectively holds the
delegated voting rights to 10.947593% of the shares in Savannah Energy PLC.
Prior to this crossing, aIHL effectively held 11.747652% of the delegated
voting rights.

12. Date of Completion

27-Jun-2022

13. Place Of Completion

Aberdeen, United Kingdom

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