REG - Savannah Energy Plc - PDMR Dealings
07/01/2022 08:20
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RNS Number : 7696X Savannah Energy Plc 07 January 2022
7 January 2022
Savannah Energy PLC
("Savannah", the "Company" or the "Group")
PDMR Dealings
Savannah Energy PLC, the British independent energy company focused around the
delivery of Projects that Matter in Africa, announces the following
dealings by certain persons discharging managerial responsibilities as part of
the Subscription, as announced at 5.53 p.m. on 30 December 2021.
The information contained in this notification is disclosed in accordance with
the requirements of Article 19 of the Market Abuse Regulation.
Notification of Transactions of Directors, Persons Discharging Managerial
Responsibilities ("PDMRs") and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Knott
2 Reason for the notification
a) Position/status Executive Director
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 Ordinary shares of £0.001 each
Identification code
GBOOBP41S218
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
19.35p 11,613,390
d) Aggregated information N/A, single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 January 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Steve Jenkins
2 Reason for the notification
a) Position/status Director
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 Ordinary shares of £0.001 each
Identification code
GBOOBP41S218
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
19.35p 258,398
d) Aggregated information N/A, single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 January 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Mark Iannotti
2 Reason for the notification
a) Position/status Director
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 Ordinary shares of £0.001 each
Identification code GBOOBP41S218
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
19.35p 1,700,000
d) Aggregated information N/A, single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 January 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Stephen O'Brien
2 Reason for the notification
a) Position/status Director
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 Ordinary shares of £0.001 each
Identification code
GBOOBP41S218
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
19.35p 258,398
d) Aggregated information N/A, single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 January 2022
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David Clarkson
2 Reason for the notification
a) Position/status Director
b) Initial notification/ Initial Notification
Amendment
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 Ordinary shares of £0.001 each
Identification code
GBOOBP41S218
b) Nature of transaction Purchase
c) Price(s) and volume(s) Price(s) Volume(s)
19.35p 516,796
d) Aggregated information N/A, single transaction
- Aggregated volume
- Price
e) Date of the transaction 7 January 2022
f) Place of the transaction London Stock Exchange
+44 (0) 20 3817 9844
Savannah Energy PLC
Andrew Knott, CEO
Nick Beattie, Interim CFO
Sally Marshak, Head of IR & Communications
Strand Hanson Limited (Nominated Adviser) +44 (0) 20 7409 3494
James Spinney
Ritchie Balmer
Rob Patrick
finnCap Ltd (Joint Broker) +44 (0) 20 7220 0500
Christopher Raggett
Tim Redfern
Panmure Gordon (UK) Ltd (Joint Broker) +44 (0) 20 7886 2500
John Prior
Hugh Rich
James Sinclair-Ford
Camarco +44 (0) 20 3757 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 (http://www.savannah-energy.com/) .
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