REG - Savannah Energy Plc - Result of AGM

Savannah EnergyAnnouncement

30/06/2022 14:00

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RNS Number : 8682Q  Savannah Energy Plc  30 June 2022

30 June 2022

Savannah Energy PLC

("Savannah" or "the Company")

 

Annual General Meeting ("AGM") Results

 

The Company announces that at its Annual General Meeting held earlier today
all the resolutions set out in the Notice of Annual General Meeting were
passed by way of a poll by the requisite majority.  The votes received in
relation to the resolutions were as follows:

 

 Resolution                                                                      For              For     Against          Against  Votes Withheld
 * indicates Special Resolution                                                  (No. of shares)  (%)     (No. of shares)  (%)      (No. of shares)
 1.   To receive the Annual Report and Accounts.                                 885,722,257      99.98   183,271          0.02     34,345,113
 2.   To appoint BDO LLP as auditor of the Company.                              886,007,575      100.00  2,566            0.00     34,240,500
 3.   To authorise the Audit and Risk Committee to determine the remuneration    886,010,141      100.00  0                0.00     34,240,500
 of the auditor.
 4.   To re-elect Andrew Knott as a Director of the Company.                     885,743,184      99.97   262,180          0.03     34,245,277
 5.   To re-elect Mark Iannotti as a Director of the Company.                    860,265,313      97.09   25,740,051       2.91     34,245,277
 6.   To re-elect Nick Beattie as a Director of the Company.                     885,743,184      99.97   262,180          0.03     34,245,277
 7.   To authorise the Directors to allot Ordinary Shares.                       885,170,073      99.93   656,797          0.07     34,423,771
 8.   To authorise the Directors to disapply pre-emption rights.*                875,819,589      98.85   10,180,552       1.15     34,250,500
 9.   To approve the purchase of the Company's own shares.*                      885,466,870      99.94   543,271          0.06     34,240,500
 10.  To adopt new Articles of Association.*                                     876,818,030      98.96   9,192,111        1.04     34,240,500

 

*Special Resolution

 NOTES:

 1.       All resolutions were passed.

 2.       Proxy appointments which gave discretion to the Chairman of the AGM have been
          included in the "For" total for the appropriate resolution.

 3.       A "Vote withheld" is not a vote in law and is not counted in the calculation
          of the percentage of shares voted "For" or "Against" any resolution.

 4.       The number of shares in issue at 6:00 p.m. on 28 June 2022 was 1,306,098,819
          (the "Share Capital") and, at that time, the Company did not hold any shares
          in treasury.

 5.       The full text of the resolutions passed at the AGM can be found in the Notice
          of Annual General Meeting which is available on the Company's website at
          www.savannah-energy.com (http://www.savannah-energy.com) .

 

For further information, please contact:

     Savannah Energy                                                             +44 (0) 20 3817 9844
     Andrew Knott, CEO
     Nick Beattie, CFO
     Sally Marshak, Head of IR & Communications

     Strand Hanson (Nominated Adviser)                                           +44 (0) 20 7409 3494
     James Spinney
     Ritchie Balmer
     Rob Patrick

     finnCap Ltd (Joint                                                                             +44 (0) 20 7220 0500
     Broker)

     Christopher Raggett

     Tim Redfern

     Panmure Gordon (UK) Ltd (Joint                                                                 +44 (0) 20 7886 2500
     Broker)

     John Prior

     Hugo 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 quoted British independent energy company
focused around the delivery of Projects that Matter in Africa and is active in
Cameroon, Chad, Niger and Nigeria.

 

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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