REG - Savannah Energy Plc - Result of AGM

Savannah EnergyAnnouncement

28/06/2024 13:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240628:nRSb4085Ua&default-theme=true

RNS Number : 4085U  Savannah Energy Plc  28 June 2024

28 June 2024

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.                               828,054,148      99.18  6,859,758        0.82     34,697,342
 2.   To re-appoint BDO LLP as auditor of the Company.                         834,538,945      99.96  357,450          0.04     34,714,853
 3.   To authorise the Audit Committee to determine the remuneration of the    834,541,511      99.96  354,884          0.04     34,714,853
 auditor.
 4.   Re-election of Nicholas Beattie as Director.                             821,908,242      98.45  12,968,941       1.55     34,734,065
 5.   To authorise the Directors to allot Ordinary Shares.                     830,894,570      99.52  3,989,107        0.48     34,727,491
 6.   To authorise the Directors to disapply pre-emption rights.*              684,553,837      81.99  150,342,478      18.01    34,714,853
 7.   To approve the purchase of the Company's own shares.*                    831,997,987      99.65  2,902,979        0.35     34,710,202

 

*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 26 June 2024 was 1,312,194,545
          (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 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 (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 Gordon (UK) Ltd (Joint Broker)
            +44 (0) 20 7886 2500

Hugh Rich

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 ("MAR").

 

About Savannah Energy:

Savannah Energy PLC is a British independent energy company focused around the
delivery of Projects that Matter in Africa.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGQKFBNBBKDCAB