Secondary Market & Director Deals Closed

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RNS Number : 1890N Savannah Energy Plc 30 December 2025  

30 December 2025   Savannah Energy PLC ("Savannah" or "the Company")   Completion of Secondary Market Transactions & Director Dealing Termination of Off-market Share Buyback Agreement   Following its earlier announcement on 30 December 2025, Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces the completion of a series of secondary market transactions in the Ordinary Shares of the Company and the associated termination of the off-market share buyback agreement previously announced on 22 October 2025 (the "Buyback Agreement"). Highlights ·     NIPCO has acquired, in aggregate, a further 148,314,064 Ordinary Shares through a series of secondary market trades thereby increasing NIPCO's shareholding to approximately 26.5% of the Company's current issued share capital; ·     The Company's CEO, Andrew Knott, has acquired 25,481,655 existing Ordinary Shares through a secondary market trade. Post this transaction, Mr Knott is interested in approximately 13.8% in the Company's current issued share capital; and ·     The parties to the Buyback Agreement relating to 143,565,582 existing Ordinary Shares held by certain shareholders (the "Buyback Shares") have agreed to its termination in order to facilitate the abovementioned secondary market trades involving all of the Buyback Shares. Please refer to the Company's announcement of earlier today for further information on the mechanics of the above secondary purchases.   The following table illustrates the effect of these transactions on Mr Knott's shareholding:  



Existing Holding of Ordinary Shares

Additional Ordinary Shares (acquired through the purchase of part of the Buyback Shares)

Resultant Holding of Ordinary Shares

Resultant holding as a % of the current share capital

Total

267,282,715

25,481,655

292,764,370

 13.8%

    The FCA notification, made in accordance with the requirements of MAR, is appended below.  

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

  Appendix 1     Director/PDMR Dealings  

1

Details of the person discharging board responsibilities

a)

Name

 Andrew Knott

2

Reason for the notification

a)

Position/status

 Chief Executive Officer

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 Identification code

 Ordinary shares of £0.001 each    GBOOBP41S218

b)

Nature of transaction

 Purchase of existing Ordinary Shares

c)

Price(s) and volume(s)

 Price(s)

 Volume(s)





8p  

25,481,655  

d)

Aggregated information -      Aggregated volume -      Price

  25,481,655 8p

e)

Date of the transaction

 30 December 2025  

f)

Place of the transaction

 London Stock Exchange, AIM

 

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