SAVANNAH ENERGY PLC

Delisting Announcement • Mar 28, 2024

National Storage Mechanism | Additional information

RNS Number : 7808I

Savannah Energy Plc

28 March 2024

28 March 2024

Savannah Energy PLC

("Savannah" or "the Company")

South Sudan Acquisition Update

Further to the Company's announcement on 1 February 2024, the Company confirms that it remains suspended from trading on AIM, with a revised cancellation date of 17 May 2024, whilst it continues to advance the various workstreams, including receipt of in-country approvals, required to complete the acquisition of PETRONAS International Corporation Limited's energy business in South Sudan.

The Company will provide a more detailed update regarding the ongoing process to complete the transaction during the course of next week.

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 or visit 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.

END

UPDEASDPAFSLEFA