Savannah Energy Plc Result of AGM (6066E)

TIDMSAVE

RNS Number : 6066E

Savannah Energy Plc

30 June 2023

30 June 2023

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                   (No. of      (%)      (No. of       (%)     (No. of shares) 
  Resolution                           shares)                shares) 
                                    ------------  -------  -----------  --------  ---------------- 
      1. To receive the Annual 
       Report and Accounts.          760,604,196   99.16    6,457,499     0.84       115,771,583 
                                    ------------  -------  -----------  --------  ---------------- 
      2. To re-appoint BDO 
       LLP as auditor of the 
       Company.                      851,719,639   100.00     31,566      0.00       31,082,073 
                                    ------------  -------  -----------  --------  ---------------- 
      3. To authorise the 
       Audit Committee to 
       determine the remuneration 
       of the auditor.               851,734,205   100.00     17,000      0.00       31,082,073 
                                    ------------  -------  -----------  --------  ---------------- 
      4. To re-elect Sarah 
       Clark as a Director 
       of the Company.               851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      5. To re-elect David 
       Clarkson as a Director 
       of the Company.               824,922,551   96.85    26,798,473    3.15       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      6. To re-elect Dr Djamila 
       Ferdjani as a Director 
       of the Company.               851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      7. To re-elect Dr Djamila 
       Ferdjani as a Director 
       of the Company.               851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      8. To re-elect Joseph 
       Pagop Noupoué 
       as a Director of the 
       Company.                      851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      9. To re-elect Sir 
       Stephen O'Brien as 
       a Director of the Company.    851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      10. To re-elect Sylvie 
       Rucar as a Director 
       of the Company.               851,704,024   100.00     17,000      0.00       31,112,254 
                                    ------------  -------  -----------  --------  ---------------- 
      11. To authorise the 
       Directors to allot 
       Ordinary Shares.              851,266,744   99.98     191,425      0.02       31,375,109 
                                    ------------  -------  -----------  --------  ---------------- 
      12. To authorise the 
       Directors to disapply 
       pre-emption rights.*          797,955,184   93.68    53,790,183    6.32       31,087,911 
                                    ------------  -------  -----------  --------  ---------------- 
      13. To approve the 
       purchase of the Company's 
       own shares.*                  851,222,512   99.94     523,855      0.06       31,086,911 
                                    ------------  -------  -----------  --------  ---------------- 
 

*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 
             2023 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 
             . 
 

For further information, please contact:

 
  Savannah Energy                                           [phone] 
  Andrew Knott, CEO 
  Nick Beattie, CFO 
  Sally Marshak, Head of IR & Communications 
 
  Strand Hanson (Nominated Adviser)                         [phone] 
  James Spinney 
  Ritchie Balmer 
  Rob Patrick 
 
  finnCap Ltd (Joint Broker) 
   Christopher Raggett                                            [phone] 
   Tim Redfern                                                     0500 
 
  Panmure Gordon (UK) Ltd (Joint Broker) 
   John Prior 
   Hugo Rich                                                      [phone] 
   James Sinclair-Ford                                             2500 
 
  Camarco                                                         [phone] 
  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, active in Cameroon, Niger and Nigeria. Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com .

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June 30, 2023 09:50 ET (13:50 GMT)