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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Savannah Energy Plc | LSE:SAVE | London | Ordinary Share | GB00BP41S218 | ORD GBP0.001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 26.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Drilling Oil And Gas Wells | 212.5M | -60.87M | -0.0466 | -5.63 | 342.85M |
TIDMSAVP
RNS Number : 8997S
Savannah Petroleum PLC
14 March 2019
14 March 2019
Savannah Petroleum PLC
("Savannah" or "the Company")
Result of General Meeting
Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, held a general meeting (the "General Meeting") at 10.30 a.m. this morning to approve, inter alia, the issue of Consideration Shares in relation to the Seven Energy Transaction. Each of the resolutions put to the General Meeting was voted on by way of a poll, and the Company is pleased to announce that all resolutions proposed were approved by the shareholders, with results set out below.
Votes For % Votes Cast Votes Against % Votes Cast Resolution 1 593,519,293 99.85 899,535 0.15 ----------------- ------------------ ------------------- ------------------ Resolution 2 593,519,293 99.85 899,535 0.15 ----------------- ------------------ ------------------- ------------------ Resolution 3 593,514,762 99.85 904,066 0.15 ----------------- ------------------ ------------------- ------------------ Resolution 4 542,948,152 91.34 51,470,676 8.66 ----------------- ------------------ ------------------- ------------------
Unless otherwise defined, capitalised terms in this announcement have the same meaning ascribed to them as in the Company's Circular and Notice of General Meeting which were posted to shareholders on 26 February 2019.
For further information contact: Savannah Petroleum +44 (0) 20 3817 9844 Andrew Knott, CEO Isatou Semega-Janneh, CFO Jessica Ross, VP Corporate Affairs Strand Hanson (Nominated Adviser) +44 (0) 20 7409 3494 Rory Murphy James Spinney Ritchie Balmer Mirabaud (Joint Broker) +44 (0) 20 7878 3362 Peter Krens Ed Haig-Thomas Hannam & Partners (Joint Broker) +44 (0) 20 7907 8500 Neil Passmore Alejandro Demichelis Hamish Clegg Celicourt Communications +44 (0) 20 7520 9266 Mark Antelme Jimmy Lea Ollie Mills
The information contained within this announcement is considered to be inside information prior to its
release, as defined in Article 7 of the Market Abuse Regulation No.596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Notes to Editors:
About Savannah Petroleum
Savannah Petroleum PLC is an AIM listed oil and gas company with exploration and production assets in Niger and Nigeria. Savannah's flagship assets include the R1/R2 and R3/R4 PSCs, which cover c.50% of the highly prospective Agadem Rift Basin ("ARB") of South East Niger, acquired in 2014/15. The Company is in the process of acquiring interests in the cash flow generative Uquo and Stubb Creek oil and gas fields and an interest in the Accugas midstream business in South East Nigeria from Seven Energy.
Further information on Savannah Petroleum PLC can be found on the Company's website: http://www.savannah-petroleum.com/en/index.php
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.
END
ROMLLFLLVIISLIA
(END) Dow Jones Newswires
March 14, 2019 07:14 ET (11:14 GMT)
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