Savannah Petroleum PLC Expiry of Warrants (5642P)

TIDMSAVP

RNS Number : 5642P

Savannah Petroleum PLC

11 February 2019

11 February 2019

Savannah Petroleum PLC

("Savannah" or "the Company")

Expiry of Warrants

Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, confirms that the Warrants which were issued in conjunction with the completion of the Company's Second Tranche Placing in relation to the acquisition of the Seven Energy Assets (as referenced in the Company's RNS dated 8 February 2018) have now expired. As such, there are no further Warrants outstanding.

Unless otherwise defined, capitalised terms in this announcement have the same meaning ascribed to them as in the Company's Admission Document dated 22 December 2017.

 
 For further information contact: 
 Savannah Petroleum                    [phone] 
 Andrew Knott, CEO 
 Isatou Semega-Janneh, CFO 
 Jessica Ross, VP Corporate Affairs 
 
 Strand Hanson (Nominated Adviser)     [phone] 
 Rory Murphy 
 James Spinney 
 Ritchie Balmer 
 
 Mirabaud (Joint Broker)               [phone] 
 Peter Krens 
 Ed Haig-Thomas 
 
 Hannam & Partners (Joint Broker)      [phone] 
 Neil Passmore 
  Alejandro Demichelis 
 Hamish Clegg 
 
 Celicourt Communications              [phone] 
 Mark Antelme 
 Jimmy Lea 
  Ollie Mills 
 

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 [e-mail] or visit www.rns.com.

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February 11, 2019 02:00 ET (07:00 GMT)