Savannah Energy Plc Resignation of Joint Broker (0117T)

TIDMSAVE

RNS Number : 0117T

Savannah Energy Plc

15 July 2020

15 July 2020

Savannah Energy PLC

("Savannah" or "the Company")

Resignation of Joint Broker

Savannah Energy PLC, the British independent energy company focused around activities in Nigeria and Niger, announces that, due to the exit of Numis Securities Limited ("Numis") from the natural resources sector, Numis will cease to act as the Company's Joint Broker with immediate effect. Mirabaud Securities Limited ("Mirabaud"), previously Joint Broker to the Company with Numis, will now act as Savannah's Sole Broker.

For further information, please refer to the Company's website www.savannah-energy.com or contact:

 
                                      [phone] 
 Savannah Energy                       9844 
 Andrew Knott, CEO 
 Isatou Semega-Janneh, CFO 
 Sally Marshak, Communications 
  Consultant 
 
                                      [phone] 
 Strand Hanson (Nominated Adviser)     3494 
 James Spinney 
 Ritchie Balmer 
 Rory Murphy 
 
                                      [phone] 
 Mirabaud (Sole Broker)                3362 
 Peter Krens 
 Ed Haig-Thomas 
 
                                      [phone] 
 Celicourt Communications              2754 
 Mark Antelme 
 Jimmy Lea 
  Ollie Mills 
 

About Savannah Energy:

Savannah Energy PLC is an AIM listed energy company with exploration and production assets in Nigeria and Niger. In Nigeria, the Company has controlling interests in the cash flow generative Uquo and Stubb Creek oil and gas fields, and the Accugas midstream business in South East Nigeria, which provides gas to approximately 10% of Nigeria's available power generation capacity. In Niger, the Company has interests in two large PSC areas located in the highly oil prolific Agadem Rift Basin of South East Niger, where the Company has made five oil discoveries and seismically identified a large exploration prospect inventory, consisting of 146 prospects and leads to be considered for potential future drilling activity.

Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com.

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July 15, 2020 02:00 ET (06:00 GMT)