We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Savannah Petroleum Plc | LSE:SAVP | 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% | 8.90 | 8.16 | 8.98 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSAVE
RNS Number : 6022J
Savannah Energy Plc
13 December 2022
13 December 2022
Savannah Energy PLC
("Savannah", the "Company" or the "Group")
Termination of SPA for PETRONAS' Chad and Cameroon portfolio
On 13 December 2021, Savannah announced that it had entered into a Share Purchase Agreement ("SPA") with PETRONAS (E&P) Overseas Ventures SDN. BHD. ("PETRONAS") to acquire PETRONAS' upstream and midstream asset portfolio in Chad and Cameroon. Completion of the proposed acquisition remained subject to satisfaction of certain conditions precedent which have not yet been satisfied, and Savannah and PETRONAS have, therefore, mutually agreed to terminate the SPA with immediate effect.
For further information, please contact:
+44 (0) 20 3817 Savannah Energy 9844 Andrew Knott, CEO Nick Beattie, CFO Sally Marshak, Head of IR & Communications +44 (0) 20 7409 Strand Hanson (Nominated Adviser) 3494 James Spinney Ritchie Balmer Rob Patrick finnCap Ltd (Joint Broker) Christopher Raggett +44 (0) 20 7220 Tim Redfern 0500 Panmure Gordon (UK) Ltd (Joint Broker) John Prior +44 (0) 20 7886 Hugh Rich 2500 +44 (0) 20 3757 Camarco 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 ("MAR").
About Savannah Energy:
Savannah Energy PLC is an AIM quoted British independent energy company focused around the delivery of Projects that Matter in Africa, active in Cameroon, Chad, Niger and Nigeria.
Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com .
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
MSCDZMMZNFLGZZM
(END) Dow Jones Newswires
December 13, 2022 13:00 ET (18:00 GMT)
1 Year Savannah Petroleum Chart |
1 Month Savannah Petroleum Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions