Savannah Energy Plc Posting of 2019 Annual Report and Notice of GM (5250W)

TIDMSAVE

RNS Number : 5250W

Savannah Energy Plc

19 August 2020

Savannah Energy PLC

("Savannah" or "the Company")

Posting of 2019 Annual Report and Notice of GM

Savannah Energy PLC, the British independent energy company focused around activities in Nigeria and Niger, confirms that the 2019 Annual Report and Accounts ("Annual Report"), and the notice of the General Meeting ("GM") to lay out the Annual Report to shareholders are now available on the Company's website: www.savannah-energy.com

The GM will be held at 10.30am on Monday, 21 September 2020 at 40 Bank Street, London, E14 5NR. Printed copies of the Annual Report and Notice of GM will be posted to shareholders in the next week. The GM will be run as a closed meeting, as a result of current government restrictions on gatherings and non-essential travel resulting from the COVID-19 pandemic, and shareholders will not be able to attend in person. Any shareholder or proxy seeking to attend the GM will be refused entry. Shareholders are therefore strongly encouraged to submit a proxy vote in advance of the Meeting and to appoint the Chairman of the Meeting as their proxy rather than a named person who will not be permitted to attend the GM. Details on how to submit your proxy vote are set out in the section of the Notice of GM headed "Voting Arrangements - Action to be taken".

As previously announced, due to COVID-19, the finalisation of the Company's Annual Report was delayed and it was not available in sufficient time to enable it to be laid at the Annual General Meeting ("AGM") held on 29 June 2020. The Company will now lay out the Annual Report in the GM on 21 September 2020 to its shareholders.

The GM will be live streamed on the internet, accessible via the Company's website on www.savannah-energy.com. Those wishing to watch the Meeting should register their interest by completing the form at www.savannah-energy.com/investors/GM before close of trading on 17 September 2020. Shareholders watching the Meeting via this facility will not be counted in the quorum for the Meeting and will not be able to participate in the Meeting, including by voting or asking questions, on the day.

The Board recognises the importance of the GM as an opportunity for shareholders to engage with the Directors and, accordingly, if you are a shareholder and you wish to submit a question in relation to the business of the GM, please send your question by completing the form at www.savannah-energy.com/investors/GM before close of trading on 17 September 2020; in the form please include your name and how you hold your shares. The Board will attempt to answer as many of these questions as possible during the Meeting.

The results of the GM will be announced shortly after its conclusion and published on the Company's website.

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

 
                                      +44 (0) 20 3817 
 Savannah Energy                       9844 
 Andrew Knott, CEO 
 Isatou Semega-Janneh, CFO 
 Sally Marshak, Communications 
  Consultant 
 
                                      +44 (0) 20 7409 
 Strand Hanson (Nominated Adviser)     3494 
 James Spinney 
 Ritchie Balmer 
 Rory Murphy 
 
                                      +44 (0) 20 7878 
 Mirabaud (Sole Broker)                3362 
 Peter Krens 
 Ed Haig-Thomas 
 
                                      +44 (0) 20 8434 
 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 over 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 exploration targets 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.

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.

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August 19, 2020 02:00 ET (06:00 GMT)

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