Savannah Energy Plc Appointment of Joint Brokers & Directorate Change (4131H)
December 03 2020 - 2:00AM
UK Regulatory
TIDMSAVE
RNS Number : 4131H
Savannah Energy Plc
03 December 2020
3 December 2020
Savannah Energy PLC
("Savannah" or "the Company")
Appointment of Joint Brokers and Directorate Change
Savannah Energy PLC, the African-focused British independent
energy company sustainably developing high quality, high potential
energy projects in Nigeria and Niger, is pleased to announce that
it has appointed finnCap Ltd and Panmure Gordon (UK) Ltd to act as
its joint corporate brokers with immediate effect. Strand Hanson
Limited continues to act as the Company's Nomad and Financial
Adviser.
The Company also announces that Michael Wachtel has resigned
effective today from the board of directors (the "Board").
Steve Jenkins, Chairman of Savannah, added, "The Board would
like to welcome finnCap and Panmure Gordon as Savannah's new joint
brokers. We would also like to thank Michael for his services to
Savannah and wish him well in his future endeavours."
For further information, please refer to the Company's website
www.savannah-energy.com or contact:
Savannah Energy +44 (0) 20 3817 9844
Andrew Knott, CEO
Isatou Semega-Janneh, CFO
Sally Marshak, Communications
Consultant
Strand Hanson (Nominated Adviser) +44 (0) 20 7409 3494
James Spinney
Ritchie Balmer
Rory Murphy
finnCap Ltd (Joint Broker)
Christopher Raggett
Kate Washington
Tim Redfern +44 (0) 20 7220 0500
Panmure Gordon (UK) Ltd (Joint
Broker)
John Prior +44 (0) 20 7886 2500
Hugh Rich
Celicourt Communications +44 (0) 20 8434 2754
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.
About Savannah Energy:
Savannah Energy PLC is an AIM market listed African-focused
British independent energy company sustainably developing high
quality, high potential energy projects in Nigeria and Niger, with
a focus on delivering material long term returns for stakeholders.
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.
About finnCap Ltd
finnCap is a leading financial adviser and broker to London
Stock Exchange listed companies and the No. 1 broker to AIM
companies by client number. finnCap provides an unrivalled range of
financial services and growth financing options to the UK's most
ambitious companies, ranging from ECM, IPO, debt advisory and PLC
strategic advisory. finnCap serves 125 companies on AIM and on the
LSE Main Board, as well as a range of private businesses, helping
them to find the right investment for growth.
About Panmure Gordon (UK) Ltd
Panmure Gordon builds long-standing relationships with UK growth
and mid-cap corporates and investment companies, providing them
with independent advice, broking, research and execution services.
Panmure has a history of helping fast-growing corporate and
institutional clients achieve their ambitions. Integrity,
excellence and experience are at the heart of everything Panmure
Gordon does, whether in the public or private markets.
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END
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