Source - LSE Regulatory
RNS Number : 7808I
Savannah Energy Plc
28 March 2024

28 March 2024

Savannah Energy PLC

("Savannah" or "the Company")

South Sudan Acquisition Update


Further to the Company's announcement on 1 February 2024, the Company confirms that it remains suspended from trading on AIM, with a revised cancellation date of 17 May 2024, whilst it continues to advance the various workstreams, including receipt of in-country approvals, required to complete the acquisition of PETRONAS International Corporation Limited's energy business in South Sudan.

The Company will provide a more detailed update regarding the ongoing process to complete the transaction during the course of next week.



For further information, please refer to the Company's website or contact:

Savannah Energy                                                                    +44 (0) 20 3817 9844

Andrew Knott, CEO

Nick Beattie, CFO

Sally Marshak, Head of IR & Communications


Strand Hanson (Nominated Adviser)                         +44 (0) 20 7409 3494

James Spinney

Ritchie Balmer

Rob Patrick


Cavendish Capital Markets Ltd (Joint Broker)                      +44 (0) 20 7220 0500

Derrick Lee

Tim Redfern


Panmure Gordon (UK) Ltd (Joint Broker)                             +44 (0) 20 7886 2500

Hugh Rich

James Sinclair-Ford


Camarco                                                                                  +44 (0) 20 3757 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, as amended ("MAR").


About Savannah Energy:  

Savannah Energy PLC is a British independent energy company focused around the delivery of Projects that Matter in Africa.


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