Result of AGM

Savannah Energy Plc
30 June 2023
 

30 June 2023

Savannah Energy PLC

("Savannah" or "the Company")

 

Annual General Meeting ("AGM") Results

 

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by way of a poll by the requisite majority.  The votes received in relation to the resolutions were as follows:

 

Resolution

For

For

Against

Against

Votes Withheld

* indicates Special Resolution

(No. of shares)

(%)

(No. of shares)

(%)

(No. of shares)

1.   To receive the Annual Report and Accounts.

760,604,196

99.16

6,457,499

0.84

115,771,583

2.   To re-appoint BDO LLP as auditor of the Company.

851,719,639

100.00

31,566

0.00

31,082,073

3.   To authorise the Audit Committee to determine the remuneration of the auditor.

851,734,205

100.00

17,000

0.00

31,082,073

4.   To re-elect Sarah Clark as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

5.   To re-elect David Clarkson as a Director of the Company.

824,922,551

96.85

26,798,473

3.15

31,112,254

6.   To re-elect Dr Djamila Ferdjani as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

7.   To re-elect Dr Djamila Ferdjani as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

8.   To re-elect Joseph Pagop Noupoué as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

9.   To re-elect Sir Stephen O'Brien as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

10.  To re-elect Sylvie Rucar as a Director of the Company.

851,704,024

100.00

17,000

0.00

31,112,254

11.  To authorise the Directors to allot Ordinary Shares.

851,266,744

99.98

191,425

0.02

31,375,109

12.  To authorise the Directors to disapply pre-emption rights.*

797,955,184

93.68

53,790,183

6.32

31,087,911

13.  To approve the purchase of the Company's own shares.*

851,222,512

99.94

523,855

0.06

31,086,911

 

*Special Resolution

 

NOTES:

 


1.

All resolutions were passed.

 

2.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution.

 

3.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution.

 

4.

The number of shares in issue at 6:00 p.m. on 28 June 2023 was 1,312,194,545 (the "Share Capital") and, at that time, the Company did not hold any shares in treasury.

 

5.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.savannah-energy.com.

 

 

For further information, please 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




 

 

 




 

 

finnCap Ltd (Joint Broker)                                  

Christopher Raggett

Tim Redfern

+44 (0) 20 7220 0500



 





 

Panmure Gordon (UK) Ltd (Joint Broker)                                    

John Prior

Hugo Rich

James Sinclair-Ford

+44 (0) 20 7886 2500



 





 

Camarco   

+44 (0) 20 3757 4983

 

Billy Clegg
Owen Roberts
Violet Wilson













 

 

 

About Savannah Energy:  

Savannah Energy PLC is an AIM quoted British independent energy company focused around the delivery of Projects that Matter, active in Cameroon, Niger and Nigeria. Further information on Savannah Energy PLC can be found on the Company's website: www.savannah-energy.com.

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