Business
Secondary Market & Director Deals Closed
Savannah Energy PLC has completed secondary market transactions, resulting in NIPCO acquiring an additional 148,314,064 Ordinary Shares, increasing its stake to approximately 26.5%, and CEO Andrew Knott purchasing 25,481,655 Ordinary Shares, bringing his interest to about 13.8%. These trades facilitated the termination of an off-market share buyback agreement for 143,565,582 shares. Disclaimer*
About this update from Savannah Energy Plc
[{"type":"text","content":"\n\n30 December 2025\n \nSavannah Energy PLC\n(\"Savannah\" or \"the Company\")\n \nCompletion of Secondary Market Transactions & Director Dealing\nTermination of Off-market Share Buyback Agreement\n \nFollowing its earlier announcement on 30 December 2025, Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces the completion of a series of secondary market transactions in the Ordinary Shares of the Company and the associated termination of the off-market share buyback agreement previously announced on 22 October 2025 (the \"Buyback Agreement\").\nHighlights\n· NIPCO has acquired, in aggregate, a further 148,314,064 Ordinary Shares through a series of secondary market trades thereby increasing NIPCO's shareholding to approximately 26.5% of the Company's current issued share capital;\n· The Company's CEO, Andrew Knott, has acquired 25,481,655 existing Ordinary Shares through a secondary market trade. Post this transaction, Mr Knott is interested in approximately 13.8% in the Company's current issued share capital; and\n· The parties to the Buyback Agreement relating to 143,565,582 existing Ordinary Shares held by certain shareholders (the \"Buyback Shares\") have agreed to its termination in order to facilitate the abovementioned secondary market trades involving all of the Buyback Shares.\nPlease refer to the Company's announcement of earlier today for further information on the mechanics of the above secondary purchases.\n \nThe following table illustrates the effect of these transactions on Mr Knott's shareholding:\n \n\n\n\n\n\n\n\nExisting Holding of Ordinary Shares\n\n\nAdditional Ordinary Shares (acquired through the purchase of part of the Buyback Shares)\n\n\nResultant Holding of Ordinary Shares\n\n\nResultant holding as a % of the current share capital\n\n\n\n\nTotal\n\n\n267,282,715\n\n\n25,481,655\n\n\n292,764,370\n\n\n 13.8%\n\n\n\n\n \n \nThe FCA notification, made in accordance with the requirements of MAR, is appended below.\n \n\n\n \nFor further information, please refer to the Company's website www.savannah-energy.com or contact:\n \nSavannah Energy &nb...