Savannah Energy Plc South Sudan Acquisition Update (6948W)

TIDMSAVE

RNS Number : 6948W

Savannah Energy Plc

14 December 2023

Savannah Energy PLC

("Savannah" or "the Company")

South Sudan Acquisition Update

Further to the Company's announcement on 29 September 2023, the Company continues to advance the various workstreams required to complete the acquisition of PETRONAS International Corporation Limited's energy business in South Sudan. In this regard, a further extension to the Company's cancellation date has been granted to 1 February 2024. Further updates will be provided as and when appropriate.

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

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

John Prior

Hugo Rich

James Sinclair-Ford

   Camarco                                                                       +44 (0) 20 3757 4983

Billy Clegg

Owen Roberts

Violet Wilson

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, as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended, 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 quoted British independent energy company focused around the delivery of Projects that Matter in Africa.

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December 14, 2023 02:00 ET (07:00 GMT)

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