Savannah Energy CEO Andrew Knott Demonstrates Confidence with Substantial Share Acquisition

Savannah Energy PLC, an independent British energy firm committed to the delivery of significant projects, made a notable announcement. It revealed that its Chief Executive Officer, Andrew Knott, has bought 2,050,000 Ordinary Shares at an average price of 7.889 pence per share. This investment is a strong vote of confidence from a senior figure in the company’s trajectory and potential. Following this transaction, Knott’s interest in the company has been significantly increased, owning a notable 144,250,919 Ordinary Shares. This amount represents approximately 8.96% of the total voting rights of the company.

The official transaction details were also provided, confirming that it occurred on the London Stock Exchange’s AIM sub-market. The transaction serves as a trust-boosting display to the market by reinforcing Knott’s belief in the potential of Savannah Energy. It also provides an engaging story for a company whose focus on ‘Projects that Matter’ in Africa underline its commitment to meaningful, impactful operations.