Savannah Energy Announces Director Dealing
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types specified, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. Therefore, the sentiment is assessed as neutral.
Key Points
- CEO Andrew Knott has purchased 2,050,000 ordinary shares
- Knott's current interest in the company is approximately 8.96% of total voting rights
- Knott intends to acquire an additional 25,598,929 subscription shares by September 2025
Summary
The energy company has announced that its CEO has purchased additional shares in the company.
Savannah Energy PLC has announced that its Chief Executive Officer, Mr. Andrew Knott, has purchased 2,050,000 ordinary shares in the company at an average price of 7.889 pence per share. As a result, Mr. Knott's current interest in the company's shares has increased to approximately 8.96% of the total voting rights.
DIRECTOR DEALINGS