15 July 2016
Savannah Petroleum PLC
("Savannah" or the "Company")
Director Dealing
Savannah Petroleum announces that on 15 July 2016, Steve Jenkins, Non-Executive Chairman of the Company, and Mark Iannotti, Non-Executive Director of the Company, sold 198,200 and 821,400 ordinary shares ("Ordinary Shares") in the Company respectively (the "Transaction"). This Transaction was carried out to meet a portion of their ordinary course tax liabilities incurred following the vesting of their pre-IPO share awards.
As a result of the Transaction, Steve Jenkins and Mark Iannotti now have an interest in 301,800 and 2,793,887 Ordinary Shares, representing 0.14% and 1.31% of the Company's issued share capital, respectively.
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For further information contact: |
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Savannah Petroleum |
+44 (0) 20 3817 9844 |
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Andrew Knott, CEO |
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Jessica Hostage, Corporate Communications |
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Strand Hanson (Nominated Adviser) |
+44 (0) 20 7409 3494 |
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Rory Murphy |
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James Spinney |
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Ritchie Balmer |
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Mirabaud (Broker) |
+44 (0) 20 7878 3362 |
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Peter Krens |
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Rory Scott |
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Celicourt Communications |
+44 (0) 20 7520 9266 |
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Mark Antelme |
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Jimmy Lea |
This information is provided by RNS