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Savannah Energy Announces Board Changes and Delays Financial Reporting

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Savannah Energy Announces Board Changes and Delays Financial Reporting

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An announcement from Savannah Petroleum ( (GB:SAVE) ) is now available.

Savannah Energy PLC has announced significant changes to its Board as part of its succession planning strategy. Sir Stephen O’Brien and David Clarkson have retired, while Uyi Akpata and Kehinde Olamide Ogunwumiju are set to join as Independent Non-Executive Directors, bringing expertise in finance and legal affairs. These changes are aligned with the company’s strategic direction and growth plans in Africa. Additionally, Savannah Energy will delay the publication of its 2024 Annual Report and Accounts and Half Year Results, leading to a temporary suspension of trading in its shares until the reports are released.

More about Savannah Petroleum

Savannah Energy PLC is a British independent energy company focused on delivering impactful projects across Africa. The company operates in both the hydrocarbons and renewables sectors, aiming to advance energy projects throughout the continent.

Average Trading Volume: 1,294

Technical Sentiment Signal: Sell

Current Market Cap: £112.7M

See more data about SAVE stock on TipRanks’ Stock Analysis page.

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