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Savannah Petroleum ( (GB:SAVE) ) just unveiled an announcement.
Savannah Energy PLC announced that its CEO, Andrew Knott, has purchased 2,050,000 ordinary shares at an average price of 7.889 pence per share, increasing his stake to approximately 8.96% of the company’s total voting rights. This move reflects Knott’s confidence in the company’s future, with plans to further increase his holdings, potentially impacting the company’s market position and signaling strong leadership commitment to stakeholders.
More about Savannah Petroleum
Savannah Energy PLC is a British independent energy company focused on delivering impactful projects in Africa.
YTD Price Performance: -69.52%
Average Trading Volume: 13,521,052
Technical Sentiment Signal: Strong Buy
Current Market Cap: £128.8M
For an in-depth examination of SAVE stock, go to TipRanks’ Stock Analysis page.