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Savannah Petroleum ( (GB:SAVE) ) has provided an update.
Savannah Energy PLC announced that its CEO, Andrew Knott, has purchased 1,540,000 ordinary shares of the company, increasing his total shareholding to approximately 9.05% of the total voting rights. This move signifies a strong vote of confidence in the company’s future prospects, with Mr. Knott planning further acquisitions to increase his stake to 10.64% by September 2025, potentially impacting the company’s market positioning and stakeholder interests.
More about Savannah Petroleum
Savannah Energy PLC is a British independent energy company focused on delivering impactful projects in Africa.
Average Trading Volume: 6,802,883
Technical Sentiment Signal: Sell
Current Market Cap: £105.5M
Find detailed analytics on SAVE stock on TipRanks’ Stock Analysis page.