tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Savannah Energy Non-Executive Director Sells 1.5 Million Shares

Story Highlights
  • Savannah Energy’s Non-Executive Director Mark Iannotti sold 1.5 million shares at 8.1p.
  • The board-level share sale alters insider holdings and may influence investor sentiment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Savannah Energy Non-Executive Director Sells 1.5 Million Shares

Claim 70% Off TipRanks Premium

Savannah Petroleum ( (GB:SAVE) ) has provided an announcement.

Savannah Energy PLC has disclosed that Non-Executive Director Mark Iannotti sold 1.5 million existing ordinary shares in the company at 8.1p per share on 8 January 2026, in a transaction conducted on the London Stock Exchange’s AIM market. The director dealing, notified under market abuse regulations, signals a notable change in board-level shareholding and will be closely watched by investors for any perceived implications regarding insider confidence and the company’s valuation, although no additional commentary on the rationale or impact of the sale was provided.

The most recent analyst rating on (GB:SAVE) stock is a Hold with a £6.50 price target. To see the full list of analyst forecasts on Savannah Petroleum stock, see the GB:SAVE Stock Forecast page.

Spark’s Take on GB:SAVE Stock

According to Spark, TipRanks’ AI Analyst, GB:SAVE is a Neutral.

Savannah Petroleum’s strong financial performance with high profitability is offset by high leverage and concerning cash flow trends. Technical indicators suggest a bearish trend, while the low P/E ratio indicates potential undervaluation. The absence of earnings call and corporate events data limits further insights.

To see Spark’s full report on GB:SAVE stock, click here.

More about Savannah Petroleum

Savannah Energy PLC is a British independent energy company focused on the delivery of energy infrastructure and supply projects in Africa, positioning itself around so‑called “Projects that Matter” in emerging markets.

Average Trading Volume: 4,248,920

Technical Sentiment Signal: Sell

Current Market Cap: £142.7M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1