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Savannah Petroleum ( (GB:SAVE) ) has issued an update.
Savannah Energy Plc has announced a significant change in its shareholder structure, with TT International Asset Management Limited, Sumitomo Mitsui Financial Group, Inc., and SMBC Asset Management Services (UK) Limited reducing their combined voting rights in the company to below 5%. This change in voting rights, effective from March 4, 2025, may impact the company’s governance and influence within the industry, as it indicates a shift in the control dynamics among its major stakeholders.
More about Savannah Petroleum
YTD Price Performance: -62.10%
Average Trading Volume: 238,560,891
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £130.6M
See more insights into SAVE stock on TipRanks’ Stock Analysis page.