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Savannah Energy Postpones Final Tranche of Subscription Shares Amid AIM Suspension

Story Highlights
  • Savannah Energy is a British energy company focused on impactful projects in Africa.
  • The issuance of Savannah’s final tranche of Subscription Shares is delayed due to AIM suspension.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Savannah Energy Postpones Final Tranche of Subscription Shares Amid AIM Suspension

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

Savannah Energy has announced an update regarding its equity subscription, initially planned for completion by 4 September 2025. Due to the suspension of its shares from trading on AIM, the issuance of the final tranche of Subscription Shares is postponed and expected to occur within 10 business days after trading resumes. The company anticipates releasing its FY 2024 audited accounts this month, which is expected to facilitate the resumption of trading.

More about Savannah Petroleum

Savannah Energy PLC is a British independent energy company focused on delivering impactful projects in Africa.

Average Trading Volume: 2,671,589

Technical Sentiment Signal: Sell

Current Market Cap: £112.7M

For an in-depth examination of SAVE stock, go to TipRanks’ Overview page.

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