UK AGM, EGM Calendar |
Thursday, March 10 |
Benchmark Holdings |
Friday, March 11 |
No Events Scheduled |
Monday, March 14 |
Blackrock Commodities |
Tuesday 15 March |
Brunner Investment Trust |
Wednesday, March 16 |
Chenavari Capital Solutions |
Savannah Resources |
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IN BRIEF: Savannah Energy still suspended amid South Sudan acquisition
Savannah Energy PLC - energy company focused on projects in Africa - Says that its shares remain suspended as it completes the "various workstreams" associated with its acquisition of oil and gas assets in South Sudan. In December 2022, Savannah entered a share purchase agreement with Petronas International Corp to acquire the latter's entire oil and gas business in South Sudan for a total consideration of USD1.25 billion. Petronas is a Kuala Lumpur-based oil and gas company. The deal constitutes a reverse takeover, and Savannah's shares have been suspended since December 2022 as a result. The deal comprises interests in 64 oil producing fields, which together produced an average of 153,200 barrels of oil per day in 2021.
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