Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSavannah Energy Share News (SAVE)

  • This share is currently suspended. It was suspended at a price of 28.50

Share Price Information for Savannah Energy (SAVE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 28.50
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 28.50
SAVE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Longboat Energy extends loan for drilling programme

Tue, 13th Dec 2022 16:50

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Cap-XX Ltd - Sydney-based maker of ultra-thin prismatic and cylindrical supercapacitors - Adds coin cell supercapacitors to its product portfolio, replacing button cell batteries and the battery holder to provide real-time clock back-up power. Says the 5.5 volt coin cell supercapacitors have quick response and recharge times, and offer higher power than batteries and greater energy density than aluminium electrolytic capacitors.

----------

React Group PLC - Birmingham, England-based cleaning, hygiene and decontamination firm - Says LaddersFree cleaning business reported turnover of over GBP1.0 million in the three months to August 31. Its hygiene & maintenance division is "performing well", and the emergency & decontamination division has continued "strong recovery" seen in the second half of financial 2022. Says trading in the last three months of financial 2022 and into the current financial year has been strong, with all divisions continuing to win a range of business providing positive margin contribution and cash generation.

----------

Longboat Energy PLC - London-based North Sea-focused exploration and production company - Extends exploration finance facility loan with its lending banks to NOK800 million, around GBP65 million, from NOK600 million to finance Longboat's drilling programme in 2023 and beyond. Current drawings under the facility will be repaid fully from its Norwegian tax rebate due in November 2023. New terms extend the availability period to the end of 2024. Delivered a five well Norwegian exploration programme in-line with forecast expenditure, and estimates its year-end 2022 cash position to be around GBP9 million.

----------

Shield Therapeutics PLC - Gateshead Quays, England-based commercial-stage pharmaceutical firm - Raises USD18.5 million equity fundraise after placing and subscribing shares to raise GBP14.7 million in aggregate at 6.00 pence per share. Makes an open offer to qualifying shareholders of up to 64.4 million new shares at the issue price to raise a further GBP3.9 million. Extends existing convertible shareholder loan facility with shareholder AOP Health International Management AG by USD10.0 million. AOP subscribed for 68.6 million new shares, representing 97.7% of the existing issued ordinary share capital of Shield Therapeutics.

----------

Savannah Energy PLC - Africa-focused energy company - Says its acquisition of ExxonMobil's interest in the Doba fields and the Totco Pipeline completed on December 9 was conducted in "full conformity" with the requirements of the governing documents and the applicable law.

----------

Caerus Mineral Resources PLC - copper miner in Cyprus - Enters into an exclusive option agreement with EV Metals Group PLC to acquire 90% of its Riwaq Al Mawarid for Mining subsidiary. Says the deal forms its strategy to invest in larger-scale opportunities through its partnership with EV Metals. Caerus to pay a fully-refundable GBP500,000 deposit in return for an extendable three-month due diligence period of Riwaq's portfolio. The final transaction value is dependent on the Caerus's assessment of the Riwaq licences and a final negotiation stage.

----------

Atlantic Lithium Ltd - African-focussed lithium exploration and development company - Awards a contract for the processing plant Front-End Engineering Design for the Ewoyaa Lithium Project in Ghana, West Africa to engineering firm Primero Group, a subsidiary of NRW Holdings Ltd. Says the contract is worth USD980,000 which will be paid in accordance with the three-stage earn-in agreement Atlantic Lithium has with Piedmont Lithium Inc to fund the project towards production.

----------

By Jaskeet Briah, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

More News
13 Dec 2022 20:38

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
13 Dec 2022 11:01

CORRECT (Dec 09): Savannah Energy completes Exxon Mobil acquisition

(Correcting that the Exxon Mobil portfolio acquisition was completed by Savannah Energy PLC.)

Read more
12 Dec 2022 12:23

Savannah Energy to buy Petronas's South Sudan unit for USD1.25 billion

(Alliance News) - Savannah Energy PLC on Monday said it entered into a share purchase agreement with Petronas International Corp Ltd to buy the company's oil and gas business in South Sudan for USD1.25 billion.

Read more
12 Dec 2022 09:35

Savannah to spend $1.25bn on Petronas assets in South Sudan

(Sharecast News) - Africa-focussed Savannah Energy has entered into a share purchase agreement with Petronas International, it announced on Monday, to acquire Petronas' entire oil and gas business in South Sudan through the acquisition of Petronas Carigali Nile (PCNL) for up to $1.25bn in cash.

Read more
7 Dec 2022 21:25

TRADING UPDATES: Ryanair extends CEO contract; Sovereign eye demerger

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
4 Oct 2022 14:31

IN BRIEF: Savannah Energy swings to interim loss as revenue drops

Savannah Energy PLC - Africa-focused energy company - Last Friday reported swing to half-year loss. In the six months ended June 30, swings to interim pretax loss of USD11.3 million from a profit of USD7.7 million a year prior. Revenue falls 14% to USD85.8 million from USD99.4 million. Administrative expenses widen 23% to USD11.7 million from USD9.5 million.

Read more
16 Aug 2022 14:38

Savannah Energy subsidiary enters gas sales agreement

(Sharecast News) - Africa-focussed Savannah Energy announced on Tuesday that its 80% indirectly-owned subsidiary Accugas has entered into a new gas sales agreement with Notore Chemical Industries.

Read more
16 Aug 2022 14:10

IN BRIEF: Savannah Energy subsidiary Accugas signs gas sales agreement

Savannah Energy PLC - Africa-focused energy company - 80% indirectly owned subsidiary Accugas Ltd enters new gas sales agreement with Notore Chemical Industries PLC. Accugas will supply Notore with up to 10 million standard cubic feet of gas per day to augment its current supplies. Adds that no further capital expenditure is required by Accugas to deliver gas to Notore. "The contracted supply is on an interruptible and reasonable endeavours basis, based on gas availability and nominations, for an initial term of one year, with the option to extend for a mutually agreed period," Savannah explains.

Read more
28 Jun 2022 10:05

Savannah Energy makes first gas sales to TransAfam's Nigerian power plants

(Sharecast News) - Independent energy company Savannah Energy's Accugas subsidiary has made its first gas sales to TransAfam Power in relation to the provision of gas for use at its power plants in Nigeria.

Read more
28 Jun 2022 09:55

Savannah Energy subsidiary commences further gas sales in Nigeria

(Alliance News) - Savannah Energy PLC on Tuesday said its 80%-owned subsidiary, Accugas Ltd, has commenced gas sales to TransAfam Power Ltd in Nigeria.

Read more
27 Jun 2022 14:15

IN BRIEF: Savannah Energy subsidiary Accugas starts first gas sales

Savannah Energy PLC - Africa-focused energy company - Says its 80% indirectly owned subsidiary Accugas Ltd has started first gas sales to Central Horizon Gas company Ltd. Savannah says CHGC operates a 17-kilometre gas pipeline infrastructure network with a throughput capacity of 50 million standard cubic feet per day. It provides natural gas to industrial and commercial customers in the Trans Amadi Industrial Area of Port Harcourt and the Greater Port Harcourt Area in Nigeria.

Read more
22 Jun 2022 19:39

TRADING UPDATES: Vertu margins remain strong; Donegal behind

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
22 Jun 2022 09:23

Savannah starts gas sales to Trans Amadi plant in Nigeria

(Sharecast News) - Savannah Energy announced on Wednesday that its 80%-owned subsidiary Accugas has started gas sales to First Independent Power Limited's (FIPL) Trans Amadi power plant in Port-Harcourt, Nigeria.

Read more
7 Jun 2022 19:09

Savannah Energy swings to loss but revenue surges on higher gas prices

(Alliance News) - Savannah Energy PLC on Tuesday reported it had swung to an annual loss despite revenue climbing on higher gas prices in the year.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.