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Director Dealing

15 Jul 2016 16:30

RNS Number : 3511E
Savannah Petroleum PLC
15 July 2016
 

 

 

 

 

 

15 July 2016

Savannah Petroleum PLC

("Savannah" or the "Company")

 

Director Dealing

 

Savannah Petroleum announces that on 15 July 2016, Steve Jenkins, Non-Executive Chairman of the Company, and Mark Iannotti, Non-Executive Director of the Company, sold 198,200 and 821,400 ordinary shares ("Ordinary Shares") in the Company respectively (the "Transaction"). This Transaction was carried out to meet a portion of their ordinary course tax liabilities incurred following the vesting of their pre-IPO share awards.

 

As a result of the Transaction, Steve Jenkins and Mark Iannotti now have an interest in 301,800 and 2,793,887 Ordinary Shares, representing 0.14% and 1.31% of the Company's issued share capital, respectively.

 

For further information contact:

 

 

Savannah Petroleum

+44 (0) 20 3817 9844

Andrew Knott, CEO

 

Jessica Hostage, Corporate Communications

 

 

 

Strand Hanson (Nominated Adviser)

+44 (0) 20 7409 3494

Rory Murphy

 

James Spinney

 

Ritchie Balmer

 

 

 

Mirabaud (Broker)

+44 (0) 20 7878 3362

Peter Krens

 

Rory Scott

 

 

 

Celicourt Communications

+44 (0) 20 7520 9266

Mark Antelme

 

Jimmy Lea

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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