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Notification of Lekoil Limited Announcement

28th Feb 2022 14:00

RNS Number : 0640D

Savannah Energy Plc

28 February 2022

Savannah Energy PLC

("Savannah", the "Company" or the "Group")

Notification of Lekoil Limited Announcement

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, can confirm that its wholly owned subsidiary, Savannah Energy Investments Limited, has made an investment in LEKOIL Limited (AIM: LEK) ("LEKOIL") (the "Investment"), which is not deemed material to Savannah. The commercial details of the Investment are included in LEKOIL's RNS of 13:50 today (the "LEKOIL RNS").

The ordinary shares of LEKOIL are currently suspended from trading on AIM.

For further information, please refer to the Company's website www.savannah-energy.com or contact:

Savannah Energy		+44 (0) 20 3817 9844
Andrew Knott, CEO
Nick Beattie, Interim CFO
Sally Marshak, Head of IR & Communications

Strand Hanson (Nominated Adviser)		+44 (0) 20 7409 3494
James Spinney
Ritchie Balmer
Rob Patrick

finnCap Ltd (Joint Broker) Christopher Raggett Tim Redfern		+44 (0) 20 7220 0500

Panmure Gordon (UK) Ltd (Joint Broker) John Prior Hugo Rich James Sinclair-Ford		+44 (0) 20 7886 2500

Camarco		+44 (0) 20 3757 4983
Billy Clegg Owen Roberts Violet Wilson

Save in respect of the quotes attributable to Savannah Energy Investments Limited and Savannah Energy Nigeria employees in the LEKOIL RNS, Savannah Energy Nigeria or the wider Savannah Energy Group, including Savannah Energy PLC and its subsidiaries, have not been responsible for the preparation and publication of the LEKOIL RNS and will not accept any liability whether direct or indirect, express or implied, contractual, tortious or otherwise, in respect of the LEKOIL RNS.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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