Savannah has announced the cancellation of its share buyback agreement, which has facilitated strategic shareholder NIPCO Plc increasing its shareholding to 26.5% (from 19.4%). Additionally, CEO Andrew Knott has further aligned himself with shareholders, increasing his shareholding to 13.8% (from 12.6%). Combined, both transactions preserve the Company’s cash resources, enhance financial flexibility and provide further confidence in the Company’s strategy and prospects.