Notification of Major Shareholding

Summary by AI BETAClose X

Savannah Resources Plc has been notified that Pluris Investments S.A. has increased its shareholding to 10.00% by acquiring 685,806 ordinary shares, following a recent US$40 million fundraise. This acquisition brings Pluris's total voting rights to 312,251,492, crossing the notification threshold on September 30, 2026.

Disclaimer*

Savannah Resources PLC
06 October 2026
 

 

6 October 2026

 

Savannah Resources Plc

(AIM: SAV) (‘Savannah’, or the ‘Company’)

 

Notification of Major Shareholding

 

Savannah Resources Plc, the developer of the Barroso Lithium Project (the ‘Project’) in Portugal, a ‘Strategic Project’ under the European Critical Raw Materials Act and Europe’s largest spodumene lithium deposit, has been informed that, Pluris Investments S.A (‘Pluris’) has purchased on market 685,806 ordinary shares of 1 pence each in the Company (‘Ordinary Shares’) and thus increased its shareholding in the Company to 10.00% of the Company’s issued share capital, with voting rights. This follows a brief reduction in Pluris’ position to 9.98% as a result of the Retail Offer portion of the Company’s recent US$40m Fundraise.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B647W791

Issuer Name

SAVANNAH RESOURCES PLC

UK or Non-UK Issuer

UK

 

2. Reason for Notification

An acquisition or disposal of voting rights

 

3. Details of person subject to the notification obligation

Name

Pluris Investments S.A.

City of registered office (if applicable)

Porto

Country of registered office (if applicable)

Portugal

 

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

 

5. Date on which the threshold was crossed or reached

30 September 2026

 

6. Date on which Issuer notified

6 October 2026

 

7. Total positions of person(s) subject to the notification obligation

 

 

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

10.000000

0.000000

10.000000

312,251,492

Position of previous notification (if applicable)

9.978037

0.000000

9.878037

311,565,686

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00B647W791

312,251,492

 

10.000000%

 

Sub Total 8.A

312,251,492

10.000000%

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 

 

 

 

 

Sub Total 8.B1

 

 

 

 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 

 

 

 

 

 

Sub Total 8.B2

 

 

 

 

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Mário Nuno dos Santos Ferreira

Pluris Investments, S.A.

89.990000

 

89.990000%

 

10. In case of proxy voting

 

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

 

12. Date of Completion

1 October 2026

 

13. Place Of Completion

Porto, Portugal  

 

Savannah – Enabling Europe’s energy transition.

 

**ENDS**

 

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For further information please visit www.savannahresources.com or contact:

 

Savannah Resources PLC

Emanuel Proença, CEO

Asa Bridle, Investor Relations

António Neves Costa, Media Relations

 

 

Tel: +351 963 850 959

Tel: +44 207 117 2489

Tel: +351 962 678 912

SP Angel Corporate Finance LLP (Nominated Adviser & Joint Broker)

David Hignell / Charlie Bouverat (Corporate Finance)

Grant Barker /Abigail Wayne (Sales & Broking)

 

Tel: +44 20 3470 0470

 

 

Canaccord Genuity Limited (Joint Broker)

James Asensio / Rory Blundell / Charlie Hammond (Corporate Broking)

Ben Knott (Sales)

 

Tel: +44 20 7523 8000

 

 

 

About Savannah

Savannah Resources is a mineral resource development company and the sole owner of the Barroso Lithium Project (the 'Project') in northern Portugal. The Project is the largest battery grade spodumene lithium resource outlined to date in Europe and was classified as a 'Strategic Project' by the European Commission under the Critical Raw Materials Act in March 2025 and was approved for a Portuguese State development Grant of up to €110m in January 2026.

 

Through the Project, Savannah will help Portugal to play an important role in providing a long-term, locally sourced, lithium raw material supply for Europe's lithium battery value chain. Once in operation the Project will produce enough lithium (contained in c.183,000tpa of spodumene concentrate) for approximately half a million vehicle battery packs per year and hence make a significant contribution towards the European Commission's Critical Raw Material Act goal of a minimum 10% of European endogenous lithium production from 2030.

 

Savannah is focused on the responsible development and operation of the Barroso Lithium Project so that its impact on the environment is minimised and the socio-economic benefits that it can bring to all its stakeholders are maximised.

 

The Company is listed and regulated on the AIM Market of the London Stock Exchange and trades under the ticker "SAV".

 

 

 

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