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Savannah Resources (SAV)

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Friday 23 April, 2021

Savannah Resources

Corporate Presentation and PDMR Notification

RNS Number : 3755W
Savannah Resources PLC
23 April 2021
 

23 April 2021

Savannah Resources Plc

('Savannah' or the 'Company')

 

Corporate Presentation and PDMR Notification

 

Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV), the resource development company, is pleased to announce that an updated Corporate Presentation will be available today for download on the Company's website at www.savannahresources.com .

 

In addition, further to the Company's announcement of 21 April 2021, notification and public disclosure of the subscription for an aggregate of 562,500 Subscription Shares in the Placing by persons discharging managerial responsibilities is set out below.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.  Matthew King

1.  Michael McGarty

 

 

2

Reason for the notification

a)

Position/status

1.  Chairman

2.  Chief Financial Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Savannah Resources Plc

b)

LEI

213800UCK16HW5KKGP60

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 1p each

 

ISIN: GB00B647W791

b)

Nature of the transaction

Participation in Placing

 

c)

Price(s) and volume(s)


Number of Shares

Price per Share

1. 

312,500

4 pence

 

2. 

250,000

4 pence

d)

Aggregated information

 

Aggregated volume

 

Price

 

 

 

As (c) above

 

4 pence

 

e)

Date of the transaction(s)

20 April 2021

f)

Place of the transaction

Outside a trading venue

 

This Announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No . 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR").

 

Defined terms used in this announcement shall have the same meaning as in the announcement of 21 April 2021 unless otherwise defined herein.

 

**ENDS**

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

 

Savannah Resources PLC

David Archer, CEO

 

 

Tel: +44 20 7117 2489

 

SP Angel Corporate Finance LLP (Nominated Advisor)

David Hignell / Charlie Bouverat

 

 

Tel: +44 20 3470 0470

 

 

finnCap Ltd (Joint Broker)

Christopher Raggett/ Tim Redfern

 

 

Tel: +44 20 7220 0500

 

WH Ireland Limited (Joint Broker)

Jessica Cave / Matthew Chan (Corporate Finance)

Adam Pollock (Corporate Broking)

 

Tel: +44 20 7220 1698

 

 

 

Camarco (Financial PR)

Nick Hennis / Gordon Poole 

Tel: +44 20 3757 4980

 

 

About Savannah

 

Savannah is a diversified resources group (AIM: SAV) with two development stage projects, Mina do Barroso, a hardrock lithium project in Portugal which has the largest spodumene lithium resource in Europe, and the world-class Mutamba Heavy Mineral Sands Project in Mozambique, which is being developed in a consortium with the global major, Rio Tinto. The Board is committed to serving the interests of its shareholders and to delivering outcomes that will improve the lives of the communities we work with and our staff.

 

The Company is listed and regulated on AIM and the Company's ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB) under the symbol FWB: SAV, and the Börse Stuttgart (SWB) under the ticker "SAV".

 

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