Last checked at 23 Apr 2021 07:00
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
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2 | Reason for the notification | ||||||||||
a) | Position/status | 1. Chairman 2. Chief Financial Officer
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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
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c) | Price(s) and volume(s) |
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d) | Aggregated information
Aggregated volume
Price |
As (c) above
4 pence
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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".