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Market Cap: £162.25m
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PDMR Notification

2 Oct 2019 07:00

RNS Number : 4696O
Savannah Resources PLC
02 October 2019
 

 

 

 

2 October 2019

Savannah Resources Plc

PDMR Notification

 

Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or 'the Company'), the resource development company, has been informed that, James Leahy, non-executive Director, acquired a total of 1,150,000 Ordinary Shares of £0.01 each in the Company ("Ordinary Shares") at a price of 2.2 pence per Ordinary Share.

 

Following this acquisition, Mr. Leahy has a total beneficial interest in 1,150,000 Ordinary Shares, representing 0.09% of the Company's issued share capital.

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

James Gerald Leahy

2.

Reason for the notification

a)

Position/status:

Non-executive director

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 £0.01 each

 

ISIN:GB00B647W791

b)

Nature of the transaction:

Purchase of Ordinary Shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

2.2 pence

1,150,000

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 

 

e)

Date of the transaction:

27 September 2019

f)

Place of the transaction:

London Stock Exchange

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

 

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

David Archer

Savannah Resources plc

Tel: +44 20 7117 2489

David Hignell / Charlie

Bouverat (Nominated Adviser)

SP Angel Corporate Finance LLP

Tel: +44 20 3470 0470

Christopher Raggett (Joint Broker)

finnCap Ltd

Tel: +44 20 7220 0500

Grant Barker (Joint Broker)

Whitman Howard

Tel: +44 20 7659 1225

Melissa Hancock / Cosima

Akerman (Financial PR)

St Brides Partners Ltd

Tel: +44 20 7236 1177

 

About Savannah

Savannah is a diversified resources group (AIM: SAV) with a portfolio of energy metals projects - lithium in Portugal and copper in Oman - together with 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".

**ENDS**

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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Date   Source Headline
4th Jul 20177:00 amRNSMapping and Drill Planning Complete, Portugal
26th Jun 20177:00 amRNSPreliminary Metallurgical Test Work, Portugal
16th Jun 20177:00 amRNSOman Copper Mine Licencing Update
13th Jun 201710:31 amRNSHolding(s) in Company
13th Jun 201710:30 amRNSHolding(s) in Company
5th Jun 20177:00 amRNSAppointment of Sole Broker
1st Jun 20177:00 amRNSIssue of Shares - Portuguese Acquisition
30th May 20177:00 amRNSCompletion of Mutamba Scoping Study
25th May 20177:00 amRNSStrategic Lithium Acquisition, Portugal
12th May 20177:00 amRNSCopper Mine Licencing and Studies Update
26th Apr 201712:00 pmRNSResult of AGM and Issue of Ordinary Shares
30th Mar 20177:00 amRNSMahab 4 and Maqail South Licencing and Studies
29th Mar 201712:00 pmRNSNew Corporate Presentation
27th Mar 20179:39 amRNS900Mt Resource Defined at Ravene, Mutamba Project
2nd Mar 20177:00 amRNSUpdate on £1.01 million Subscription
28th Feb 20177:01 amRNSHigh Grade HMS Mineralisation Confirmed at Ravene
28th Feb 20177:00 amRNSOman Exploration Update
24th Feb 20177:00 amRNSFinal Results and Notice of AGM
22nd Feb 20177:00 amRNSRaised £2.24m and LOI for further £1.01m
6th Feb 20177:00 amRNSMetallurgical Test Work Update, Oman Projects
1st Feb 20177:00 amRNSRavene Drill Programme Completed at Mutamba
23rd Dec 20167:00 amRNSIssue of Share Options
22nd Dec 20167:00 amRNS7 Lithium Bearing Pegmatites Identified, Finland
13th Dec 20167:40 amRNSPre-development Programme Underway at Mutamba
13th Dec 20167:02 amRNSNew Presentation and Investor Evening Agenda
13th Dec 20167:00 amRNSRavene Drilling Programme Underway at Mutamba
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28th Nov 20167:00 amRNSExercise of Options
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24th Oct 20167:00 amRNSEIA Underway at Mahab 4 and Maqail South
12th Oct 20167:00 amRNSCompletion of £0.83 million Subscription
11th Oct 20167:00 amRNSRio Tinto and Savannah Mutamba/Jangamo Consortium
30th Sep 20164:06 pmRNSHolding(s) in Company
30th Sep 20161:00 pmRNSHolding(s) in Company
30th Sep 20167:01 amRNSInterim Results
30th Sep 20167:00 amRNSRio Tinto and Savannah Mutamba/Jangamo JV Update
26th Sep 20167:00 amRNSCash placing and subscription of GBP1.42 million
22nd Sep 20167:00 amRNSBlock 5 Mining Licence Applications Submitted
12th Sep 20167:00 amRNSHigh Grade Copper Intersected in Oman
7th Sep 20161:54 pmRNSREPLACEMENT: Anomalous Lithium Identified, Finland
7th Sep 20167:00 amRNSAnomalous Lithium Identified on Finland Projects
4th Aug 20167:00 amRNSOman Resource Drilling Update
28th Jul 20167:00 amRNSFinland Lithium Initiative - Exploration Underway
12th Jul 20167:00 amRNSBoard Appointments
29th Jun 20167:00 amRNSRio Tinto and Savannah Joint Venture Update

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