Last checked at 25 Jun 2020 11:50
25 June 2020
Savannah Resources Plc
('Savannah' or the 'Company')
Result of Annual General Meeting and Presentation by CEO
Savannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 'Company'), the resource development company, is pleased to advise that all resolutions were duly passed at its Annual General Meeting held earlier today.
To ensure shareholders' votes were taken account of, the resolutions were voted on by way of a poll. The proxy votes received in relation to the resolutions were as follows:
Resolutions | Votes For | Votes Against | Votes Discretionary | Votes Withheld | Total Votes |
1. Approval of the Financial Statements | 553,101,718 | 117,009 | 41,772 | 0 | 553,260,499 |
2.Re-appointment of David Archer | 552,762,638 | 442,970 | 41,772 | 13,119 | 553,260,499 |
3. Re-appointment of Maqbool Sultan | 552,562,638 | 625,961 | 41,772 | 30,128 | 553,260,499 |
4. Re-appointment of BDO LLP as auditors of the Company | 553,070,198 | 142,970 | 41,772 | 5,559 | 553,260,499 |
5. Authorisation of the Directors to allot up to £5,900,000 securities | 552,572,638 | 646,089 | 41,772 | 0 | 553,260,499 |
6. To dis-apply pre-emption rights | 553,079,955 | 138,772 | 41,772 | 0 | 553,260,499 |
Following today's AGM, the Chief Executive Officer is providing a short presentation followed by a Q&A. This was scheduled to be broadcast at 11:00 and is delayed due to a technical issue with the platform provider, nevertheless the Company would like to express its apologies to its shareholders who have been with waiting for this to go live. It is expected to go live shortly. A replay of this webcast and the presentation will be available on the Company's website this afternoon.
Presentation: http://www.savannahresources.com/investor-relations/presentations-and-reports/
Webcast: http://www.savannahresources.com/investor-relations/media-and-webcasts/
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014
**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
| Tel: +44 20 7220 0500
|
WH Ireland (Joint Broker) James Joyce/ Matt Chan (Corporate Finance) Adam Pollock/ Jasper Berry (Corporate Broking)
| Tel: +44 20 7220 1698
|
St Brides Partners Ltd (Financial PR) Charlotte Page / Cosima Akerman | 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".