Savannah Resources PLC Non-Executive Director Dealings (3007Q)
October 17 2023 - 2:00AM
UK Regulatory
TIDMSAV
RNS Number : 3007Q
Savannah Resources PLC
17 October 2023
17 October 2023
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah,' or the
'Company')
Non-Executive Director Dealings
Savannah, the resource development company focused on becoming
Europe's most significant producer of spodumene lithium concentrate
from its Barroso Lithium Project in Portugal, has been informed
that, Mr. Bruce Griffin, (Non-Executive Director) via his Company,
Farview Solutions Limited, acquired a total of 110,572 Ordinary
Shares of GBP0.01 each in the Company ("Ordinary Shares"), at an
average price of 3.26176 pence per Ordinary Share, totalling
GBP3,606.59.
Following this acquisition, Mr. Griffin has a total beneficial
interest in 110,572 Ordinary Shares, representing 0.01% 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: Bruce Griffin
----------------------------------------- ---------------------------------
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: Ordinary Shares of GBP0.01
Identification code: each
ISIN: GB00B647W791
----------------------------------------- ---------------------------------
b) Nature of the transactions: Purchase of Ordinary Shares
----------------------------------------- ---------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1. 2.900 pence 1. 10,572
2. 3.300 pence 2. 100,000
------------
----------------------------------------- ---------------------------------
d) Aggregated information: 110,572
Aggregated volume: 3.26176 pence average
Price:
----------------------------------------- ---------------------------------
e) Date of the transactions: 1. 12 October 2023
2. 16 October 2023
----------------------------------------- ---------------------------------
f) Place of the transactions: London Stock Exchange
----------------------------------------- ---------------------------------
Regulatory Information
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").
Savannah -Enabling Europe's energy transition.
**ENDS**
Follow @SavannahRes on X (Formerly known as Twitter)
Follow Savannah Resources on LinkedIn
For further information please visit www.savannahresources.com
or contact:
Savannah Resources PLC Tel: +44 20 7117 2489
Emanuel Proença, CEO
SP Angel Corporate Finance LLP (Nominated Tel: +44 20 3470 0470
Advisor & Joint Broker)
David Hignell/ Charlie Bouverat (Corporate
Finance)
Grant Barker/Abigail Wayne (Sales & Broking)
RBC Capital Markets (Joint Broker) Tel: +44 (0) 20 7653 4000
Farid Dadashev/ Jamil Miah
Camarco (Financial PR) Tel: +44 20 3757 4980
Gordon Poole/ Emily Hall / Fergus Young
LPM ( Portugal Media Relations) Tel: +351 218 508 110
Herminio Santos/ Jorge Coelho
About Savannah
Savannah Resources is a mineral resource development company and
sole owner of the Barroso Lithium Project in northern Portugal.
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. Through the
Barroso Lithium Project, Savannah can help Portugal to play an
important role in providing a long-term, locally sourced, lithium
raw material supply for Europe's rapidly developing lithium battery
value chain. Production is targeted to begin in 2026, producing
enough lithium for 0.5m vehicle battery packs per year.
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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END
DSHEAEEKFEEDFAA
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October 17, 2023 02:00 ET (06:00 GMT)
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