Director/PDMR Shareholding

RNS Number : 6080Y

Savannah Resources PLC

23 August 2018

 

23 August 2018

Savannah Resources Plc

PDMR Notification

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	Christopher Michael McGarty
2	Reason for the notification
a)	Position/status	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 £0.01 each ISIN: GB00B647W791
b)	Nature of the transaction	Disposal of Shares The sale of these shares effectively covers the purchase price and PAYE tax in relation to the share options that were previously exercised by Mr. McGarty with the balance being retained as shares in the Company.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP0.08 GBP0.08 2,000,000 37,500
d)	Aggregated information Aggregated volume Price	2,037,500 0.08
e)	Date of the transaction(s)	20 August 2018
f)	Place of the transaction	Off-market transaction

**ENDS**

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

David Archer	Savannah Resources plc	Tel: [phone]
David Hignell / Dugald J. Carlean (Nominated Adviser)	Northland Capital Partners Ltd	Tel: [phone]
Christopher Raggett / Camille Gochez (Broker)	finnCap Ltd	Tel: [phone]
Grant Barker (Equity Adviser)	Whitman Howard	Tel: [phone]
Charlotte Page / Lottie Wadham (Financial PR)	St Brides Partners Ltd	Tel: [phone]

About Savannah

We are 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. We are committed to serving the interests of our shareholders and to delivering outcomes that will improve the lives of our staff and the communities we work with.

The group is listed and regulated on AIM and the Company's ordinary shares are also available on the Börse Stuttgart (SWB) under the ticker "SAV".

 

END

 

 

DSHLLFESTDIFFIT