Corporate Presentation and PDMR Notification

RNS Number : 3755W

Savannah Resources PLC

23 April 2021

 

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
2	Reason for the notification
a)	Position/status	1.  Chairman 2.  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 1p each ISIN: GB00B647W791
b)	Nature of the transaction	Participation in Placing
c)	Price(s) and volume(s)	Number of Shares Price per Share 1.  312,500 4 pence 2.  250,000 4 pence
d)	Aggregated information Aggregated volume Price	As (c) above 4 pence
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: [phone]
SP Angel Corporate Finance LLP (Nominated Advisor) David Hignell / Charlie Bouverat	Tel: [phone]
finnCap Ltd (Joint Broker) Christopher Raggett/ Tim Redfern	Tel: [phone]
WH Ireland Limited (Joint Broker) Jessica Cave / Matthew Chan (Corporate Finance) Adam Pollock (Corporate Broking)	Tel: [phone]
Camarco (Financial PR) Nick Hennis / Gordon Poole	Tel: [phone]

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".

 

END

 

 

MSCDKBBKKBKBAQB