PDMR Notification

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: [phone]
David Hignell / Charlie Bouverat (Nominated Adviser)	SP Angel Corporate Finance LLP	Tel: [phone]
Christopher Raggett (Joint Broker)	finnCap Ltd	Tel: [phone]
Grant Barker (Joint Broker)	Whitman Howard	Tel: [phone]
Melissa Hancock / Cosima Akerman (Financial PR)	St Brides Partners Ltd	Tel: [phone]

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**

 

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