TIDMSAV

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      Initial notification 
       /Amendment 
     ------------------------  --------------------------------------- 
 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               Ordinary Shares of 1p each 
       of the financial 
       instrument,               ISIN: GB00B647W791 
       type of instrument 
       Identification 
       code 
     ------------------------  --------------------------------------- 
 b)   Nature of the             Participation in Placing 
       transaction 
     ------------------------  --------------------------------------- 
 c)   Price(s) and                        Number of  Price per 
       volume(s)                            Shares     Share 
                                       1.  312,500    4 pence 
                                           ---------  --------- 
                                       2.  250,000    4 pence 
                                           ---------  --------- 
     ------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       Aggregated volume 
                                  As (c) above 
       Price 
                                  4 pence 
     ------------------------  --------------------------------------- 
 e)   Date of the               20 April 2021 
       transaction(s) 
     ------------------------  --------------------------------------- 
 f)   Place of the              Outside a trading venue 
       transaction 
     ------------------------  --------------------------------------- 
 

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                     Tel: +44 20 7117 2489 
 David Archer, CEO 
SP Angel Corporate Finance LLP (Nominated  Tel: +44 20 3470 0470 
 Advisor) 
 David Hignell / Charlie Bouverat 
finnCap Ltd (Joint Broker)                 Tel: +44 20 7220 0500 
 Christopher Raggett/ Tim Redfern 
WH Ireland Limited (Joint Broker)          Tel: +44 20 7220 1698 
 Jessica Cave / Matthew Chan (Corporate 
 Finance) 
 Adam Pollock (Corporate Broking) 
Camarco (Financial PR)                     Tel: +44 20 3757 4980 
 Nick Hennis / Gordon Poole 
 

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".

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END

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April 23, 2021 02:00 ET (06:00 GMT)

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