Savannah Resources PLC PDMR Notification (3652D)
28 Junio 2021 - 9:00AM
UK Regulatory
TIDMSAV
RNS Number : 3652D
Savannah Resources PLC
28 June 2021
28 June 2021
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the
'Company')
PDMR Notification
Savannah, the resource development company focused on becoming
Europe's most significant producer of spodumene lithium concentrate
from its Mina do Barroso Project in Portugal, has been informed
that, David Archer, CEO and Director, acquired a total of 250,000
Ordinary Shares of GBP0.01 each in the Company ("Ordinary Shares")
at a price of 3.57 pence per Ordinary Share.
Following this acquisition, Mr. Archer has a total beneficial
interest in 40,656,649 Ordinary Shares, representing 2.41% 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: David Stuart Archer
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2. Reason for the notification
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a) Position/status: CEO, Director
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b) Initial notification/Amendment: Initial notification
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3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name: Savannah Resources Plc
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b) LEI: 213800UCK16HW5KKGP60
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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.
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a) Description of the financial instrument,
type of instrument: Ordinary Shares of GBP0.01
Identification code: each
ISIN: GB00B647W791
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b) Nature of the transaction: Purchase of Ordinary Shares
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c) Price(s) and volume(s): Price(s) Volume(s)
3.57 pence 250,000
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d) Aggregated information:
Aggregated volume: Single transaction as
Price: in 4 c) above
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e) Date of the transaction: 28 June 2021
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f) Place of the transaction: London Stock Exchange
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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").
**ENDS**
Follow @SavannahRes on Twitter
Follow Savannah Resources on Linkedin
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
DSHXVLFLFQLZBBZ
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June 28, 2021 10:00 ET (14:00 GMT)
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