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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Savannah Resources Plc | AQSE:SAV.GB | Aquis Stock Exchange | Ordinary Share | GB00B647W791 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.90 | 3.70 | 4.10 | 3.90 | 3.90 | 3.90 | 0.00 | 06:49:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSAV
RNS Number : 0608S
Savannah Resources PLC
11 July 2022
11 July 2022
Savannah Resources Plc
(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah,' 'Company,' 'Proponent')
PDMR Notification
Savannah, the resource development company focused on becoming Europe's most significant producer of spodumene lithium concentrate from its Barroso Lithium Project in Portugal, has been informed that, Mr Dale John Ferguson, Interim CEO/Director, aquired a total of 900,000 Ordinary Shares of GBP0.01 each in the Company ("Ordinary Shares") at an average price of 2.100 pence per Ordinary Share totalling GBP18,900.
Following this acquisition Mr Ferguson has a total beneficial interest in 50,481,604 Ordinary Shares representing 2.99% of the Company's issued shared capital held directly and via his holding in the Company's second largest shareholder, Slipstream Resources Investments Pty Ltd.
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: Dale John Ferguson ----------------------------------------- -------------------------------- 2. Reason for the notification --------------------------------------------------------------------------- a) Position/status: Interim CEO/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: Ordinary Shares of GBP0.01 Identification code: each ISIN: GB00B647W791 ----------------------------------------- -------------------------------- b) Nature of the transaction: Purchase of Ordinary Shares ----------------------------------------- -------------------------------- c) Price(s) and volume(s): Price(s) Volume(s) 2.1000 pence 900,000 ------------- ----------------------------------------- -------------------------------- d) Aggregated information: Single transaction as Aggregated volume: in 4 c) above Price: ----------------------------------------- -------------------------------- e) Date of the transaction: 8 July 2022 ----------------------------------------- -------------------------------- f) Place of the transaction: London Stock Exchange ----------------------------------------- --------------------------------
Regulatory Information
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").
Savannah - Enabling Europe's energy transition.
**ENDS**
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For further information please visit www.savannahresources.com or contact:
Savannah Resources PLC Tel: +44 20 7117 2489 Dale Ferguson, 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 RBC Capital Markets (Joint Broker) Tel: +44 (0) 20 7653 4000 Farid Dadashev/ Jamil Miah WH Ireland Limited (Joint Broker) Tel: +44 20 7220 1666 Jessica Cave/ Ben Good/ Darshan Patel (Corporate Finance) Aimee McCusker (Corporate Broking) Camarco (Financial PR) Tel: +44 20 3757 4980 Gordon Poole/ Emily Hall
About Savannah
Savannah is the owner of the Barroso Lithium Project, located close to key infrastructure in Northern Portugal which contains the most significant spodumene lithium resource in Western Europe. With a positive Scoping Study which outlined a conventional mine and concentrator operation producing 175,000t of spodumene concentrate per annum, Savannah is progressing the development and environmental licensing of the Barroso Lithium Project. A Definitive Feasibility Study is underway, and Portugal's environmental regulator is currently evaluating Savannah's Environmental Impact Assessment study. The Company is listed and regulated on the London Stock Exchange's Alternative Investment Market (AIM: SAV). The Company's ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB: SAV), and the Börse Stuttgart (SWB: SAV).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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(END) Dow Jones Newswires
July 11, 2022 09:50 ET (13:50 GMT)
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