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SAV Savannah Resources Plc

3.35
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Savannah Resources Plc LSE:SAV London Ordinary Share GB00B647W791 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.35 3.30 3.40 3.35 3.35 3.35 938,128 07:36:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -2.86M -0.0016 -20.94 61.24M

Savannah Resources PLC Holding(s) in Company (5369N)

25/09/2019 7:01am

UK Regulatory


TIDMSAV

RNS Number : 5369N

Savannah Resources PLC

25 September 2019

Notification of Substantial Shareholding

 
 1a. Identity of the issuer or the                                      Savannah Resources Plc 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights                                                      x 
                                                                                                     ---- 
 Other (please specify)(iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         David Stuart Archer 
 City and country of registered office 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3) 
 Name 
                                                             -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           19 September 2019 
  crossed or reached(vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               24 September 2019 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               3.38                0.80                   4.18            1,235,359,820 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              5.03                1.16                   6.19 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                           Direct                      Indirect                       Direct                  Indirect 
                     (Art 9 of Directive         (Art 10 of Directive           (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)                2004/109/EC)              2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                   (DTR5.2.1)                                             (DTR5.2.1) 
                                           ------------------------------- 
 GB00B647W791       41,756,649                                               3.38 
                   ----------------------  -------------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                            41,756,649                                              3.38 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
 financial           date(x)      Conversion Period(xi)                rights that may                   rights 
 instrument                                                            be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 Warrants over 
  Ordinary Shares 
  with a 6p                      At any time prior 
  exercise                        to the expiration 
  price             14/07/2020    date                                2,857,143                         0.23 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 Options over 
  Ordinary Shares                At any time prior 
  with a 7.59p                    to the expiration 
  exercise price    28/02/2021    date                                7,000,000                         0.57 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
                                 SUBTOTAL 8. B 1                      9,857,143                         0.80 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                        X 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
     Name(xv)        % of voting rights      % of voting rights       Total of both if 
                       if it equals or        through financial        it equals or is 
                      is higher than the      instruments if it        higher than the 
                     notifiable threshold    equals or is higher     notifiable threshold 
                                             than the notifiable 
                                                  threshold 
                   ----------------------  ---------------------  ------------------------ 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                           ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                           ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                           ----------------------------------------------- 
 
 11. Additional information(xvi) 
 The conditions of the warrants referred to in 8B1 to this form stipulate 
  that the warrants cannot be exercised where such exercise would trigger 
  a requirement to make a mandatory offer under The City Code on Takeovers 
  and Mergers. 
 
 
 
 Place of completion   London, UK 
 Date of completion    24 September 2019 
                      ------------------ 
 

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.

END

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