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RNS Number : 4285N Savannah Resources PLC 18 June 2025
18 June 2025
Savannah Resources Plc
(AIM: SAV) ('Savannah', or the 'Company')
PDMR Notification
Savannah Resources plc, the European lithium development company, has been
informed that Mr Bruce John Griffin, Non-Executive Director, transferred
1,110,572 ordinary shares (representing 0.05% of the issued share capital of
the Company) held by Farview Solutions Limited (a company which Bruce Griffin
and his wife are the 100% owners) into a personal account held by Bruce
Griffin and his wife (the "Transfer"). There has been no change in beneficial
holding or ownership (being Mr Griffin and his spouse) as a result of the
Transfer.
Savannah - Enabling Europe's energy transition.
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For further information please visit www.savannahresources.com or contact:
Savannah Resources PLC Tel: +44 20 7117 2489
Emanuel Proença, CEO
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) Tel: +44 20 3470 0470
David Hignell/ Charlie Bouverat (Corporate Finance)
Grant Barker/Abigail Wayne (Sales & Broking)
Tel: +44 20 7523 8000
Canaccord Genuity Limited (Joint Broker)
James Asensio / Charlie Hammond (Corporate Broking)
Ben Knott (Sales)
Portugal Media Relations Tel: +351 962 678 912
António Neves Costa (Communications Manager)
About Savannah
Savannah Resources is a mineral resource development company and the sole
owner of the Barroso Lithium Project (the 'Project') in northern Portugal. The
Project is the largest battery-grade spodumene lithium resource outlined to
date in Europe and was classified as a 'Strategic Project' by the European
Commission under the Critical Raw Materials Act in March 2025.
Through the Project, Savannah will help Portugal to play an important role in
providing a long-term, locally sourced, lithium raw material supply for
Europe's lithium battery value chain. Once in operation, the Project will
produce enough lithium (contained in c.190,000tpa of spodumene concentrate)
for approximately half a million vehicle battery packs per year and hence make
a significant contribution towards the European Commission's Critical Raw
Material Act goal of a minimum 10% of European endogenous lithium production
from 2030. Savannah is focused on the responsible development and operation of
the Barroso Lithium Project so that its impact on the environment is minimised
and the socio-economic benefits that it can bring to all its stakeholders are
maximised.
The Company is listed and regulated on the AIM Market of the London Stock
Exchange and trades under the ticker "SAV".
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: Bruce John Griffin
2. Reason for the notification
a) Position/status: Non-Executive Director
b) Initial notification/Amendment: 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 of the financial instrument, type of instrument: Ordinary Shares of 1 pence each in the Company ("Ordinary Shares")
Identification code: ISIN:GB00B647W791
b) Nature of the transaction: Transfer of Ordinary Shares from Farview Solutions Limited into a personal
account
c) Price(s) and volume(s):
Price(s) Volume(s)
(i) £ 0.037 pence 1,110,572
d) Aggregated information:
Aggregated volume: N/A
Price:
e) Date of the transaction: 5 June 2025
f) Place of the transaction: London Stock Exchange
d)
Aggregated information:
Aggregated volume:
Price:
N/A
e)
Date of the transaction:
5 June 2025
f)
Place of the transaction:
London Stock Exchange
**ENDS**
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