REG - Savannah Resources - Purchase of shares by CEO

Savannah ResourcesAnnouncement

Tue 07:02

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RNS Number : 8095I  Savannah Resources PLC  25 November 2025

 

25 November 2025

 

Savannah Resources Plc

(AIM: SAV) ('Savannah,' or the 'Company')

 

Purchase of shares by CEO

 

Savannah Resources Plc, the developer of the Barroso Lithium Project in
Portugal (the 'Project'), a 'Strategic Project' under the European Critical
Raw Materials Act and Europe's largest spodumene lithium deposit, has been
informed that, on 21 November 2025 the Company's Chief Executive Officer
('CEO'), Emanuel Proença purchased 235,000 of Ordinary Shares of £0.01 each
in the Company ("Shares") at a price of 3.35 pence per Share, totaling
£7,872.50.

 

Following this acquisition, Mr. Proença has total beneficial interests in
Savannah's Shares, with voting rights, of 3,359,556, representing 0.13% 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:                                                         Emanuel Proença
 2.    Reason for the notification
 a)    Position/status:                                              CEO
 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:

       Identification code:                                          Ordinary Shares of £0.01 each

                                                                     ISIN:GB00B647W791
 b)    Nature of the transactions:                                   Purchase of Ordinary Shares
 c)    Price(s) and volume(s):                                       Price(s)    Volume(s)
                                                                     3.35 pence  235,000
 d)    Aggregated information:

       Aggregated volume:                                            235,000

       Price:                                                        3.35 pence average
 e)    Date of the transactions:                                     21 November 2025
 f)    Place of the transactions:                                    London Stock Exchange

d)

Aggregated information:

Aggregated volume:

Price:

 

235,000

3.35 pence average

e)

Date of the transactions:

21 November 2025

f)

Place of the transactions:

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**

Follow @SavannahRes on X (Formerly known as Twitter)

 

Follow Savannah Resources on LinkedIn

 

For further information please visit www.savannahresources.com or contact:

 

 Savannah Resources PLC                                                  Tel: +351 963 850 959

 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 London Stock Exchange's Alternative
Investment Market (AIM) and trades under the ticker "SAV".

 

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