Savannah Resources - Notification of Major Shareholding

Savannah Resources

11/05/2026 07:00

RNS Number : 7607D

Savannah Resources PLC

11 May 2026

 

 

11 May 2026                                                                                

Savannah Resources Plc

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

 

Notification of Major Shareholding

 

An Event Changing the Breakdown of Voting Rights

 

Savannah Resources Plc, the developer of the Barroso Lithium Project (the 'Project') in Portugal, a 'Strategic Project' under the European Critical Raw Materials Act and Europe's largest spodumene lithium deposit, announces that it has received the following TR-1 notification in relation to the disposal of shares by Al Marjan Limited, presented below.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B647W791

Issuer Name

SAVANNAH RESOURCES PLC

UK or Non-UK Issuer

UK

 

2. Reason for Notification

An acquisition or disposal of voting rights

 

3. Details of person subject to the notification obligation

Name

Al Marjan Limited

City of registered office (if applicable)

George Town

Country of registered office (if applicable)

Cayman Islands

 

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

 

5. Date on which the threshold was crossed or reached

8 May 2026

 

6. Date on which Issuer notified

8 May 2026

 

7. Total positions of person(s) subject to the notification obligation

 

% of voting rights attached to shares (total of 8.A)
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)
Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached
10.8154
0.0000
10.8154
278,405,446
Position of previous notification (if applicable)
11.0679
0.0000
11.0679
284,905,446

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 

Class/Type of shares ISIN code(if possible)
Number of direct voting rights (DTR5.1)
Number of indirect voting rights (DTR5.2.1)
% of direct voting rights (DTR5.1)
% of indirect voting rights (DTR5.2.1)
GB00B647W791
278,405,446
10.8154%
Sub Total 8.A
278,405,446
10.8154%

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 

Type of financial instrument
Expiration date
Exercise/conversion period
Number of voting rights that may be acquired if the instrument is exercised/converted
% of voting rights
Sub Total 8.B1


 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 

Type of financial instrument
Expiration date
Exercise/conversion period
Physical or cash settlement
Number of voting rights
% of voting rights
Sub Total 8.B2


 

9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled 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.

Ultimate controlling person
Name of controlled undertaking
% of voting rights if it equals or is higher than the notifiable threshold
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold
Total of both if it equals or is higher than the notifiable threshold


 

10. In case of proxy voting

 

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

 

 

12. Date of Completion

8 May 2026

 

13. Place Of Completion

George Town, Cayman Islands

 

 

Savannah - Enabling Europe's energy transition.

**ENDS**

Follow @SavannahRes on X

Follow Savannah Resources on LinkedIn

 

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

 

Savannah Resources PLC
Emanuel Proença, CEO
Tel: +44 20 7117 2489
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker)
David Hignell/ Charlie Bouverat (Corporate Finance)
Grant Barker/Abigail Wayne (Sales & Broking)
Tel: +44 20 3470 0470
Canaccord Genuity Limited (Joint Broker)
James Asensio / Charlie Hammond (Corporate Broking)
Ben Knott (Sales)
Tel: +44 20 7523 8000
Savannah Resources PLC (Portugal Media Relations)
Antonio Neves Costa, Communications Manager
Tel: +351 962 678 912

 

 

 

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, was classified as a 'Strategic Project' by the European Commission under the Critical Raw Materials Act in March 2025 and was approved for a Portuguese State development Grant of up to €110m in January 2026.

 

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".

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