23 August 2018
Savannah Resources Plc
PDMR Notification
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Christopher Michael McGarty
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer
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b)
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Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Savannah Resources Plc |
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b) |
LEI |
213800UCK16HW5KKGP60 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of £0.01 each
ISIN: GB00B647W791 |
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b) |
Nature of the transaction |
Disposal of Shares The sale of these shares effectively covers the purchase price and PAYE tax in relation to the share options that were previously exercised by Mr. McGarty with the balance being retained as shares in the Company.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
Aggregated volume
Price |
2,037,500
0.08
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e) |
Date of the transaction(s) |
20 August 2018 |
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f) |
Place of the transaction |
Off-market transaction |
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**ENDS**
For further information please visit www.savannahresources.com or contact:
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David Archer |
Savannah Resources plc |
Tel: 44 20 7117 2489 |
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David Hignell / Dugald J. Carlean (Nominated Adviser) |
Northland Capital Partners Ltd |
Tel: 44 20 3861 6625 |
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Christopher Raggett / Camille Gochez (Broker) |
finnCap Ltd |
Tel: 44 20 7220 0500 |
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Grant Barker (Equity Adviser) |
Whitman Howard |
Tel: 44 020 7659 1225 |
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Charlotte Page / Lottie Wadham (Financial PR) |
St Brides Partners Ltd |
Tel: 44 20 7236 1177 |
About Savannah
We are a diversified resources group (AIM: SAV) with a portfolio of energy metals projects - lithium in Portugal and copper in Oman - together with the world-class Mutamba Heavy Mineral Sands Project in Mozambique, which is being developed in a consortium with the global major Rio Tinto. We are committed to serving the interests of our shareholders and to delivering outcomes that will improve the lives of our staff and the communities we work with.
The group is listed and regulated on AIM and the Company's ordinary shares are also available on the Börse Stuttgart (SWB) under the ticker "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.