07:30 Fri 03 Jan 2020
Savannah Resources - Exercise of Options and PDMR Notification
3
Exercise of Options and PDMR Notification
The Options have been exercised by
Admission and Total Voting Rights
Pursuant to the exercise of the Options, application will be made for 1,500,000 new Ordinary Shares, which will rank pari passu with existing Ordinary Shares, to be admitted to AIM ('Admission'). It is expected that Admission will become effective and dealings will commence at
Following Admission, the total issued share capital of the Company will consist of 1,298,959,820 Ordinary Shares. As such, the total number of voting rights in the Company will be 1,298,959,820 Ordinary Shares. This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest in, the Company under the
Regulatory Information
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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 |
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a) |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman |
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b)
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Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
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b) |
LEI |
213800UCK16HW5KKGP60 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of
ISIN: GB00B647W791 |
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b) |
Nature of the transaction |
Exercise of warrants |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
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f) |
Place of the transaction |
Issuer allotment |
**ENDS**
For further information please visit www.savannahresources.com or contact:
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Tel: +44 20 7117 2489 |
Bouverat (Nominated Adviser) |
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Tel: +44 20 3470 0470 |
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finnCap Ltd |
Tel: +44 20 7220 0500 |
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Tel: +44 20 7659 1225 |
Akerman (Financial PR) |
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Tel: +44 20 7236 1177 |
About Savannah
Savannah is a diversified resources group (AIM: SAV) with a portfolio of energy metals projects - lithium in
The Company is listed and regulated on AIM and the Company's ordinary shares are also available on the Quotation Board of the
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