Purchase of shares by CEO
Savannah Resources Plc announced that its CEO, Emanuel Proença, purchased 235,000 ordinary shares for £7,872.50 at 3.35 pence per share on November 21, 2025. Following this transaction, Mr. Proença beneficially owns 3,359,556 shares, representing 0.13% of the company's issued share capital. This purchase by a key executive could be viewed positively by the market, indicating confidence in the company's Barroso Lithium Project.
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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.
| 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 | ||||
| a) | Name: | Savannah Resources Plc | ||||
| b) | LEI: | 213800UCK16HW5KKGP60 | ||||
| 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): |
| ||||
| 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
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.