Savannah Resources PLC Exercise of Options (1047E)
07 2월 2018 - 4:00PM
UK Regulatory
TIDMSAV
RNS Number : 1047E
Savannah Resources PLC
07 February 2018
Savannah Resources Plc / Index: AIM / Epic: SAV / Sector:
Mining
7 February 2018
Savannah Resources Plc
Exercise of Options
Savannah Resources plc (AIM: SAV) ('Savannah', or the
'Company'), the AIM quoted resource development company, announces
that it has issued 233,336 new ordinary shares of 1 pence each in
the capital of the Company ("Ordinary Shares") in respect of 2013
Share Options at an exercise price of 4.62 pence per share (the
"New Shares"), following an exercise of share options.
Application will be made for the New Shares, which will rank
pari passu with existing Ordinary Shares, to be admitted to trading
on AIM ('Admission'). It is expected that Admission will become
effective and dealings will commence at 8:00am on or around 12
February 2018.
Total Voting Rights
Following Admission, the total issued share capital of the
Company will consist of 637,083,722 Ordinary Shares. This number
may be used by shareholders as the denominated 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
FCA's Disclosure and Transparency Rules.
This Announcement contains inside information for the purposes
of Article 7 of the Regulation (EU) 596/2014.
*ENDS*
For further information please visit www.savannahresources.com
or contact:
David Archer Savannah Resources Tel: +44 20
plc 7117 2489
David Hignell / Gerry Northland Capital Tel: +44 20
Beaney (Nominated Partners Ltd 3861 6625
Adviser)
Christopher Raggett finnCap Ltd Tel: +44 20
/ Emily Morris (Joint 7220 0500
Broker)
Jon Belliss Beaufort Securities Tel: +44 20
(Joint Broker) Ltd 7382 8300
Charlotte Page / St Brides Partners Tel: +44 20
Lottie Wadham Ltd 7236 1177
About Savannah
Savannah is 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. Savannah is committed
to serving the interests of our shareholders and to delivering
outcomes that will improve the lives of our staff and the
communities the Company works with.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 07, 2018 02:00 ET (07:00 GMT)
Savannah Resources (AQSE:SAV.GB)
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