Savannah Resources PLC Statement re: joint broker (5647G)
02 3월 2018 - 9:58PM
UK Regulatory
TIDMSAV
RNS Number : 5647G
Savannah Resources PLC
02 March 2018
2 March 2018
Savannah Resources Plc
Statement re: joint broker
Savannah Resources plc (AIM: SAV and SWB: SAV) ('Savannah', or
the 'Company'), the AIM quoted resource development company, notes
the Financial Conduct Authority's ("FCA") announcement today
regarding Beaufort Securities Limited ("BSL") and Beaufort Asset
Clearing Services Limited (the "Firms") being placed into
insolvency.
The FCA's announcement disclosed that the FCA has imposed
requirements requiring the Firms to cease all regulatory activity.
BSL were a joint broker to Savannah. As a result of the
requirements imposed by the FCA, BSL will no longer be able to
provide broking services to Savannah.
Northland Capital Partners continue to act as nominated adviser
and finnCap continue to act as broker.
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 / Dugald Northland Capital Tel: +44 20
J. Carlean (Nominated Partners Limited 3861 6625
Adviser)
Christopher Raggett finnCap Ltd Tel: +44 20
/ Emily Morris (Broker) 7220 0500
Charlotte Page / St Brides Partners Tel: +44 20
Lottie Wadham Ltd 7236 1177
(Financial PR)
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.
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 company news service from the London Stock Exchange
END
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March 02, 2018 07:58 ET (12:58 GMT)
Savannah Resources (AQSE:SAV.GB)
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