SAVANNAH RESOURCES PLC

National Storage Mechanism | Additional information

RNS Number : 3895S

Savannah Resources PLC

07 November 2013



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		Savannah Resources Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	City Financial Investment Company Limited, acting as Investment Manager and Authorised Corporate Director of the City Financial UK Equity Fund
4. Full name of shareholder(s) (if different from 3.):iv	BNY Mellon Trust and Depositary as Trustee to the City Financial UK Equity Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v	24th October 2013
6. Date on which issuer notified:	29th October 2013
7. Threshold(s) that is/are crossed or reached: vi, vii	6%


8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB00B647W791	0			0			8,485,924		8,485,924			6.13%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal		Delta


Total (A+B+C)
Number of voting rights								Percentage of voting rights
8,485,924								6.13%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:	This is a placing with TD 24/10/13 & SD 7/11/13. This notifies earlier than SD on the trade as the number of shares in issue is now updated to 138m, meaning that the percentage owned by the CF UK Equity Fund is now known.
14. Contact name:	Chris Sturdee
15. Contact telephone number:	020 7451 9600

This information is provided by RNS

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