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LONDON - Savannah Resources (LON:SAVS) Plc (AIM:SAV) Non-Executive Director Bruce Griffin has transferred 1,110,572 ordinary shares from Farview Solutions Limited to a personal account, according to a company statement Wednesday. The transferred shares represent 0.05% of the company’s issued share capital.
The company noted there has been no change in beneficial ownership as a result of the transaction, as both Farview Solutions Limited and the personal account are owned by Griffin and his wife.
The transfer was executed on June 5 at a price of £0.037 per share.
Savannah Resources, which describes itself as a European lithium development company, owns the Barroso Lithium Project in northern Portugal. The project was classified as a "Strategic Project" by the European Commission under the Critical Raw Materials Act in March 2025.
According to the company’s press release statement, the Barroso project represents the largest battery-grade spodumene lithium resource outlined to date in Europe. When operational, the project is expected to produce lithium sufficient for approximately half a million vehicle battery packs annually.
Savannah Resources is listed on the AIM Market of the London Stock Exchange (LON:LSEG).
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