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RNS Number : 9275M
Savannah Resources PLC
19 September 2023
 

 

 

19 September 2023

Savannah Resources Plc

(AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah', or the 'Company')

 

Mr Manohar Pundalik Shenoy

 

It is with deep sadness that the Board of Savannah announces the passing of Mr. Manohar Pundalik Shenoy, Non-Executive Director of the Company. The Board extends its sincerest condolences and sympathies to Mr Shenoy's family and friends.

 

Manohar joined Savannah's Board in 2016 as an alternate Director for one of the nominees of Al Marjan, Savannah's largest shareholder. He became a Non-Executive Director in his own right in April 2022 and was Chairman of the Board's Audit and Risk Committee and served on the Remuneration Committee.

 

In paying tribute to Manohar, Savannah's Chairman, Matthew King, Said, "Manohar was a committed member of the Savannah Board who commanded great respect for his business acumen and human decency. We will miss his valued contributions, particularly as Chairman of our Audit and Risk Committee. I have great admiration for his dedication to Savannah which continued unabated throughout his recent illness. My deepest sympathies for his wife, Saroj, and son, Sailesh."

 

Savannah - Enabling Europe's energy transition.

 

**ENDS**

 

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For further information please visit www.savannahresources.com or contact:

 

Savannah Resources PLC

Emanuel Proença, CEO

 

Tel: 44 20 7117 2489

 

 

SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker)

David Hignell/ Charlie Bouverat (Corporate Finance)

Grant Barker/Abigail Wayne (Sales & Broking)

 

 

 

Tel: 44 20 3470 0470

 

 

RBC Capital Markets (Joint Broker)

Farid Dadashev/ Jamil Miah

 

Tel: 44 20 7653 4000

 

Camarco (Financial PR)

Gordon Poole/ Emily Hall / Fergus Young

Tel: 44 20 3757 4980

 


LPM (Portugal Media Relations)

Herminio Santos/ Jorge Coelho

Tel: 351 218 508 110

 

 

About Savannah

Savannah Resources is a mineral resource development company and sole owner of the Barroso Lithium Project in northern Portugal.

 

Savannah is focused on the responsible development and operation of the Barroso Lithium Project so that its impact on the environment is minimised and the socio-economic benefits that it can bring to all its stakeholders are maximised. Through the Barroso Lithium Project, Savannah can help Portugal to play an important role in providing a long-term, locally sourced, lithium raw material supply for Europe's rapidly developing lithium battery value chain. Production is targeted to begin in 2026, producing enough lithium for approximately half a million vehicle battery packs per year.

 

The Company is listed and regulated on AIM and the Company's ordinary shares are also available on the Quotation Board of the Frankfurt Stock Exchange (FWB) under the symbol FWB: SAV, and the Börse Stuttgart (SWB) under the ticker "SAV".

 

 

 

 

 

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