Pluris Investments increases stake in Savannah Resources to 10%

London - Pluris Investments S.A. has raised its stake in Savannah Resources Plc to 10% of the company's issued shares, according to a press release on Monday. The investment firm acquired 685,806 ordinary shares, raising its total holding to 312,251,492 voting rights. This surpasses the 10% threshold on September 30, 2026, and Savannah Resources was informed of the increase on Monday.

This rise follows a slight decrease from 9.98% after Savannah Resources completed a $40 million fundraising round. Pluris Investments, owned by Mário Nuno dos Santos Ferreira, who controls 89.99% of the firm, was required to disclose the change to the UK market by October 1, 2026. Savannah Resources is currently working on the Barroso Lithium Project in northern Portugal, which has been recognized as a Strategic Project by the European Commission under the Critical Raw Materials Act since March 2025.

The project secured a Portuguese state grant of up to €110 million in January 2026. This disclosure was processed and reported in compliance with standard regulatory procedures in the United Kingdom.