TR-1: Standard form for notification of major holdings
Pan African Resources PLC Pan African Resources Funding
(Incorporated and registered in England Company Limited
and Wales under the Companies Act 1985 Incorporated in the Republic of
with registered number 3937466 on 25 South Africa with limited liability
February 2000) Registration number:
Share code on AIM: PAF 2012/021237/06
Share code on JSE: PAN Alpha code: PARI
ISIN: GB0004300496
ADR ticker code: PAFRY
("Pan African" or the "Company" or the
"Group")
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0004300496
Issuer Name
PAN AFRICAN RESOURCES PLC
UK or Non-UK Issuer
UK Issuer
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
M&G Plc
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s)
subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
24-Oct-2024
6. Date on which Issuer notified
25-Oct-2024
7. Total positions of person(s) subject to the notification
obligation
% of voting
% of voting rights through Total of both Total number of
rights attached financial in % (8.A + voting rights
to shares (total instruments 8.B) held in issuer
of 8.A) (total of 8.B 1 +
8.B 2)
Resulting
situation on the
date on which 4.941718 0.000000 4.941718 94708229
threshold was
crossed or
reached
Position of
previous 5.060943 0.000000 5.060943
notification (if
applicable)
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of Number of Number of indirect % of indirect
shares ISIN code(if direct voting voting rights % of direct voting voting rights
possible) rights (DTR5.2.1) rights (DTR5.1) (DTR5.2.1)
(DTR5.1)
GB0004300496 0 94708229 0.000000 4.941718
Sub Total 8.A 94708229 4.941718%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Number of voting rights that % of
Type of financial Expiration Exercise/conversion may be acquired if the voting
instrument date period instrument is rights
exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of Expiration Exercise/conversion Physical or cash Number of % of
financial date period settlement voting rights voting
instrument rights
Sub Total 8.B2
9. Information in relation to the person subject to the
notification obligation
2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add
additional rows as necessary)
% of voting % of voting rights Total of both
rights if it through financial if it equals or
Ultimate Name of controlled equals or is instruments if it is higher
controlling person undertaking higher than equals or is higher than the
the notifiable than the notifiable notifiable
threshold threshold threshold
M&G Plc (Parent
M&G Plc
Company)
M&G Group
Regulated Entity
Holding Company
M&G Plc
Limited (wholly
owned subsidiary of
M&G Plc)
M&G Group Limited
(wholly owned
subsidiary of M&G
M&G Plc
Group Regulated
Entity Holding
Company Limited)
M&G FA Limited
(wholly owned
M&G Plc
subsidiary of M&G
Group Limited)
MandG
Investments
Southern Africa
M&G Plc
(Pty) Ltd (majority
owned subsidiary of
M&G FA Limited)
MandG Investment
Managers (Pty) Ltd
(wholly owned
subsidiary of
M&G Plc
MandG
Investments
Southern Africa
(Pty) Ltd)
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
We no longer hold a notifiable interest
12. Date of Completion
25-Oct-2024
13. Place Of Completion
London, United Kingdom
Rosebank
28 October 2024
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Corporate information
Corporate office Registered office
The Firs Building 2nd Floor
2nd Floor, Office 204 107 Cheapside
Cnr. Cradock and Biermann Avenues London
Rosebank, Johannesburg EC2V 6DN
South Africa United Kingdom
Office: + 27 (0)11 243 2900 Office: + 44 (0)20 7796 8644
info@paf.co.za info@paf.co.za
Chief executive officer Financial director and debt officer
Cobus Loots Marileen Kok
Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900
Head: Investor relations Website: www.panafricanresources.com
Hethen Hira
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za
Company secretary Nominated adviser and joint broker
Jane Kirton Ross Allister/Georgia Langoulant
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0)20 7796 8644 Office: +44 (0)20 7418 8900
JSE Sponsor and JSE debt sponsor Joint broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary BMO Capital Markets Limited
Limited Office: +44 (0)20 7236 1010
Office: + 27 (0)11 011 9200
Joint broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG
Office: +44 (0)20 3207 7800
Date: 28-10-2024 09:00:00
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