Pan African - general meeting notice
Notice is hereby given that a General Meeting of Shareholders (˘General Meeting÷) will be held at the offices of Numis Securities Ltd., The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT on Thursday, 9 February 2017 at 09:30. Please note that as the General Meeting will be held at The London Stock Exchange (˘LSE÷) all attendees will be required to show ID in order to gain entry to the meeting venue. The resolutions passed at the companyĂs Annual General Meeting held on 25 November 2016 did not include the customary resolution to disapply the statutory pre-emption rights or, as is required in terms of the Listings Requirements of the JSE Ltd. (˘JSE÷), to allow the company to carry out a general issue of ordinary shares for cash (˘General Issue÷).The company now wishes to obtain the rights to provide the board of directors (˘Board÷) with the flexibility to proceed with a General Issue, as and when suitable opportunities arise. Accordingly, the General Meeting is being convened in order to propose, amongst other things, a resolution to disapply the statutory pre-emption rights and a resolution as required by the JSE to allow the company to proceed with a General Issue.
A circular to Shareholders (˘the Circular÷) setting out details of the proposed resolutions, including the notice convening the General Meeting, will be posted to Shareholders on Tuesday, 17 January 2017.
Shareholders are advised that the Circular and Notice of General Meeting will be available on the companyĂs website http://www.panfricanresources.com from Tuesday, 17 January 2017.
Salient dates and times in relation to the General Meeting
The salient dates and times in relation to the General Meeting are set out below:
Posting of Circular and notice of General Meeting - Tuesday, 17 January 2017
Last day to trade to be eligible to participate and vote at the General Meeting - Thursday, 2 February 2017
Record date to be eligible to participate and vote at the General Meeting - Tuesday, 7 February 2017
Latest time and date for receipt of completed forms of proxy for the General Meeting (or electronic proxy appointments) at 09:30 a.m. GMT Tuesday, 7 February 2017
Latest time and date for receipt of CREST Proxy Instruction at 09:30 a.m. GMT Tuesday, 7 February 2017
General Meeting be held at 9.30 a.m. GMT on Tuesday, 7 February 2017 at the offices of Numis Securities Ltd. at The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT - Thursday, 9 February 2017
Results of General Meeting released on the regulatory news service of the JSE and the LSE - Thursday, 9 February 2017