Sharenet Sites 
Sharenet Sites
Registration of capital reduction and effective date
Pan African Resources PLC Pan African Resources Funding Company
(Incorporated and registered in England and Wales Limited
under the Companies Act 1985 with registered Incorporated in the Republic of South Africa
number 3937466 on 25 February 2000) with limited liability
Share code on AIM: PAF Registration number: 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)
REGISTRATION OF CAPITAL REDUCTION AND EFFECTIVE DATE
The Company is pleased to announce that, further to the announcement on 10 June 2024, confirming
the passing of the resolution at the general meeting of the Company to approve the cancellation of
the Company's share premium account (the "Capital Reduction Resolution"), the reduction of capital
("Capital Reduction") has now become effective.
Following the passing of this resolution, formal approval by the High Court of Justice (the "Court") of
the Capital Reduction was granted on 2 July 2024. The Court order confirming the Capital Reduction
and statement of capital approved by the Court, was registered with the Registrar of Companies on
18 July 2024, and therefore the Capital Reduction became effective on this date.
Details of the Capital Reduction, the purpose of which was to create distributable reserves and to
enable the Company to address certain historic dividends issues, were more particularly set out in the
Company's notice of general meeting, published by the Company on 24 May 2024, a copy of which is
available on the Company's website.
Following the Capital Reduction, the Company's net asset value and number of ordinary shares of
2,222,862,046 in issue (including 306,358,058 shares held in treasury) remains unchanged.
Rosebank
19 July 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 3869 0706
info@paf.co.za info@paf.co.za
Chief executive officer Financial director and debt officer
Cobus Loots Deon Louw
Office: + 27 (0)11 243 2900 Office: + 27 (0)11 2432900
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 3869 0706 Office: +44 (0)20 7418 8900
JSE Sponsor and JSE debt sponsor Joint broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited
Office: + 27 (0)11 011 9200 Office: +44 (0)20 7236 1010
Joint broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG
Office: +44 (0)20 3207 7800
Date: 19-07-2024 01:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
