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TR-1: Standard form for notification of major holdings
Pan African Resources PLC
(Incorporated and registered in England and Wales under the Companies Act 1985
with registered number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
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
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Ninety One SA (Pty) Ltd
City of registered office (if applicable)
Country of registered office (if applicable)
ZA
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
03-Mar-2022
6. Date on which Issuer notified
04-Mar-2022
7. Total positions of person(s) subject to the notification obligation
% of voting
% of voting
rights through Total number
rights Total of
financial of voting
. attached to both in %
instruments rights held in
shares (total (8.A + 8.B)
(total of 8.B 1 + issuer
of 8.A)
8.B 2)
Resulting
situation on the
date on which
4.987500 0.000000 4.987500 111454485
threshold was
crossed or
reached
Position of
previous
5.000000 0.000000 5.000000
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 % of direct % of indirect
shares ISIN direct voting
indirect voting voting rights voting rights
code (if rights
rights (DTR5.2.1) (DTR5.1) (DTR5.2.1)
possible) (DTR5.1)
GB0004300496 0 111454485 0.000000 4.987500
Sub Total 8.A 111454485 4.987500%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Number of voting
Type of rights that may be % of
Expiration Exercise/conversion
financial acquired if the voting
date period
instrument 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 Physical or Number % of
Expiration Exercise/conversion
financial cash of voting voting
date period
instrument settlement rights 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 through
Total of both if
rights if it financial
Ultimate Name of it equals or is
equals or is instruments if it
controlling controlled higher than the
higher than equals or is
person undertaking notifiable
the notifiable higher than the
threshold
threshold notifiable
threshold
Ninety One Ninety One
Limited Africa (Pty) 0.000000 0.000000 0.000000%
(Chain 1) Limited
Ninety One
Ninety One
Africa (Pty)
SA (Pty) 4.987500 0.000000 4.987500%
Limited
Limited
(Chain 1)
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
12. Date of Completion
04-Mar-2022
13. Place Of Completion
London
Rosebank
7 March 2022
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Contact information
Corporate Office Registered Office
The Firs Office Building Suite 31
2nd Floor, Office 204 Second Floor
Corner Cradock and Biermann Avenues 107 Cheapside
Rosebank, Johannesburg London
South Africa EC2V 6DN
Office: + 27 (0) 11 243 2900 United Kingdom
info@paf.co.za Office: + 44 (0) 20 7796 8644
Cobus Loots Deon Louw
Pan African Resources PLC Pan African Resources PLC
Chief executive officer Financial director
Office: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900
Phil Dexter/Jane Kirton Ross Allister/David McKeown
St James's Corporate Services Limited Peel Hunt LLP
Company secretary Nominated Adviser and Joint Broker
Office: + 44 (0) 20 7796 8644 Office: +44 (0) 20 7418 8900
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited
JSE Sponsor Joint Broker
Office: + 27 (0) 11 011 9200 Office: +44 (0) 20 7236 1010
Hethen Hira Website: www.panafricanresources.com
Pan African Resources PLC
Head: Investor relations
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za
Date: 07-03-2022 08:57:00
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