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 event changing the breakdown of voting
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
07-Apr-2022
6. Date on which Issuer notified
08-Apr-2022
7. Total positions of person(s) subject to the notification
obligation
% of voting Total of both Total number of
% of voting rights through in % (8.A + 8.B) voting rights held
. rights attached financial in issuer
to shares (total instruments
of 8.A) (total of 8.B 1 +
8.B 2)
Resulting
situation on
the date on
which 5.218600 0.000000 5.218600 100609367
threshold was
crossed or
reached
Position of
previous 4.987500 0.000000 4.987500
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 direct voting % of indirect
shares ISIN direct voting voting rights rights (DTR5.1) voting rights
code(if possible) rights (DTR5.2.1) (DTR5.2.1)
GB0004300496 0 100609367 0.000000 5.218600
Sub Total 8.A 100609367 5.218600%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration Exercise/conversion Number of voting rights that % of voting
instrument date period may be acquired if the rights
instrument is exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of financial Expiration Exercise/conversion Physical or cash Number of % of voting
instrument date period settlement voting 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 rights % of voting rights Total of both if it
Ultimate Name of if it equals or is through financial equals or is higher
controlling controlled higher than the instruments if it than the notifiable
person undertaking threshold equals or is higher threshold
notifiable than the notifiable
Ninety One Ninety One
Limited Africa 0.000000 0.000000 0.000000%
(Chain 1) (Pty)
Limited
Ninety One Ninety
Africa (Pty) One SA
Limited (Pty)
(Chain 1) Limited 5.218600 0.000000 5.218600%
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
08-Apr-2022
13. Place Of Completion
London
Rosebank
11 April 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: 11-04-2022 08:00:00
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