To view the PDF file, sign up for a MySharenet subscription.

PAN - Pan African Resources PLC - Further announcement regarding the posting of

Release Date: 28/09/2011 14:51
Code(s): PAN
Wrap Text

PAN - Pan African Resources PLC - Further announcement regarding the posting of Annual Report and notification of salient dates relating to dividend recommendation Pan African Resources PLC (`Pan African` or the `Company` or the `Group`) Incorporated and registered in England and Wales under Companies Act 1985 with the registered number: 3937466 on 25 February 2000 Share Code on AIM: PAF Share code on JSE: PAN ISIN: GB0004300496 FURTHER ANNOUNCEMENT REGARDING THE POSTING OF ANNUAL REPORT AND NOTIFICATION OF SALIENT DATES RELATING TO DIVIDEND RECOMMENDATION CORRECTION Further to the announcement released earlier today, the first sentence under Dividend recommendation should read "The board has proposed a final dividend for the year ended 30 June 2011 of GBP7,414,968, which calculated on 1,444,040,711 issued shares currently outstanding, equates to 0.5135p per share ("Dividend")." The corrected announcement is detailed below. Shareholders are referred to the announcement released on the Securities Exchange News Service ("SENS") of JSE Limited ("JSE") and to the Regulatory News Service ("RNS") of the London Stock Exchange ("LSE") on Monday, 12 September 2011, and are advised that the Company will post its annual report for the year ended 30 June 2011 ("Annual Report") to shareholders on Wednesday, 05 October 2011. Notice is hereby given that Pan African`s Annual General Meeting ("AGM") will be held at the offices of Fasken Martineau LLP, Third Floor, 17 Hanover Square, London, W1S 1HU on Tuesday, 01 November 2011 at 12:00pm Central African Time / 10:00am Greenwich Mean Time to conduct the business set out in the notice of AGM that will be distributed to shareholders together with the Annual Report. Dividend recommendation The board has proposed a final dividend for the year ended 30 June 2011 of GBP7,414,968, which calculated on 1,444,040,711 issued shares currently outstanding, equates to 0.5135p per share ("Dividend"). The Dividend requires the approval of Pan African shareholders at the AGM. Expected Dividend timetable 2011
Approval of Dividend at the AGM Tuesday, 01 November Currency conversion date Tuesday, 01 November Announcement of results of AGM and currency conversion on SENS and to RNS Tuesday, 01 November Last date to trade on the JSE Friday, 04 November Ex-Dividend date on the JSE Monday,07 November Ex-Dividend date on the LSE Wednesday, 09 November Record date Friday,11 November Payment date Friday, 25 November Notes: 1. The above dates and times are subject to amendment. Any such amendment will be released on SENS and to the RNS and published in the South African press. 2. No transfers between the Johannesburg and London registers between commencement of trading on Tuesday, 01 November 2011 and close of business on Friday, 11 November 2011, will be permitted. 3. No shares may be dematerialised or rematerialised between Monday, 07 November 2011 and Friday, 11 November 2011, both days inclusive. Johannesburg 28 September 2011 JSE Sponsor: Macquarie First South Capital (Pty) Limited Enquiries: South Africa UK Pan African RBC Capital Markets Jan Nelson, Chief Executive Officer Martin Eales +27 (0) 11 243 2900 +44 (0) 20 7653 4000 Pan African St James`s Corporate Services Nicole Spruijt, Public Relations Limited +27 (0) 11 243 2900 Phil Dexter +44 (0) 20 7499 3916 Macquarie First South Capital (Pty) Ltd Gable Communications Annerie Britz/ Melanie de Nysschen/ Justine James Yvette Labuschagne +44 (0)20 7193 7463 +27 (0) 11 583 2000 Date: 28/09/2011 14:51:01 Supplied by www.sharenet.co.za 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.

Share This Story