Sharenet Sites 
Sharenet Sites
Notification of change in auditor
PALLINGHURST RESOURCES LIMITED
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: PALLRES ISIN: GG00B27Y8Z93
Share code on the JSE: PGL
("Pallinghurst" or the “Company”)
Notification of change in auditor
Pallinghurst shareholders are advised in terms of paragraph 3.78 of the JSE Listings Requirements that
BDO LLP have been appointed as the Company’s external auditors for the financial year ending 31
December 2017, with Mr Scott Knight as the designated audit partner, replacing Saffery Champness
Chartered Accountants (“Saffery Champness”).
The change in audit firm, effective immediately, was initiated by Saffery Champness following the formal
completion of the compulsory acquisition of Gemfields plc becoming effective. Following the acquisition,
the Company is set to become an operating mining company (subject to the applicable regulatory
provisions) whereas previously it has been an investment entity. Having reviewed section 26 (a) ISQC1
(UK) Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and other
Assurance and Related Services Engagements (2017), Saffery Champness have concluded that they would
not be able to meet the requirements of this section due to the change in the nature of the entity and
decided to resign as auditors.
Guernsey
8 January 2018
Sponsor
Investec Bank Limited
Date: 08/01/2018 04:01:00 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.
