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TR-1: Standard form for notification of major holdings (Allan Grey)
Pan African Resources PLC Pan African Resources Funding
(Incorporated and registered in England and Company Limited
Wales under the Companies Act 1985 with Incorporated in the Republic of South
registered number 3937466 on 25 February Africa with limited liability
2000) Registration number: 2012/021237/06
Share code on AIM: PAF Alpha code: PARI
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
Allan Gray Proprietary Limited
City of registered office (if applicable)
Cape Town
Country of registered office (if applicable)
South Africa
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
14-May-2024
6.Date on which Issuer notified
17-May-2024
7.Total positions of person(s) subject to the notification obligation
% of voting % of voting Total of both in Total number of
rights attached rights through % (8.A + 8.B) voting rights
to shares (total financial held in issuer
of 8.A) (total of 8.B 1 + instruments
. 8.B 2)
Resulting
situation on
the date on
which 18.991100 0.000000 18.991100 363964848
threshold was
crossed or
reached
Position of
previous 19.960100 0.000000 19.960100
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 direct Number of % of direct voting % of indirect
shares ISIN voting rights indirect voting rights (DTR5.1) voting rights
code(if possible) (DTR5.1) rights (DTR5.2.1)
(DTR5.2.1)
GB0004300496 363964848 18.991100
Sub Total 8.A 363964848 18.991100%
8B1.Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration Exercise/conversion Number of voting rights that % of
instrument date period may be acquired if the voting
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 Expiration Exercise/conversion Physical or cash Number of % of
financial date period settlement voting rights voting
instrument rights
Sub Total 8.B2
9. Information in relation to the person subject to the
notification obligation
1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer.
Ultimate Name of % of voting % of voting rights Total of both if it
controlling person controlled rights if it equals through financial equals or is
undertaking or is higher than instruments if it equals higher than the
the notifiable or is higher than the notifiable
threshold notifiable threshold threshold
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
13. Place Of Completion
Cape Town, South Africa
Rosebank
17 May 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 Office 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 7796 8644
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)11 243 2900
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/David McKeown
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0)20 7796 8644 Office: +44 (0)20 7418 8900
JSE Sponsor and JSE debt sponsor Joint broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary BMO Capital Markets Limited
Limited Office: +44 (0)20 7236 1010
Office: + 27 (0)11 011 9200
Joint broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG
Office: +44 (0)20 3207 7800
Date: 17-05-2024 01:30:00
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