REG-Pan African Resources Plc: Capital Reduction Court Approval

Pan African ResourcesAnnouncement

Yesterday 15:30

Pan African Resources PLC                                                 
    Pan African Resources Funding Company

(Incorporated and registered in England and Wales                     
Limited

under Companies Act 1985 with registered                                
Incorporated in the Republic of South Africa

number 3937466 on 25 February 2000)                                        
  with limited liability

Share code on LSE: PAF                                                    
 Registration number: 2012/021237/06

Share code on JSE: PAN                                                    
 Alpha code: PARI

ISIN: GB0004300496

ADR code: PAFRY

("Pan African" or "the Company" or "the Group")

 

CAPITAL REDUCTION COURT APPROVAL

Pan African shareholders (Shareholders) are referred to the announcements
published on 17                     February                     2026 and 26
March 2026 and the notice of general meeting and circular to Shareholders,
dated 17                     February                     2026, relating to,
                     inter alia                    , the proposed share
capital reduction involving the cancellation of the Company's share premium
account and the cancellation and extinguishment of certain shares in the
Company's capital (Capital Reduction).

Pan African is pleased to advise that, at the hearing of the High Court of
Justice in England and Wales (Court) held today, 28 April 2026, the Court
approved the Capital Reduction. The Capital Reduction will become effective on
the date on which the order of the Court confirming the Capital Reduction is
registered at Companies House in the UK, which is expected to occur in the
coming weeks. A further announcement will be published once the Capital
Reduction becomes effective.

 

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com

 

Rosebank

28 April 2026

 

 Corporate information                                                                                                                                                                                                                                                                                                             
 Corporate Office   The Firs Building  2nd Floor, Office 204  Corner Cradock and Biermann Avenues  Rosebank, Johannesburg  South Africa  Office: + 27 (0)11 243 2900   info@paf.co.za  Registered Office   107 Cheapside, 2 nd Floor  London, EC2V 6DN  United Kingdom  Office: + 44 (0)20 3869 0706   jane.kirton@corpserv.co.uk  
 Chief Executive Officer     Cobus Loots   Office: + 27 (0)11 243 2900                                                                                                                 Financial Director and debt officer   Marileen Kok  Office: + 27 (0)11 243 2900                                                             
 Head: Investor Relations   Hethen Hira                                                                                                                                                Website:  www.panafricanresources.com                                                                                                       
  Tel: + 27 (0)11 243 2900                                                                                                                                                                                                                                                                                                         
  E-mail:  hhira@paf.co.za                                                                                                                                                                                                                                                                                                         
 Company Secretary   Jane Kirton   St James's Corporate Services Limited   Office: + 44 (0)20 3869 0706                                                                                Joint Broker   Ross Allister/Georgia Langoulant   Peel Hunt LLP   Office: +44 (0)20 7418 8900                                               
 JSE Sponsor & JSE Debt Sponsor   Ciska Kloppers   Questco Corporate Advisory Proprietary Limited   Office: + 27 (0) 63 482 3802                                                       Joint Broker   Thomas Rider/Nick Macann   BMO Capital Markets Limited   Office: +44 (0)20 7236 1010                                         
                                                                                                                                                                                       Joint Broker   Matthew Armitt/Jennifer Lee   Joh. Berenberg, Gossler & Co KG (Berenberg)   Office: +44 (0)20 3207 7800                      

 

 

 



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