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
Pan African shareholders (Shareholders) are referred to the announcements
published on 17 February 2026, 26
March 2026 and 28 April 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 the court order approving the Capital
Reduction was registered at Companies House in the UK on 21 May 2026.
Accordingly, the Capital Reduction is now effective.
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Rosebank
22 May 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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