REG-Pan African Resources PLC: Holding(s) in Company <Origin Href="QuoteRef">PAFR.L</Origin> <Origin Href="QuoteRef">PANJ.J</Origin>

Pan African ResourcesAnnouncement

24/11/2014 14:32

For filings with the FCA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                 PAN AFRICAN RESOURCES PLC 
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the         PUBLIC INVESTMENT CORPORATION LIMITED  
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                    N/A                   
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                            7 October 2014             
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                            8 October 2014             
                                                                                        
7. Threshold(s) that is/are crossed or                             8%                   
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/   Situation previous      Resulting situation after the triggering transaction   
type of  to the triggering                                                              
shares   transaction                                                                    
                                                                                        
                                                                                        
if       Number        Number    Number        Number of voting    % of  voting rights x
possible of            of        of shares     rights                                   
using    Shares        Voting                                                           
the ISIN               Rights                                                           
CODE                                                     Indirect                       
                                 Direct        Direct xi xii       Direct   Indirect    
                                                                                        
                                                                                        
PAN                                                                                     
         148762413               144696442                         7.907%               
                                                                                        
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of     Expiration  Exercise/              Number of voting           % of voting   
financial   date xiii   Conversion Period xiv  rights that may be         rights        
instrument                                     acquired if the                          
                                               instrument is                            
                                               exercised/ converted.                    
                                                                                        
NONE        N/A         N/A                    N/A                        N/A           
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of    Exercise Expiration  Exercise/     Number of voting rights    % of voting    
financial  price    date xvii   Conversion    instrument refers to       rights xix, xx 
instrument                      period xviii                                            
                                                                                        
                                                                                        
                                                                         Nominal Delta      
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                 Percentage of voting rights                     
                                                                                        
144696442                               7.907%                                          
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
N/A                                                                                     
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                               N/A         
                                                                                        
11. Number of voting rights proxy holder will cease                         N/A         
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                           N/A         
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                   N/A                       
                                                                                        
14. Contact name:                                             DEVILLIERS MAKONKO        
                                                                                        
15. Contact telephone number:                                 012 742 3578              
                                                                                        

 



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