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

Pan African ResourcesAnnouncement

20/10/2015 09:50

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                                         Pan African Resources Plc
of existing shares to which voting rights are                                                                       
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                                       Coronation Asset Management (Pty) Ltd
notification obligation: iii                                                                                        
                                                                                                                    
4. Full name of shareholder(s)                                                                                      
 (if different from 3.):iv                                                                                          
                                                                                                                    
5. Date of the transaction and date on                                                               19 October 2015
which the threshold is crossed or                                                                                   
reached: v                                                                                                          
                                                                                                                    
6. Date on which issuer notified:                                                                    19 October 2015
                                                                                                                    
7. Threshold(s) that is/are crossed or                                                                            5%
reached: vi, vii                                                                                                    
                                                                                                                    
8. Notified details:                                                                                                
                                                                                                                    
A: Voting rights attached to shares viii, ix                                                                        
                                                                                                                    
Class/type of   Situation previous            Resulting situation after the triggering transaction                  
shares          to the triggering                                                                                   
                transaction                                                                                         
if possible                                                                                                         
using           Number            Number      Number           Number of voting     % of  voting rights x           
the ISIN CODE   of                of          of shares        rights                                               
                Shares            Voting                                                                            
                                  Rights      Direct           Direct xi   Indirect Direct      Indirect            
                                                                           xii                                      
                                                                                                                    
GB0004300496    91 937 469        91 937 469  91 437 469       91 437 469           4.99%                           
                                                                                                                    
B: Qualifying Financial Instruments                                                                                 
                                                                                                                    
Resulting situation after the triggering transaction                                                                
                                                                                                                    
Type of financial            Expiration Exercise/                    Number of voting         % of voting             
instrument                            Conversion Period xiv        rights that may be       rights                  
                             date                                  acquired if the                                  
                             xiii                                  instrument is                                    
                                                                   exercised/ converted.                            
                                                                                                                    
C: Financial Instruments with similar economic effect to Qualifying Financial                                       
Instruments xv, xvi                                                                                                 
                                                                                                                    
Resulting situation after the triggering transaction                                                                
                                                                                                                    
Type of financial   Exercise      Expiration Exercise/            Number of voting rights  % of voting rights          
instrument          price         date    Conversion period    instrument refers to     xix, xx                     
                                  xvii    xviii                                                                     
                                                                                                                    
                                                                                        Nominal         Delta       
                                                                                                                    
Total (A+B+C)                                                                                                       
                                                                                                                    
Number of voting rights                               Percentage of voting rights                                   
                                                                                                                    
91 437 469                                            4.99%                                                         
                                                                                                                    
9. Chain of controlled undertakings through which the voting rights and/or the                                      
financial instruments are effectively held, if applicable: xxi                                                      
                                                                                                                    
Proxy Voting:                                                                                                       
                                                                                                                    
10. Name of the proxy holder:                                                  Coronation Asset Management (Pty) Ltd
                                                                                                                    
11. Number of voting rights proxy holder will cease                                                                 
to hold:                                                                                                            
                                                                                                                    
12. Date on which proxy holder will cease to hold                                                                   
voting rights:                                                                                                      
                                                                                                                    
                                                                                                                    
13. Additional information:                                                                                         
                                                                                                                    
14. Contact name:                                                                                       Beauty Adoro
                                                                                                                    
15. Contact telephone number:                                                                        +27 21 680 2000
                                                                                                                    



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