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

Pan African ResourcesAnnouncement

13/11/2015 11:40

For filings with the FSA 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                                    GB0004300496                     
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                                    Old Mutual Plc                        
notification obligation: iii                                                                                      
                                                                                                                  
4. Full name of shareholder(s)                                                                                    
 (if different from 3.):iv                                                                                        
                                                                                                                  
5. Date of the transaction and date on                                                                  12/11/2015
which the threshold is crossed or                                                                                 
reached: v                                                                                                        
                                                                                                                  
6. Date on which issuer notified:                                                                       13/11/2015
                                                                                                                  
7. Threshold(s) that is/are crossed or                                                            Crossed above 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             <3%                                                                 
                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                                       
                                                                                                                  
                                                                        94,219,187                    5.14%       
GB0004300496                                                                                                      
                                                                                                                  
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                                                                   
                                                                                                                  
N/A                                                                                    Nominal        Delta       
                                                                                                                  
Total (A+B+C)                                                                                                     
                                                                                                                  
Number of voting rights                               Percentage of voting rights                                 
                                                                                                                  
94,219,187                                            5.14%                                                       
                                                                                                                  
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:                                                                                       
                                                                                                                  
14. Contact name:                                                              Rose Coyle                         
                                                                                                                  
15. Contact telephone number:                                                0207 002 7503                        
                                                                                                                  



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