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

Pan African ResourcesAnnouncement

08/12/2015 07:10

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                                                                         
                                                                                                                    
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           Voting rights held by a  controlled undertaking                                    X        
specify):                                                                                                           
                                                                                                                    
3. Full name of person(s) subject to the             FIL LIMITED                                                    
notification obligation: iii                                                                                        
                                                                                                                    
4. Full name of shareholder(s)                       See Section 9                                                  
 (if different from 3.):iv                                                                                          
                                                                                                                    
5. Date of the transaction and date on               26 November 2015                                               
which the threshold is crossed or                                                                                   
reached: v                                                                                                          
                                                                                                                    
6. Date on which issuer notified:                    27 November 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      Indirect       Direct xi   Indirect    Direct      Indirect           
                                                                         xii                                        
                                                                                                                    
GB0004300496    N/A               N/A         119,558,403                119,558,403             6.52%              
                                                                                                                    
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                                  
                                                                                                                    
119,558,403                                            6.52%                                                        
                                                                                                                    
9. Chain of controlled undertakings through which the voting rights and/or the                                      
financial instruments are effectively held, if applicable: xxi                                                      
                                                                                                                    
Controlled Undertaking                        Percentage                                                            
                                              Holding                                                               
                                                                                                                    
FII-FIL INVESTMENTS INTERNATIONAL                          1.04                                                     
                                                                                                                    
FILUK-FIL INVESTMENT SERVICES (UK) LIMITED                 5.48                                                     
                                                                                                                    
Grand Total                                                6.52                                                     
                                                                                                                    
Proxy Voting:                                                                                                       
                                                                                                                    
10. Name of the proxy holder:                                                                                       
                                                                                                                    
11. Number of voting rights proxy holder will acquire/ cease to                                                     
hold:                                                                                                               
                                                                                                                    
12. Date on which proxy holder will acquire/ cease to hold                                                          
voting rights:                                                                                                      
                                                                                                                    
                                                                                                                    
13. Additional information:                            N/A                                                          
                                                                                                                    
14. Contact name:                                      Sally-Ann Hatton                                             
                                                                                                                    
15. Contact telephone number:                                                                                       
                                                       fil-regreporting@fil.com, 01737 837148                       
                                                                                                                    



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