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

Pan African ResourcesAnnouncement

22/04/2016 16:05

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             PAN AFRICAN RESOURCES PLC        
issuer 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      X    
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                                                 
notification obligation: iii                     TRUFFLE ASSET MANAGEMENT (PTY) LTD      
                                                                                         
4. Full name of shareholder(s)  (if                                                      
different from 3.):iv                                                                    
                                                                                         
5. Date of the transaction and date on                                                   
which the threshold is crossed or reached:                 20 APRIL 2016                 
v                                                                                        
                                                                                         
6. Date on which issuer notified:                                                        
                                                           20 APRIL 2016                 
                                                                                         
7. Threshold(s) that is/are crossed or                                                   
reached: vi, vii                                                 5%                      

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of     Situation previous                 Resulting situation after               
shares             to the triggering                       the triggering                    
                      transaction                           transaction                      
                                                                                             
if possible                   Number                     Number             % of voting      
using              Number       of       Number            of                 rights x       
the ISIN CODE        of       Voting       of            voting                              
                   Shares     Rights     shares          rights                              
                                                                                             
                                         Direct   Direct xi  Indirect    Direct    Indirect  
                                                               xii                           
                                                                                             
GB0004300496      95301018   95301018   96350196  96350196               5.26%               

   

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    

   

  Type of financial   Expiration      Exercise/        Number of voting      % of voting   
     instrument       date xiii   Conversion Period   rights that may be        rights     
                                         xiv            acquired if the                    
                                                         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        % of voting    
   instrument       price    date xvii  Conversion    rights instrument      rights xix, xx   
                                          period          refers to                           
                                           xviii                                              
                                                                                              
                                                                            Nominal    Delta  
                                                                                              
                                                                                              

   

Total (A+B+C)                                                                           

   

          Number of voting rights                    Percentage of voting rights         
                                                                                         
                96,350,196                                      5.26%                    

   

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:                    TRUFFLE 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:                                           ETIENNE ROUX                 
                                                                                         
15. Contact telephone number:                              +27 11 325 0030               

   

Note: Annex should only be submitted to the FCA not the issuer                          
                                                                                        
Annex: Notification of major interests in sharesxxii                                    

A: Identity of the persons or legal entity subject to the notification
obligation

Full name                                        TRUFFLE ASSET MANAGEMENT (PTY) LTD      
(including legal form of legal entities)                                                 
                                                                                         
Contact address                                LANCASTER GATE, HYDE LANE OFFICE PARK,    
(registered office for legal entities)                        HYDE PARK                  
                                                                                         
Phone number & email                                       +27 11 325 0030               
                                                                                         
Other useful information                                                                 
(at least legal representative for legal                                                 
persons)                                                                                 

B: Identity of the notifier, if applicable

Full name                                                   ETIEENE ROUX                 
                                                                                         
Contact address                                LANCASTER GATE, HYDE LANE OFFICE PARK,    
                                                              HYDE PARK                  
                                                                                         
Phone number & email                                       +27 11 325 0030               
                                                                                         
Other useful information(e.g. functional                                                 
relationship with the person or legal                                                    
entity subject to the notification                                                       
obligation)                                                                              

   

C: Additional information                                                               
                                                                                        
                                                                                        

For notes on how to complete form TR-1 please see the FCA website.



END



Copyright © 2016 PR Newswire Association, LLC. All Rights Reserved