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

Pan African ResourcesAnnouncement

18/05/2016 13:05

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                                                   16/05/2016
which the threshold is crossed or                                                                  
reached: v                                                                                         
                                                                                                   
6. Date on which issuer notified:                                                        18/05/2016
                                                                                                   
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                                
                                                                                                     
                 91,287,714   91,287,714                          92,124,124                 5.03%   
GB0004300496                                                                                         
                                                                                                     
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 xiv  rights that may be       rights            
                                                          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 rights   % of voting rights   
instrument         price      date xvii  Conversion   instrument refers to      xix, xx              
                                         period xviii                                                
                                                                                                     
N/A                                                                             Nominal      Delta   
                                                                                                     
Total (A+B+C)                                                                                        
                                                                                                     
Number of voting rights                         Percentage of voting rights                          
                                                                                                     
92,124,124                                      5.03%                                                
                                                                                                     

   

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                 
                                                                                            



END



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