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

Pan African ResourcesAnnouncement

03/06/2016 11:05

For filings with the FSA include the annex                                                                                                                                                                                                                                                                                                                              
  For filings with issuer exclude the annex                                                                                                                                                                                                                                                                                                                               
                                                                                                                                                                                                                                                                                                                                                                          
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i                                                                                                                                                                                                                                                                                                                        
                                                                                                                                                                                                                                                                                                                                                                          
  1. Identity of the issuer or the underlying issuer  of existing shares to which voting rights are  attached: ii                                                                                                                                                       Pan African Resources Plc GB0004300496                                                            
  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  notification obligation: iii                                                                                                                                                                                          Old Mutual Plc                                                                                          
  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: v                                                                                                                                                                                                                                                                       02/06/2016  
  6. Date on which issuer notified:                                                                                                                                                                                                                                                                                                                           03/06/2016  
  7. Threshold(s) that is/are crossed or  reached: vi, vii                                                                                                                                                                                                                                                                                               Fallen below 5%  
  8. Notified details:                                                                                                                                                                                                                                                                                                                                                    
  A: Voting rights attached to shares viii, ix                                                                                                                                                                                                                                                                                                                            
  Class/type of  shares if possible using the ISIN CODE    Situation previous  to the triggering  transaction                                                  Resulting situation after the triggering transaction <3%                                                                                                                                                   
  Number  of  Shares                                                                                 Number  of  Voting  Rights                Number  of shares                                   Number of voting  rights                                          % of  voting rights x                                                                      
  Direct                                                                                             Direct xi                                 Indirect xii    Direct                              Indirect                                    
  GB0004300496                                             92,124,124                                              92,124,124                                                                                                                                        86,116,983                                                                          4.70%            
                                                          
                                                                                                                                                                                                                                                                                                                                                                          
  B: Qualifying Financial Instruments                                                                                                                                                                                                                                                                                                                                     
  Resulting situation after the triggering transaction                                                                                                                                                                                                                                                                                                                    
  Type of financial  instrument                                                                      Expiration  date xiii       Exercise/  Conversion Period xiv                                                          Number of voting  rights that may be  acquired if the  instrument is  exercised/ converted.              % of voting  rights                   
                                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                                          
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                                                                                                                                                                                                                       
  Resulting situation after the triggering transaction                                                                                                                                                                                                                                                                                                                    
  Type of financial  instrument                                              Exercise price                        Expiration date xvii        Exercise/  Conversion period xviii                              Number of voting rights instrument refers to                                                    % of voting rights xix, xx                                 
  N/A                                                                                                                                                                                                                                                                                                          Nominal                                            Delta   
                                                                                                                  
                                                                                                                                                                                                                                                                                                                                                                          
  Total (A+B+C)                                                                                                                                                                                                                                                                                                                                                           
  Number of voting rights                                                                                                                                                              Percentage of voting rights                                                                                                                                                        
  86,116,983                                                                                                                                                                           4.70%                                                                                                                                                                              
  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  to hold:                                                                                                                                                                                                                                                                                                      N/A  
  12. Date on which proxy holder will cease to hold  voting rights:                                                                                                                                                                                                                                                                                                  N/A  
                                                                                                                                                                                                                                                                                                                                                                          
  13. Additional information:                                                                                                                                                                                                                                                                                                                                             
  14. Contact name:                                                                                                                                                                                                                                                       Rose Coyle                                                                                      
  15. Contact telephone number:                                                                                                                                                                                                                                          0207 002 7503                                                                                    
                                                                                                                                                                                                                                                                                                                                                                          
 


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