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

Pan African ResourcesAnnouncement

05/07/2016 16:35

For filings with the FCA 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                                                                                                                                                                                 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 specify):            FIL Investment Services (UK) Limited delegated investment management services to FIL Investments International on 1 July 2016 and the chain of controlled undertakings through which voting rights are held is updated to reflect this delegation.                    X        
  3. Full name of person(s) subject to the                                                           FIL Limited                                                                                                                                                                                                    
  notification obligation: iii                                                                                                                                                                                                                                                                                      
  4. Full name of shareholder(s)  (if different from 3.): iv                                         See Section 9                                                                                                                                                                                                  
  5. Date of the transaction and date on                                                             01 July 2016                                                                                                                                                                                                   
  which the threshold is crossed or                                                                                                                                                                                                                                                                                 
  reached: v                                                                                                                                                                                                                                                                                                        
  6. Date on which issuer notified:                                                                  04 July 2016                                                                                                                                                                                                   
  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 if possible using the ISIN CODE     to the triggering                                                                                                                                                                                      
                                             transaction                                                                                                                                                                                            
  Number                                                            Number                                   Number                           Number of voting                    % of  voting rights x                                   
  of                                                                of                                       of shares                        rights                                                                                      
  Shares                                                            Voting                                                                                                                                                                
                                                                    Rights                                                                                                                                                                
  Indirect                                                          Direct xi                Indirect xii    Direct                           Indirect               
  GB0004300496                                                   128,728,403                              128,728,403                       128,728,403                            128,728,403                                               6.62%  
                                            
                                                                                                                                                                                                                                                    
  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 price        Expiration date xvii          Exercise/                        Number of voting rights instrument refers to                   % of voting rights xix, xx             
  instrument                                                                                                 Conversion period xviii                                                                                                                
                                                                                                                                                                                                             Nominal                       Delta    
                                                                              
                                                                                                                                                                                                                                                    
  Total (A+B+C)                                                                                                                                                                                                                                     
  Number of voting rights                                                                                                          Percentage of voting rights                                                                                      
                                                                                                                     128,728,403                                                                                                             6.62%  
                                                                                                                                                                                                                                                    
 
     
 
  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                     
  FIL INVESTMENTS INTERNATIONAL                                            6.62  
  Grand Total                                                              6.62  
                                                                                                            
  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:             Threshold crossing by a controlled undertaking                    
  14. Contact name:                       Sally-Ann Hatton                                                  
  15. Contact telephone number:           fil-regreporting@fil.com, 01737 837148                            
                                                                                                            
 


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