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

Pan African ResourcesAnnouncement

18/04/2017 16:50

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                                                                                                                                                                                                                       YES       
 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                                                                                            ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED                                                                               
 notification obligation: (iii)                                                                                                                                                                                                                                              
 4. Full name of shareholder(s) (if different from 3.): (iv)                                                                                                                                                                                                                 
 5. Date of the transaction and date on                                                                                                                                                                                                                        18 April 2017 
 which the threshold is crossed or                                                                                                                                                                                                                                           
 reached: (v)                                                                                                                                                                                                                                                                
 6. Date on which issuer notified:                                                                                                                                                                                                                             18 April 2017 
 7. Threshold(s) that is/are crossed or                                                                                                                                                                                                                                   8% 
 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  
                                                                           of                                              of                            of shares                                       rights                                    voting 
                                                                           Shares                                          Voting                                                                                                                  rights 
                                                                                                                           Rights                                                                                                                  (x)   
                                                                           Direct                                                                        Direct (xi)                     Indirect (xii)  Direct                          Indirect                    
                                           142 513 769                               142 513 769                           161 548 964                             161 548 964                                      8.3135%                                                  
                                           
                                                                                                                                                                                                                                                                             
 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                                                                                                   
 161 548 964                                                                                                                                   8.3135%                                                                                                                       
 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:                                                                                                                                                                                                                                               
 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:                                                                                                                                                                                                                                       WERNER KACHELHOFFER 
 15. Contact telephone number:                                                                                                                                                                                                    +27 21 415 9315 compliance@allangray.co.za 
                                                                                                                                                                                                                                                                             



Copyright (c) 2017 PR Newswire Association,LLC. All Rights Reserved