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

Pan African ResourcesAnnouncement

28/04/2017 16:01

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 of existing shares to which voting rights are attached: (ii)  PAN AFRICAN RESOURCES PLC  

   

 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)                         JONATHAN DU TOIT           
 4. Full name of shareholder(s) (if different from 3.): (iv)                            TRUFFLE ASSET MANAGEMENT (PTY) LTD  
 5. Date of the transaction and date on which the threshold is crossed or reached: (v)             19 APRIL 2017            
 6. Date on which issuer notified:                                                                 28 APRIL 2017            
 7. Threshold(s) that is/are crossed or reached: (vi, vii)                                             5.0%                 

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

 Class/type of                                Situation previous                     Resulting situation after                   
 shares   if possible using the ISIN CODE     to the triggering                           the triggering                         
                                                  transaction                               transaction                          
                                              Number      Number      Number               Number                % of voting     
                                                of          of          of                   of                   rights (x)     
                                              Shares      Voting       shares              voting                                
                                                          Rights                            rights                               
                                                                       Direct    Direct (xi)  Indirect (xii)   Direct  Indirect  
 Ordinary Shares GB0004300496               97 450 519  97 450 519  107 450 519  107 450 519                   4.81%             

   

 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        % of voting       
     instrument        price     date (xvii)    Conversion      rights instrument     rights (xix, xx)    
                                               period (xviii)       refers to                             
                                                                                     Nominal     Delta    
                                                                                                          

   

 Total (A+B+C)  

   

 Number of voting rights  Percentage of voting rights  
       107 450 519                   4.81%             

   

 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:                                       
 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:           N/A        
 14. Contact name:              JONATHAN DU TOIT  
 15. Contact telephone number:   +27 11 325 0030  



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