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

Pan African ResourcesAnnouncement

05/10/2017 13:21

TR-1: Standard form for notification of major holdings

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) (i)                                                                                                                                                                         
                                                                                                                                                                                                                                                                                                    
 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):                                                          PAN AFRICAN RESOURCE PLC                                                                                                 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)                                                                                                                                                                                                      
 Non-UK issuer                                                                                                                                                                                                                                                                        X             
 2. Reason for the notification (please mark the appropriate box or boxes with an “X”)                                                                                                                                                                                                              
 An acquisition or disposal of voting rights                                                                                                                                                                                                                                          X             
 An acquisition or disposal of financial instruments                                                                                                                                                                                                                                                
 An event changing the breakdown of voting rights                                                                                                                                                                                                                                                   
 Other (please specify) (iii):                                                                                                                                                                                                                                                                      
 3. Details of person subject to the notification obligation (iv)                                                                                                                                                                                                                                   
 Name                                                                                                                                                                      PUBLIC INVESTMENT CORPORATION SOC LIMITED                                                                                
 City and country of registered office (if applicable)                                                                                                                     PRETORIA, SOUTH AFRICA                                                                                                   
 4. Full name of shareholder(s) (if different from 3.) (v)                                                                                                                                                                                                                                          
 Name                                                                                                                                                                                                                                                                                               
 City and country of registered office (if applicable)                                                                                                                                                                                                                                              
 5. Date on which the threshold was crossed or reached (vi):                                                                                                               4/10/2017                                                                                                                
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                            5/10/2017                                                                                                                
 7. Total positions of person(s) subject to the notification obligation                                                                                                                                                                                                                             
                                                                            % of voting rights attached to shares (total of 8. A)    % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)    Total of both in % (8.A + 8.B)  Total number of voting rights of issuer (vii)     
 Resulting situation on the date on which threshold was crossed or reached                          5.871%                                                                                                                    5.871%                                 131 187 391                    
 Position of previous notification (if applicable)                                                  6.065%                                                                                                                    6.065%                                                                
                                                                                                                                                                                                                                                                                                    

   

 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached (viii)                                                                                                                                                                                      
 A: Voting rights attached to shares                                                                                                                                                                                                                                                                  
 Class/type of                                   Number of voting rights (ix)                                                                                                  % of voting rights                                                                                                     
 shares ISIN code (if possible)                                                                                                                                                                                                                                                                       
                                                   Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)             Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                 Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)         Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)  
 PAN                                                                  131 187 391                                                                                                                          5.871%                                                                                     
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      
 SUBTOTAL 8. A                                                                                            131 187 391                                                                                                                  5.871%                                                         
                                                                                                                                                                                                                                                                                                      
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))                                                                                                                                                                                                      
 Type of financial instrument                    Expiration                 Exercise/                                                          Number of voting rights that may be acquired if the instrument is  exercised/converted.         % of voting rights                                     
                                                 date (x)                   Conversion Period (xi)                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      
                                                                            SUBTOTAL 8. B 1                                                                                                  NIL                                                                        NIL                           
                                                                                                                                                                                                                                                                                                      
 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))                                                                                                                                                                         
 Type of financial instrument  Expiration                                   Exercise/                                      Physical or cash  settlement (xii)                                                  Number of voting rights         % of voting rights                                     
                               date (x)                                     Conversion Period (xi)                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      
                                                                                                                           SUBTOTAL 8.B.2                                                                                    NIL                                        NIL                           
                                                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                      

   

 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)                                                                                                                                                                                                                             
 Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii)                                                                                                                         
 Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (xiv)(please add additional rows as necessary)                                                                                                         
                           Name (xv)                            % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher than the notifiable threshold                 Total of both if it equals or is higher than the notifiable threshold                
 PUBLIC INVESTMENT CORPORATION SOC LIMITED                                                        5.871%                                                                                                                                                                                            5.871%                                                
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
                                                                                                                                                                                                                                                                                                                                                          
 10. In case of proxy voting, please identify:                                                                                                                                                                                                                                                                                                            
 Name of the proxy holder                                                                                                                   N/A                                                                                                                                                                                                           
 The number and % of voting rights held                                                                                                     N/A                                                                                                                                                                                                           
 The date until which the voting rights will be held                                                                                        N/A                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                                                                                          
 11. Additional information (xvi)                                                                                                                                                                                                                                                                                                                         
 Name: DEVILLIERS MAKONKO E-Mail: Devilliers.makonko@pic.gov.za TEL: +27 12 742 3578                                                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                          

   

 Place of completion  PRETORIA, SOUTH AFRICA  
 Date of completion   OCTOBER 5, 2017         

   

 Annex: Notification of major holdings (to be filed with the FCA only )                                                                                                                                                             
                                                                                                                                                                                                                                    
 A: Identity of the person subject to the notification obligation                                                                                                                                                                   
 Full name (including legal form for legal entities)                                                                                 PUBLIC INVESTMENT CORPORATION SOC LIMITED                                                      
 Contact address (registered office for legal entities)                                                                              PUBLIC INVESTMENT CORPORATION SOC LTD REPUBLIC OF SOUTH AFRICA PRIVATE BAG X187 PRETORIA 0001  
 E-Mail                                                                                                                              Devilliers.makonko@pic.gov.za                                                                  
 Phone number / Fax number                                                                                                           +27 742 3536                                                                                   
 Other useful information (at least legal representative for legal persons)                                                          Name: DEVILLIERS MAKONKO E-Mail: Devilliers.Makonko@pic.gov.za TEL: +27 742 3578               
                                                                                                                                                                                                                                    
 B: Identity of the notifier, if applicable                                                                                                                                                                                         
 Full name                                                                                                                           Mduduzi Nsibande                                                                               
 Contact address                                                                                                                     PUBLIC INVESTMENT CORPORATION SOC LTD REPUBLIC OF SOUTH AFRICA PRIVATE BAG X187 PRETORIA 0001  
 E-Mail                                                                                                                              Mduduzi.Nsibande@pic.gov.za                                                                    
 Phone number / Fax number                                                                                                           +27 12 742 3536                                                                                
 Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)      COMPLIANCE OFFICER                                                                             
                                                                                                                                                                                                                                    
 C: Additional information                                                                                                                                                                                                          
 NONE                                                                                                                                                                                                                               
                                                                                                                                                                                                                                    



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