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

Pan African ResourcesAnnouncement

08/02/2018 14:05

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 Resouces PLC ISIN: GB0004300496                                      
 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                                                                                                                                                                                                                                      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                                                                                                                                                         Investec Asset Management Ltd                                                            
 notification obligation: (iii)                                                                                                                                                                                                                                                            
 4. Full name of shareholder(s) (if different from 3.): (iv)                                                                                                                                                                                                                               
 5. Date of the transaction and date on                                                                                                                                                                    07.02.2018                                                                      
 which the threshold is crossed or                                                                                                                                                                                                                                                         
 reached: (v)                                                                                                                                                                                                                                                                              
 6. Date on which issuer notified:                                                                                                                                                                         08.02.2018                                                                      
 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  
                                                                                     of                                                of                            of shares                                                    rights                                   voting 
                                                                                     Shares                                            Voting                                                                                                                              rights 
                                                                                                                                       Rights                                                                                                                              (x)   
                                                                                     Direct                                                                          Direct (xi)                     Indirect (xii)  Direct                            Indirect                    
 Common Stock GBP 0.1                      112,669,165                                         112,669,165                   -                                                 -                                     110,735,036                                 4.9551%                   
 GB0004300496                              
                                                                                                                                                                                                                                                                                           
 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                                                                                                               
 110,735,036                                                                                                                                     4.9551%                                                                                                                                   
 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:                                                                                                                     Ian Gartshore                                                                                                                             
 14. Contact name:                                                                                                                               020 7597 1825                                                                                                                             
 15. Contact telephone number:                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                           



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