REG-Pan African Resources Plc: Holding(s) in Company

Pan African ResourcesAnnouncement

27/12/2024 11:30

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 RESOURCES PLC                                                                                                       
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)                                                                                                                                                                                                             
 Non-UK issuer                                                                                                                                                                                                                                                                                             
 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                                                                                                                                                                      Van Eck Associates Corporation                                                                                                  
 City and country of registered office (if applicable)                                                                                                                     New York, NY USA                                                                                                                
 4. Full name of shareholder(s) (if different from 3.) v                                                                                                                                                                                                                                                   
 Name                                                                                                                                                                      ESB Pension Fund GDX VanEck Gold Miners ETF VanEck Gold Miners ETF (AU) VanEck Gold Miners UCITS ETF                            
 City and country of registered office (if applicable)                                                                                                                                                                                                                                                     
 5. Date on which the threshold was crossed or reached vi :                                                                                                                20/12/2024                                                                                                                      
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                            23/12/2024                                                                                                                      
 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 both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) vii        
                                                                                                                                    (total of 8.B 1 + 8.B 2)                                                                                                                                               
 Resulting situation on the date on which threshold was crossed or reached  4.765%                                                                                                                     4.765%                          96,689,091                                                          
 Position of previous notification (if applicable)                          5.901%                                                                                                                     5.901%                                                                                              
                                                                                                                                                                                                                                                                                                           
                                                                                                                                                                                                                                                                                                           

 

 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)  
 Common Stock GB0004300496                        96,689,091                                                                                                                   4.765%                                                                                                               
                                                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                    
 SUBTOTAL 8. A                                    96,689,091                                                                                                                   4.765%                                                                                                               
                                                                                                                                                                                                                                                                                                    
 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                                                                                                                                                                                                        
                                                                                                                                                                                                                                                                                                    
 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                                                                                                                                                          
                                                                                                                                                                                                                                                                                                    
                                                                                                                                                                                                                                                                                                    

 

 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                                                                                                                                                                                                                          X                                    
  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                          
 ESB Pension Fund GDX                                      0.040%                                                                                                                                                                                0.04%                                                                                          
 VanEck Gold Miners ETF                                    4.18%                                                                                                                                                                                 4.18%                                                                                          
 VanEck Gold Miners ETF (AU)                               0.129%                                                                                                                                                                                0.129%                                                                                         
 VanEck Gold Miners UCITS ETF                              0.415%                                                                                                                                                                                0.415%                                                                                         
                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                
 10. In case of proxy voting, please identify:                                                                                                                                                                                                                                                                                                  
 Name of the proxy holder                                                                                                              Glass Lewis                                                                                                                                                                                              
 The number and % of voting rights held                                                                                                96,689,091 shares and 4.765% voting rights                                                                                                                                                               
 The date until which the voting rights will be held                                                                                   Open                                                                                                                                                                                                     
                                                                                                                                                                                                                                                                                                                                                
 11. Additional information xvi                                                                                                                                                                                                                                                                                                                 
                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                

 

 Place of completion  Tampa, FL. USA    
 Date of completion   23 December 2024  

 

 

 

 



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