REG-Pan African Resources PLC: Result of General Meeting <Origin Href="QuoteRef">PAFR.L</Origin>

Pan African ResourcesAnnouncement

09/02/2017 15:20

Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985
with registered number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
(“Pan African” or the “Company”)

RESULTS OF GENERAL MEETING

Pan African shareholders are advised that at the general meeting (“GM”) of
shareholders held on Thursday, 9 February 2017, all the ordinary and special
resolutions, as set out in the notice of GM dated Tuesday, 17 January 2017,
were approved by the requisite majority of shareholders present or represented
by proxy.

The total number of Pan African shares eligible to vote at the GM is
1,943,206,554. The highest number of shares voted in person or by proxy was
1,409,947,299 representing 72.56% of the total issued share capital of the
same class of Pan African.

All resolutions proposed at the GM, together with the percentage of shares
abstained, as well as the percentage of votes carried for and against each
resolution, are as follows:

Ordinary resolution number 1: To authorise the directors to allot equity
securities

 Shares Voted  1,409,944,533 72.56%  Abstained  4,978,118 0.26%  For   98.55%  Against   1.45%  

Special resolution number 2: To disapply pre-emption rights for the issue of
securities

 Shares Voted   1,409,929,581 72.56%  Abstained   4,993,070 0.26%  For    91.14%  Against    8.86%  

Special resolution number 3: To comply with JSE Listings Requirements for cash
equity issues

 Shares Voted  1,409,947,299 72.56%  Abstained  4,975,352 0.26%  For   92.18%  Against   7.82%  

Notes
* Percentages of shares voted are calculated in relation to the total issued
share capital of Pan African
* Percentages of shares voted for and against are calculated in relation to
the total number of shares voted for each resolution
* Abstentions are calculated as a percentage in relation to the total issued
share capital of Pan African
Johannesburg
9 February 2017


CONTACT INFORMATION

Corporate Office
The Firs Office Building
1st Floor, Office 101
Cnr. Cradock and Biermann Avenues
Rosebank, Johannesburg
South Africa
Office:   + 27 (0) 11 243 2900
Facsimile: + 27 (0) 11 880 1240


Registered Office
Suite 31
Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Office:   + 44 (0) 207 796 8644
Facsimile: + 44 (0) 207 796 8645
 

 Cobus Loots                            Deon Louw                           
 Pan African Resources PLC              Pan African Resources PLC           
 Chief Executive Officer                Financial Director                  
 Office: + 27 (0) 11 243 2900           Office: + 27 (0) 11 243 2900        
                                                                            
 Phil Dexter                            John Prior / Paul Gillam            
 St James's Corporate Services Limited  Numis Securities Limited            
 Company Secretary                      Nominated Adviser and Joint Broker  
 Office: + 44 (0) 207 796 8644          Office: +44 (0) 20 7260 1000        
                                                                            
 Sholto Simpson                         Matthew Armitt / Ross Allister      
 One Capital                            Peel Hunt LLP                       
 JSE Sponsor                            Joint Broker                        
 Office: + 27 (0) 11 550 5009           Office: +44 (0) 207 418 8900        
                                                                            
 Julian Gwillim                                                             
 Aprio Strategic Communications                                             
 Public & Investor Relations SA                                             
 Office: +27 (0)11 880 0037                                                 

Jeffrey Couch / Neil Haycock / Thomas Rider
BMO Capital Markets Limited
Joint Broker
Office: +44 (0) 207 236 1010

http://www.panafricanresources.com/



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