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TR-1: Standard form for notification of major holdings
Pan African Resources PLC Pan African Resources Funding
(Incorporated and registered in England and Wales Company Limited
under Companies Act 1985 with registered number Incorporated in the Republic of South
3937466 on 25 February 2000) Africa with limited liability
Share code on AIM: PAF Registration number: 2012/021237/06
Share code on JSE: PAN Alpha code: PARI
ISIN: GB0004300496
ADR code: PAFRY
('Pan African' or 'the Company' or 'the Group')
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0004300496
Issuer Name
PAN AFRICAN RESOURCES PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Coronation Fund Managers
City of registered office (if applicable)
Cape Town
Country of registered office (if applicable)
South Africa
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
22-Sep-2025
6. Date on which Issuer notified
23-Sep-2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total number of
attached to shares through financial Total of both in voting rights held
(total of 8.A) instruments (total of % (8.A + 8.B) in issuer
8.B 1 + 8.B 2)
Resulting situation
on the date on which 2.999000 0.000000 2.999000 60797948
threshold was
crossed or reached
Position of previous
notification (if 3.074030 0.000000 3.074030
applicable)
8. Notified details of the resulting situation on the date on which the threshold
was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares Number of direct voting Number of indirect % of direct voting % of indirect voting
ISIN code(if possible) rights (DTR5.1 voting rights rights (DTR5.1) rights (DTR5.2.1)
(DTR5.2.1)
GB0004300496 60797948 0 2.999000 0.000000
Sub Total 8.A 60797948 2.999000%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial Expiration Exercise/conversion Number of voting rights that may be % of
instrument date period acquired if the instrument is voting
exercised/converted rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))
Type of financial Expiration Exercise/conversion Physical or cash Number of voting % of voting
instrument date period settlement rights rights
Sub Total 8.B2
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
% of voting rights if % of voting rights Total of both if it
Ultimate controlling Name of controlled it equals or is higher through financial equals or is higher
person undertaking than the notifiable instruments if it equals than the notifiable
threshold or is higher than the threshold
notifiable threshold
Coronation
Coronation Asset 2.999000 0.000000 2.999000%
Fund Managers Management
(Pty) Ltd
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
12. Date of Completion
23-Sep-2025
13. Place Of Completion
Cape Town, South Africa
Rosebank
25 September 2025
For further information on Pan African Resources, please visit the Company's website at
www.panafricanresources.com
Corporate information
Corporate Office Registered Office
The Firs Building 107 Cheapside, 2nd Floor
2nd Floor, Office 204 London, EC2V 6DN
Corner Cradock and Biermann Avenues United Kingdom
Rosebank, Johannesburg Office: + 44 (0)20 3869 0706
South Africa jane.kirton@corpserv.co.uk
Office: + 27 (0)11 243 2900
info@paf.co.za
Chief Executive Officer Financial Director and debt officer
Cobus Loots Marileen Kok
Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900
Head: Investor Relations Website: www.panafricanresources.com
Hethen Hira
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za
Company Secretary Nominated Adviser and Joint Broker
Jane Kirton Ross Allister/Georgia Langoulant
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0)20 3869 0706 Office: +44 (0)20 7418 8900
JSE Sponsor & JSE Debt Sponsor Joint Broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary BMO Capital Markets Limited
Limited Office: +44 (0)20 7236 1010
Office: + 27 (0) 63 482 3802
Joint Broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG
(Berenberg)
Office: +44 (0)20 3207 7800
Date: 25-09-2025 08:00:00
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