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PAN AFRICAN RESOURCES PLC - TR-1: Standard form for notification of major holdings

Release Date: 02/10/2025 17:02
Code(s): PAN PARS01 PARS02 PARS03     PDF:  
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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
   01-Oct-2025
6. Date on which Issuer notified
   02-Oct-2025
7. Total positions of person(s) subject to the notification
   obligation
                                             % of voting
                          % of voting        rights through       Total of both     Total number of                                                           
                          rights attached    financial
           .              to shares (total   instruments          in % (8.A +       voting rights                                                                                                                      
                          of 8.A)            (total of 8.B 1 +    8.B)              held in issuer
                                             8.B 2)

  Resulting
  situation on
  the date on
  which                       3.023082        0.000000             3.023082          61287358
  threshold was
  crossed or
  reached

  Position of
  previous
                              2.999000        0.000000             2.999000
  notification (if
  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         Number of direct    Number of         % of direct           % of indirect                                   
shares ISIN           voting rights       indirect voting   voting rights         voting rights
                                          rights
code(if possible)     (DTR5.1)            (DTR5.2.1)        (DTR5.1)              (DTR5.2.1)                                

GB0004300496            61287358             0                   3.023082           0.000000

Sub Total 8.A           61287358                                 3.023082%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                    Number of voting rights that
                                                                          
Type of financial    Expiration Exercise/conversion may be acquired if the                  % of                                                                 
instrument           date       period              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           Expiration    Exercise/conversion    Physical or cash Number of         % of                                                                          
financial         date          period                 settlement       voting rights     voting
instrument                                                                                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
                                             % of voting       rights through
                                             rights if it      financial           Total of both if it
     Ultimate           Name of controlled   equals or is      instruments if it   equals or is higher
     controlling person undertaking          higher than the   equals or is        than the notifiable
                                             notifiable        higher than the     threshold
                                             threshold         notifiable
                                                               threshold

                  
       Coronation        Coronation            
       Fund              Asset                                   3.023082          0.000000            3.023082%                
       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
    02-Oct-2025
13. Place Of Completion
    Cape Town, South Africa


    Rosebank
    2 October 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: 02-10-2025 05:02:00
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