leadf
logo-loader
viewPan African Resources plc

Pan African Resources Plc - Holding(s) in Company

TR-1: Standard form for notification of major holdings

   

   

   

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 in Microsoft Word format if possible)i

1a. Identity of the issuer or the              Pan African Resources Plc
underlying issuer of existing shares to           ISIN: GB0004300496
which voting rights are attachedii:

1b. Please indicate if the issuer is a non- 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 obligationiv

Name                                    Ninety One SA (Pty) Ltd

City and country of registered office   Cape Town, South Africa
(if applicable)

4. Full name of shareholder(s) (if different from 3.)v



City and country of registered office
(if applicable)

5. Date on which the threshold was      13 August 2020
crossed or reachedvi:

6. Date on which issuer notified        14 August 2020
(DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation

                    % of voting rights % of voting rights Total of both in % Tot
                    attached to shares through financial     (8.A + 8.B)     al
                     (total of 8. A)      instruments                        num
                                       (total of 8.B 1 +                     ber
                                             8.B 2)                          of
                                                                             vot
                                                                             ing
                                                                             rig
                                                                             hts
                                                                             of
                                                                             iss
                                                                             uer
                                                                             vii

Resulting situation 4.92%              0.00%              4.92%              2,2
on the date on                                                               34,
which threshold was                                                          687
crossed or reached                                                           ,53
                                                                             7

Position of         5.00%              0.00%              5.00%
previous
notification (if
applicable)FCANameUK
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type  Number of voting rightsix          % of voting rights
of
shares             Direct           Indirect        Direct         Indirect
ISIN code    (Art 9 of Directive   (Art 10 of      (Art 9 of      (Art 10 of
(if         2004/109/EC) (DTR5.1)  Directive       Directive      Directive
possible)                         2004/109/EC)   2004/109/EC)    2004/109/EC)
GB0004300496                       (DTR5.2.1)      (DTR5.1)       (DTR5.2.1)

Common                -           110,037,053          -         4.92 %
Stock


SUBTOTAL 8. 110,037,053                        4.92 %
A

B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))

Type of     Expiration Exercise/    Number of voting rights that % of voting
financial   datex      Conversion   may be acquired if the       rights
instrument             Periodxi     instrument is
                                    exercised/converted.

                       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    Expiration  Exercise/   Physical or  Number of voting % of voting
financial  datex       Conversion  cash         rights           rights
instrument             Period xi   settlementxii

                                   SUBTOTAL
                                   8.B.2GBP.01
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        X
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuerxiii

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 entityxiv (please add additional rows as
necessary)

Namexv % of voting rights if it equals or     % of voting rights through     Tot
         is higher than the notifiable    financial instruments if it equals al
                   threshold               or is higher than the notifiable  of
                                                      threshold              bot
                                                                             h
                                                                             if
                                                                             it
                                                                             equ
                                                                             als
                                                                             or
                                                                             is
                                                                             hig
                                                                             her
                                                                             tha
                                                                             n
                                                                             the
                                                                             not
                                                                             ifi
                                                                             abl
                                                                             e
                                                                             thr
                                                                             esh
                                                                             old

10. In case of proxy voting, please identify:

 of the proxy holder

The number and % of voting rights held

The date until which the voting rights
will be held

11. Additional informationxvi

Please note that securities in  are held by  and not  As part of the same group of companies,
 has assumed reporting obligation on behalf ofNamePan African Resources PlcNinety One
SA (Pty) LtdNinety One UK Ltd.Ninety One UK LtdNinety One SA
(Pty) Ltd.
Place of completion 

Date of completionLondon, England14/08/2020

Quick facts: Pan African Resources plc

Price: 19.3

Market: AIM
Market Cap: £372.17 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Pan African should be debt-free this year and hopes to increase dividends as...

Pan African Resources plc's (LON:PAF) Cobus Loots tells Proactive its gold production increased by 4.1% in the year ended June 2020. Loots says the strategic focus for the year ahead remains on optimising operations and de-gearing the balance sheet with the intention of increasing dividends in...

on 17/7/20

20 min read