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PAN
PAN
PAN - Pan African Resources PLC - Pan African Resources Plc received the
following notification on 25 June 2009
Pan African Resources PLC
(`Pan African` or the `Company`)
(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 Resources plc received the following notification on 25 June 2009:-
QUOTE
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1 Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
Pan African Resources p.l.c.
2 Reason for the notification (please tick the appropriate box or boxes):
- An acquisition or disposal of voting rights (Yes)
- An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached
- An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments
- An event changing the breakdown of voting rights
- Other (please specify):
3 Full name of person(s) subject to the notification obligation:
Investec Asset Management Limited
4 Full name of shareholder(s) (if different from 3):
N/A
5 Date of the transaction and date on which the threshold is crossed or
reached:
24 June 2009
6 Date on which issuer notified:
25 June 2009
7 Threshold(s) that is/are crossed or reached:
5%
8 Notified details:
A. Voting rights attached to shares
Class / type Situation previous Resulting situation after the triggering
of shares if to the Triggering transaction
possible transaction
using the
ISIN CODE
Number Number of Numbe Number of voting % of voting
of voting r of rights rights
shares rights share
s
Direc Direc Indirect Direc Indirec
t t t t
Ordinary 24,431, 24,431,22 - - 73,144,77 6,574%
shares of 1p 225 5 5
each
GB0004300496
B. Qualifying Financial Instruments
Type of Expiration Exercise / Number of voting rights % of
financial date Conversion that may acquired if the voting
instrument Period / instrument is exercised / rights
Date converted
- - - - -
C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Total (A+B)
Number of voting rights % of voting rights
73,144,775 6,574%
8 Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
N/A
Proxy voting
10 Name of the proxy holder:
N/A
11 Number of voting rights proxy holder will cease to hold:
N/A
12 Date on which proxy holder will cease to hold voting rights:
N/A
13 Additional information:
N/A
14 Contact name:
PEC Dexter
15 Contact telephone number:
020 7499 3916
UNQUOTE
29 June 2009
Enquiries:
Pan African Resources:
Jan Nelson, CEO
+27 (0) 11 243 2900
Keith Spencer, Chairman
+27 (0) 11 243 2900
Nicole Spruijt, Public Relations
+27 (0) 11 243 2900
RBC Capital Markets
Martin Eales
+44 (0) 20 7029 7881
Macquarie First South Advisers (Pty) Limited
Thato Morojele
+27 (0) 11 583 2379
Melanie de Nysschen
+27 (0) 11 583 2316
St James`s Corporate Services Limited
Phil Dexter
+44 (0) 20 7499 3916
FDBeachhead Media & Investor Relations
Jennifer Cohen
+27 (0) 11 214 2401
Louise Brugman
+27 (0) 11 214 2415
+27 (0) 83 504 1186
Date: 29/06/2009 16:21:01 Produced by the JSE SENS Department.
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