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PAN
PAN
PAN - Pan African Resources Plc - TR-1: Notification of major interest in shares
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 1 July 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 (No)
- An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments (No)
- An event changing the breakdown of voting rights (No)
- Other (please specify): N/A
3. Full name of person(s) subject to the notification obligation:
Coronation Asset Management (Pty) 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:
1 July 2009
7. Threshold(s) that is/are crossed or reached:
20% holding limit
8. Notified details:
A. Voting rights attached to shares
Class / Situation Resulting situation after the triggering
type of previous to transaction
shares if the
possible Triggering
using the transaction
ISIN CODE
Numbe Number Number of Number of voting % of voting
r of of shares rights rights
share voting
s rights
Direct Direct Indirect Direct Indirect
Ordinary - - 244,400,00 244,400,00 - 21.97 -
shares of 0 0 %
1p each
GB000430049
6
B. Qualifying Financial Instruments
Type of Expiration Exercise / Number of % of
financial date Conversion voting voting
instrument Period / rights rights
Date that may
acquired
if the
instrument
is
exercised
/
converted
- - - - -
C. Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Total (A+B)
Number of voting rights % of voting rights
244,400,000 21.97%
9. 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
1 July 2009
Sponsor: Macquarie First South Advisers (Pty) Limited
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: 01/07/2009 14:00:07 Produced by the JSE SENS Department.
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