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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
AIM: PAF/JSE: PAN
ISIN: GB0004300496
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
Pan African received the following notification today, Thursday, 5 April
2012:
"1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
Pan African Resources Plc
ISIN: GB0004300496
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:
Investec Asset Management Ltd
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:
04.04.12
6. Date on which issuer notified:
05.04.12
7. Threshold(s) that is/are crossed or
reached:
10%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares Situation previous to the triggering
if possible using the ISIN CODE transaction
Number of Shares Number of Voting Rights
Ordinary 1p 144,915,627 144,915,627
GB0004300496
Resulting situation after the triggering transaction
Number of Number of voting % of voting
Shares rights rights
Direct Direct Indirect Direct Indirect
- - 143,442,427 - 9.93%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/Conversion Number of voting %
of
instrument date Period rights that may be voting
acquired if the rights
instrument is
exercised/converted
- - - - -
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
Resulting situation after the triggering transaction
Type of financial Exercise Expiration Exercise/ Number % of
instrument price Date Conversion of voting voting
Period rights rights
instrument
refers to
- - - - - -
Total (A+B+C)
Number of voting rights Percentage of voting rights
143,442,427 9.93%
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:
Ian Gartshore
15. Contact telephone number:
020 7597 1825"
5 April 2012
JSE Sponsor
One Capital
Enquiries
South Africa UK
Pan African Resources Canaccord Genuity Limited
Jan Nelson, Chief Executive John Prior / Sebastian
Officer Jones
+27 (0) 11 243 2900 +44 (0)20 7665 4500
One Capital St James`s Corporate
Sholto Simpson / Megan Young / Services Limited
Nicholas Tyler Phil Dexter
+27 (0) 11 550 5000 +44 (0) 20 7499 3916
Vestor Investor Relations Gable Communications
Louise Brugman Justine James
+27 (0) 11 787 3015 +44 (0) 20 7193 7463
finnCap Limited
Elizabeth Johnson /
Joanna Weaving
+44 (0) 20 7220 0500
Date: 05/04/2012 15:00:04 Produced by the JSE SENS Department.
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