Pan African Resources PLC Holding(s) in Company

 
TIDMPAF 
 
For filings with the FCA include the annex 
 
For filings with issuer exclude the annex 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
 
1. Identity of the issuer or the underlying issuer                                         PAN AFRICAN RESOURCES Plc 
of existing shares to which voting rights are 
attached: ii 
 
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           ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED 
notification obligation: iii 
 
4. Full name of shareholder(s) 
 (if different from 3.):iv 
 
5. Date of the transaction and date on                                                                29 AUGUST 2016 
which the threshold is crossed or 
reached: v 
 
6. Date on which issuer notified:                                                                     29 AUGUST 2016 
 
7. Threshold(s) that is/are crossed or                                                                            7% 
reached: vi, vii 
 
8. Notified details: 
 
A: Voting rights attached to shares viii, ix 
 
Class/type of  Situation previous            Resulting situation after the triggering transaction 
shares         to the triggering 
               transaction 
if possible 
using          Number            Number      Number         Number of voting        % of  voting rights x 
the ISIN CODE  of                of          of shares      rights 
               Shares            Voting 
                                 Rights      Direct         Direct xi      Indirect Direct      Indirect 
                                                                           xii 
 
               135 816 067       135 816 067 136 102 679    136 102 679             7.0040% 
 
B: Qualifying Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial           Expiration Exercise/                   Number of voting           % of voting 
instrument                           Conversion Period xiv       rights that may be         rights 
                            date                                 acquired if the 
                            xiii                                 instrument is 
                                                                 exercised/ converted. 
 
C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments xv, xvi 
 
Resulting situation after the triggering transaction 
 
Type of financial  Exercise      Expiration Exercise/          Number of voting rights     % of voting rights 
instrument         price         date    Conversion period  instrument refers to        xix, xx 
                                 xvii    xviii 
 
                                                                                        Nominal         Delta 
 
Total (A+B+C) 
 
Number of voting rights                              Percentage of voting rights 
 
136 102 679                                          7.0040% 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi 
 
Proxy Voting: 
 
10. Name of the proxy holder: 
 
11. Number of voting rights proxy holder will cease 
to hold: 
 
12. Date on which proxy holder will cease to hold 
voting rights: 
 
 
13. Additional information: 
 
14. Contact name:                                                                                      NELIA DE BEER 
 
15. Contact telephone number:                                                                        [phone] 
 
 
 
 
END 
 

(END) Dow Jones Newswires

August 30, 2016 09:00 ET (13:00 GMT)