Pan African Resources Plc Holding(s) in Company

 
TIDMPAF 
 
TR-1: Standard form for notification of major holdings 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the 
FCA in Microsoft Word format if possible)i 
 
1a. Identity of the issuer or the underlying                        Pan African Resources Plc 
issuer of existing shares to which voting 
rights are attachedii: 
 
1b. Please indicate if the issuer is a non-UK 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                                            Coronation Asset Management (Pty) Ltd acting 
                                                as discretionary investment manager on behalf 
                                                of managed portfolios. 
 
City and country of registered office (if       Cape Town, South Africa 
applicable) 
 
4. Full name of shareholder(s) (if different from 3.)v 
 
Name                                            N/A 
 
City and country of registered office (if 
applicable) 
 
5. Date on which the threshold was crossed or   23/05/2018 
reachedvi: 
 
6. Date on which issuer notified (DD/MM/YYYY):  23/05/2018 
 
7. Total positions of person(s) subject to the notification obligation 
 
                      % of voting     % of voting rights  Total of both in  Total number of 
                    rights attached   through financial     % (8.A + 8.B)   voting rights of 
                   to shares (total      instruments                        issuervii 
                       of 8. A)       (total of 8.B 1 + 
                                            8.B 2) 
 
Resulting          4.03%                                  4.03%             2 234 687 537 
situation on the 
date on which 
threshold was 
crossed or reached 
 
Position of        3%                                     3% 
previous 
notification (if 
applicable) 
 
 
 
 
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 of        Number of voting rightsix             % of voting rights 
shares 
ISIN code (if             Direct            Indirect              Direct             Indirect 
possible)                (Art 9 of         (Art 10 of       (Art 9 of Directive     (Art 10 of 
                      Directive 2004/  Directive 2004/109/ 2004/109/EC) (DTR5.1)  Directive 2004/ 
                     109/EC) (DTR5.1)    EC) (DTR5.2.1)                               109/EC) 
                                                                                    (DTR5.2.1) 
 
GB0004300496         90 006 351                            4.03% 
 
SUBTOTAL 8. A                     90 006 351                                4.03% 
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
(DTR5.3.1.1 (a)) 
 
Type of financial    Expiration Exercise/               Number of voting rights  % of voting 
instrument           datex      Conversion Periodxi     that may be acquired if  rights 
                                                        the 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 cash  Number of      % of voting 
financial        datex          Conversion      settlementxii     voting rights  rights 
instrument                      Period xi 
 
                                                SUBTOTAL 8.B.2 
 
 
 
 
 
 
 
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 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               X 
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    % of voting rights      Total of both if it 
                       it equals or is higher     through financial      equals or is higher 
                         than the notifiable      instruments if it      than the notifiable 
                              threshold          equals or is higher          threshold 
                                                 than the notifiable 
                                                      threshold 
 
Coronation Fund 
Managers Ltd 
 
Coronation Investment 
Management SA (Pty) 
Ltd 
 
Coronation Asset       4.03%                                           4.03% 
Management (Pty) Ltd 
 
10. In case of proxy voting, please identify: 
 
Name of the proxy holder 
 
The number and % of voting rights held 
 
The date until which the voting rights will be 
held 
 
11. Additional informationxvi 
 
 
 
 
Place of completion  Cape Town, South Africa 
 
Date of completion   23 May 2018 
 
 
 
Annex: Notification of major holdings (to be filed with the FCA only) 
 
A: Identity of the person subject to the notification obligation 
 
Full name (including legal form for legal           Coronation Asset Management (Pty) Ltd 
entities) 
 
Contact address (registered office for legal        7th Floor, Montclare Place, Corner of 
entities)                                     Campground and Main Roads, Claremont, South 
                                                                             Africa, 7708 
 
E-Mail                                                             [e-mail] 
 
Phone number / Fax number                                                 [phone] 
 
Other useful information                         Coronation Asset Management (Pty) Ltd as 
(at least legal representative for legal             investment manager acts on behalf of 
persons)                                             various clients holding PAN in their 
                                                                               portfolios 
 
B: Identity of the notifier, if applicable 
 
Full name                                                                    Stephan Kemp 
 
Contact address                                     7th Floor, Montclare Place, Corner of 
                                              Campground and Main Roads, Claremont, South 
                                                                             Africa, 7708 
 
E-Mail                                                             [e-mail] 
 
Phone number / Fax number                                                 [phone] 
 
Other useful information (e.g. functional          Compliance Officer at Coronation Asset 
relationship with the person or legal entity                         Management (Pty) Ltd 
subject to the notification obligation) 
 
C: Additional information 
 
 
Please send the completed form together with this annex to the FCA at the 
following email 
 
address: [e-mail]. Please send in Microsoft Word format if 
possible. 
 
 
 
END 
 

(END) Dow Jones Newswires

May 23, 2018 05:16 ET (09:16 GMT)