TR-1:
Standard form for notification of major holdings
1. Issuer Details
ISIN
GB0004300496
Issuer
Name
PAN
AFRICAN RESOURCES PLC
UK
or Non-UK Issuer
UK
2. Reason for Notification
An
acquisition or disposal of voting rights
3. Details of person subject to the notification
obligation
Name
Allan Gray
Proprietary Limited
City of
registered office (if applicable)
Cape Town
Country of
registered office (if applicable)
South Africa
4. Details of the shareholder
Full name of
shareholder(s) if different from the person(s) subject to the
notification obligation, above
City of
registered office (if applicable)
Country of
registered office (if applicable)
5. Date on which the threshold was crossed or
reached
11-Dec-2024
6. Date on which Issuer notified
12-Dec-2024
7. Total positions of person(s) subject to the notification
obligation
|
.
|
%
of voting rights attached to shares (total of
8.A)
|
%
of voting rights through financial instruments (total of 8.B 1 +
8.B 2)
|
Total of both
in % (8.A + 8.B)
|
Total number
of voting rights held in issuer
|
|
Resulting
situation on the date on which threshold was crossed or
reached
|
15.284300
|
0.000000
|
15.284300
|
310166170
|
|
Position
of previous notification (if applicable)
|
16.963800
|
0.000000
|
16.963800
|
|
8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of
shares ISIN code(if possible)
|
Number of
direct voting rights (DTR5.1)
|
Number of
indirect voting rights (DTR5.2.1)
|
%
of direct voting rights (DTR5.1)
|
%
of indirect voting rights (DTR5.2.1)
|
|
GB0004300496
|
310166170
|
|
15.284300
|
|
|
Sub Total
8.A
|
310166170
|
15.284300%
|
8B1. Financial Instruments according to (DTR5.3.1R.(1)
(a))
|
Type of
financial instrument
|
Expiration
date
|
Exercise/conversion
period
|
Number of
voting rights that may be acquired if the instrument is
exercised/converted
|
%
of voting rights
|
|
|
|
|
|
|
|
Sub Total
8.B1
|
|
|
|
8B2. Financial Instruments with similar economic effect according
to (DTR5.3.1R.(1) (b))
|
Type of
financial instrument
|
Expiration
date
|
Exercise/conversion
period
|
Physical or
cash settlement
|
Number of
voting rights
|
%
of voting rights
|
|
|
|
|
|
|
|
|
Sub Total
8.B2
|
|
|
|
9. Information in relation to the person subject to the
notification obligation
1. 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) issuer.
|
Ultimate
controlling person
|
Name of
controlled undertaking
|
%
of voting rights if it equals or is higher than the notifiable
threshold
|
%
of voting rights through financial instruments if it equals or is
higher than the notifiable threshold
|
Total of both
if it equals or is higher than the notifiable
threshold
|
|
|
|
|
|
|
10. In case of proxy voting
Name of the
proxy holder
The number and
% of voting rights held
The date until
which the voting rights will be held
11. Additional Information
12. Date of Completion
12-Dec-2024
13. Place Of Completion
Cape Town