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
14-May-2024
6. Date on
which Issuer
notified
17-May-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 |
18.991100 |
0.000000 |
18.991100 |
363964848 |
|
Position of previous notification (if
applicable) |
19.960100 |
0.000000 |
19.960100 |
|
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 |
363964848 |
|
18.991100 |
|
|
Sub Total
8.A |
363964848 |
18.991100% |
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
13. Place Of
Completion
Cape Town,
South Africa