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Share Price Information for Pan African Resources (PAF)

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106.40    -6.70 (-5.92%)
Bid:
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Spread: 0.60 (0.569%)
Market Cap: £2.16b
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Capital Reduction

22 May 2026 09:00

Pan African Resources Plc - Capital Reduction

Pan African Resources Plc - Capital Reduction

PR Newswire

LONDON, United Kingdom, May 22

Pan African Resources PLC         Pan African Resources Funding Company

(Incorporated and registered in England and Wales   Limited

under Companies Act 1985 with registered     Incorporated in the Republic of South Africa

number 3937466 on 25 February 2000)       with limited liability

Share code on LSE: PAF         Registration number: 2012/021237/06

Share code on JSE: PAN         Alpha code: PARI

ISIN: GB0004300496

ADR code: PAFRY

("Pan African" or "the Company" or "the Group")

CAPITAL REDUCTION

Pan African shareholders (Shareholders) are referred to the announcements published on 17   February   2026, 26 March 2026 and 28 April 2026 relating to, inter alia , the proposed share capital reduction involving the cancellation of the Company's share premium account and the cancellation and extinguishment of certain shares in the Company's capital (Capital Reduction).

Pan African is pleased to advise that the court order approving the Capital Reduction was registered at Companies House in the UK on 21 May 2026. Accordingly, the Capital Reduction is now effective.

 

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com

 

Rosebank

22 May 2026

 

Corporate information

Corporate Office

The Firs Building

2nd Floor, Office 204

Corner Cradock and Biermann Avenues

Rosebank, Johannesburg

South Africa

Office: + 27 (0)11 243 2900

info@paf.co.za

Registered Office

107 Cheapside, 2 nd Floor

London, EC2V 6DN

United Kingdom

Office: + 44 (0)20 3869 0706

jane.kirton@corpserv.co.uk

Chief Executive Officer

Cobus Loots

Office: + 27 (0)11 243 2900

Financial Director and debt officer

Marileen Kok

Office: + 27 (0)11 243 2900

Head: Investor Relations

Hethen Hira Tel: + 27 (0)11 243 2900 E-mail: hhira@paf.co.za

Website: www.panafricanresources.com

Company Secretary

Jane Kirton

St James's Corporate Services Limited

Office: + 44 (0)20 3869 0706

Joint Broker

Ross Allister/Georgia Langoulant

Peel Hunt LLP

Office: +44 (0)20 7418 8900

JSE Sponsor & JSE Debt Sponsor

Ciska Kloppers

Questco Corporate Advisory Proprietary Limited

Office: + 27 (0) 63 482 3802

Joint Broker

Thomas Rider/Nick Macann

BMO Capital Markets Limited

Office: +44 (0)20 7236 1010

 

Joint Broker

Matthew Armitt/Jennifer Lee

Joh. Berenberg, Gossler & Co KG (Berenberg)

Office: +44 (0)20 3207 7800

 

 

 



Date   Source Headline
22nd Jul 20254:15 pmPRNHolding(s) in Company
10th Jul 20258:00 amPRNTransaction in Own Shares
8th Jul 20258:00 amPRNTransaction in Own Shares
4th Jul 20258:00 amPRNTransaction in Own Shares
4th Jul 20257:00 amPRNHolding(s) in Company
3rd Jul 20258:00 amPRNTransaction in Own Shares
2nd Jul 202510:45 amPRNHolding(s) in Company
2nd Jul 20258:00 amPRNTransaction in Own Shares
1st Jul 202510:00 amPRNHolding(s) in Company
30th Jun 202511:00 amPRNShare Buyback Programme
26th Jun 20259:00 amPRNDirector/PDMR Shareholding
11th Jun 20258:45 amPRNOperational Update, Record Half-Year Gold Production, Substantial Decrease in Group Gearing and Share Buyback Programme
9th Jun 202512:00 pmPRNHolding(s) in Company
8th May 20251:15 pmPRNHolding(s) in Company
30th Apr 202511:10 amPRNHolding(s) in Company
16th Apr 20259:33 amPRNHolding(s) in Company
25th Mar 202512:15 pmPRNHolding(s) in Company
25th Mar 20258:30 amPRNHolding(s) in Company
19th Mar 20257:00 amRNSResult of placing in Pan African Resources PLC
18th Mar 20254:40 pmRNSSecondary placing in Pan African Resources PLC
5th Mar 20258:11 amPRNHolding(s) in Company
12th Feb 20257:00 amPRNUnaudited Interim Financial Results for the six months ended 31 December 2024
10th Feb 20259:30 amPRNGroup Trading Statement for the six months ended 31 December 2024
28th Jan 20259:40 amPRNHolding(s) in Company
27th Dec 202411:30 amPRNHolding(s) in Company
17th Dec 20243:05 pmPRNHolding(s) in Company
12th Dec 202411:40 amPRNHolding(s) in Company
12th Dec 20247:00 amPRNOperational Update and Completion of the Tennant Consolidated Mining Group Transaction
9th Dec 20248:00 amPRNIssue of New Ordinary Shares, AIM application and Total Voting Rights
21st Nov 20243:45 pmPRNResult of AGM & Salient Dividend Dates
5th Nov 20248:30 amPRNPan African acquires Tennant Consolidated Mining Group Pty Ltd in Australia and Sudanese exploration activities suspended
31st Oct 20247:00 amPRNPan African announces successful commissioning of the Mogale Tailings Retreatment (MTR) operation
30th Oct 20247:00 amPRNNotice of Annual General Meeting
28th Oct 20247:00 amPRNHolding(s) in Company
22nd Oct 202411:30 amPRNHolding(s) in Company
21st Oct 20249:00 amPRNListing of new Sustainability-Linked Instrument, Notificiation of Additional Guarantors and Notification of a Partial Capital Redemption
1st Oct 20247:00 amPRNAppointment of Financial Director
25th Sep 20248:00 amPRNHolding(s) in Company
11th Sep 20247:00 amPRNSummarised audited results for the year ended 30 June 2024
5th Sep 202411:30 amPRNTrading Statement for the year ended 30 June 2024 (Current Reporting Period)
29th Jul 20247:00 amPRNOperational Update for the year ended 30 June 2024 and Board Change
19th Jul 202412:04 pmPRNRegistration of Capital Reduction and Effective Date
12th Jul 202410:15 amPRNHolding(s) in Company
2nd Jul 20243:45 pmPRNDirector/PDMR Shareholding
2nd Jul 20243:45 pmPRNDirector/PDMR Shareholding
19th Jun 20241:30 pmPRNHolding(s) in Company
10th Jun 20243:00 pmPRNResults of General Meeting
6th Jun 20241:30 pmPRNHolding(s) in Company
4th Jun 20247:00 amPRNPan African Concludes Five-Year Wage Agreement at Barberton Mines and Maturation of the Barberton Mines' Employee Share Ownership Plan (ESOP)
24th May 20248:00 amPRNProposed Capital Reduction and Notice of General Meeting

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