Last checked at 16 Jan 2017 09:00
PAN AFRICAN RESOURCES PLC - Notice of GMPAN AFRICAN RESOURCES PLC - Notice of GM
PR Newswire
London, January 16
Pan African Resources PLC(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)AIM Code: PAFJSE Code: PANISIN: GB0004300496(“Pan African” or the “Company”)
Notice of General Meeting
Notice is hereby given that a General Meeting of Shareholders (“General Meeting”) will be held at the offices of Numis Securities Limited, The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT on Thursday, 9 February 2017 at 09:30. Please note that as the General Meeting will be held at The London Stock Exchange (“LSE”) all attendees will be required to show ID in order to gain entry to the meeting venue.
The resolutions passed at the Company’s Annual General Meeting held on 25 November 2016 did not include the customary resolution to disapply the statutory pre-emption rights or, as is required in terms of the Listings Requirements of the JSE Limited (“JSE”), to allow the Company to carry out a general issue of ordinary shares for cash (“General Issue”). The Company now wishes to obtain the rights to provide the board of directors (“Board”) with the flexibility to proceed with a General Issue, as and when suitable opportunities arise.
Accordingly, the General Meeting is being convened in order to propose, amongst other things, a resolution to disapply the statutory pre-emption rights and a resolution as required by the JSE to allow the Company to proceed with a General Issue.
A circular to Shareholders (“the Circular”) setting out details of the proposed resolutions, including the notice convening the General Meeting, will be posted to Shareholders on Tuesday, 17 January 2017.
Shareholders are advised that the Circular and Notice of General Meeting will be available on the Company’s website http://www.panfricanresources.com from Tuesday, 17 January 2017.
Salient dates and times in relation to the General Meeting
The salient dates and times in relation to the General Meeting are set out below:
| 2017 | |
| Posting of Circular and notice of General Meeting | Tuesday, 17 January |
| Last day to trade to be eligible to participate and vote at the General Meeting | Thursday, 2 February |
| Record date to be eligible to participate and vote at the General Meeting | Tuesday, 7 February |
| Latest time and date for receipt of completed forms of proxy for the General Meeting (or electronic proxy appointments) at 09:30 a.m. GMT | Tuesday, 7 February |
| Latest time and date for receipt of CREST Proxy Instruction at 09:30 a.m. GMT | Tuesday, 7 February |
| General Meeting be held at 9.30 a.m. GMT on Tuesday, 7 February 2017 at the offices of Numis Securities Limited at The London Stock Exchange Building, 10 Paternoster Square, London EC4M 7LT | Thursday, 9 February |
| Results of General Meeting released on the regulatory news service of the JSE and the LSE | Thursday, 9 February |
Notes:
The dates and times above are subject to change. Any changes will be released on the regulatory news service of the JSE and the LSE. All times in this announcement are GMT unless otherwise stated.
Should the General Meeting be adjourned or postponed, it is requested that forms of proxy be received by no later than 48 hours (excluding Saturdays, Sundays and statutory or proclaimed public holidays in South Africa and the United Kingdom) prior to the time of the adjourned or postponed General Meeting.Johannesburg16 January 2017CONTACT INFORMATIONCorporate OfficeThe Firs Office Building1st Floor, Office 101Cnr. Cradock and Biermann AvenuesRosebank, JohannesburgSouth AfricaOffice: + 27 (0) 11 243 2900Facsimile: + 27 (0) 11 880 1240Registered OfficeSuite 31Second Floor107 CheapsideLondonEC2V 6DNUnited KingdomOffice: + 44 (0) 207 796 8644Facsimile: + 44 (0) 207 796 8645Cobus Loots Deon LouwPan African Resources PLC Pan African Resources PLCChief Executive Officer Financial DirectorOffice: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900Phil Dexter John Prior / Paul GillamSt James's Corporate Services Limited Numis Securities LimitedCompany Secretary Nominated Adviser and Joint BrokerOffice: + 44 (0) 207 796 8644 Office: +44 (0) 20 7260 1000Natalie Di-Sante Matthew Armitt / Ross AllisterStandard Bank Peel Hunt LLPJSE Transaction Sponsor Joint BrokerOffice: + 27 (0) 11 721 6125 Office: +44 (0) 207 418 8900Julian Gwillim Lorna CobbettAprio Strategic Communications Bell Pottinger PRPublic & Investor Relations SA Public & Investor Relations UKOffice: +27 (0)11 880 0037 Office: + 44 (0) 203 772 2564Jeffrey Couch/Neil Haycock/Thomas RiderBMO Capital Markets LimitedJoint BrokerOffice: +44 (0) 207 236 1010www.panafricanresources.com