11 Apr 2017 10:45
PAN AFRICAN RESOURCES PLC - Holding(s) in CompanyPAN AFRICAN RESOURCES PLC - Holding(s) in Company
PR Newswire
London, April 11
| For filings with the FCA include the annex | ||||||||||||||||||||||
| For filings with issuer exclude the annex | ||||||||||||||||||||||
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||||||||||||||||||
| 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | PAN AFRICAN RESOURCES PLC | |||||||||||||||||||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||||||||||||||||||||||
| An acquisition or disposal of voting rights | X | |||||||||||||||||||||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||||||||||||||||||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||||||||||||||||||||
| An event changing the breakdown of voting rights | ||||||||||||||||||||||
| Other (please specify): | ||||||||||||||||||||||
| 3. Full name of person(s) subject to thenotification obligation: iii | PUBLIC INVESTMENT CORPORATION SOC LIMITED | |||||||||||||||||||||
| 4. Full name of shareholder(s) (if different from 3.):iv | N/A | |||||||||||||||||||||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 7 April 2017 | |||||||||||||||||||||
| 6. Date on which issuer notified: | 10 April 2017 | |||||||||||||||||||||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | 6% | |||||||||||||||||||||
| 8. Notified details: | ||||||||||||||||||||||
| A: Voting rights attached to shares viii, ix | ||||||||||||||||||||||
| Class/type ofsharesif possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||||||||
| NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||||||
| PAN | 93 510 432 | 116 638 275 | 6.002% | |||||||||||||||||||
| B: Qualifying Financial Instruments | ||||||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||||||
| Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||||||||
| NONE | N/A | N/A | N/A | N/A | ||||||||||||||||||
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||||||||
| Resulting situation after the triggering transaction | ||||||||||||||||||||||
| Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||||||||
| Nominal | Delta | |||||||||||||||||||||
| Total (A+B+C) | ||||||||||||||||||||||
| Number of voting rights | Percentage of voting rights | |||||||||||||||||||||
| 116 638 275 | 6.002% | |||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||||||||||||||||||||
| N/A | ||||||||||||||||||||||
| Proxy Voting: | ||||||||||||||||||||||
| 10. Name of the proxy holder: | N/A | |||||||||||||||||||||
| 11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||||||||||||||||
| 12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||||||||||||||||
| 13. Additional information: | N/A | |||||||||||||||||||||
| 14. Contact name: | DEVILLIERS MAKONKO | |||||||||||||||||||||
| 15. Contact telephone number: | 012 742 3578 | |||||||||||||||||||||
Pan African (PAF)