30 Aug 2016 14:00
PAN AFRICAN RESOURCES PLC - Holding(s) in CompanyPAN AFRICAN RESOURCES PLC - Holding(s) in Company
PR Newswire
London, August 30
| 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 | YES | ||||||||||||||||||||
| 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 | ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED | ||||||||||||||||||||
| 4. Full name of shareholder(s) (if different from 3.):iv | |||||||||||||||||||||
| 5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 29 AUGUST 2016 | ||||||||||||||||||||
| 6. Date on which issuer notified: | 29 AUGUST 2016 | ||||||||||||||||||||
| 7. Threshold(s) that is/are crossed orreached: vi, vii | 7% | ||||||||||||||||||||
| 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 | |||||||||||||||||
| 135 816 067 | 135 816 067 | 136 102 679 | 136 102 679 | 7.0040% | |||||||||||||||||
| 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 | |||||||||||||||||
| 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 | ||||||||||||||||||||
| 136 102 679 | 7.0040% | ||||||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||||||||
| Proxy Voting: | |||||||||||||||||||||
| 10. Name of the proxy holder: | |||||||||||||||||||||
| 11. Number of voting rights proxy holder will ceaseto hold: | |||||||||||||||||||||
| 12. Date on which proxy holder will cease to holdvoting rights: | |||||||||||||||||||||
| 13. Additional information: | |||||||||||||||||||||
| 14. Contact name: | NELIA DE BEER | ||||||||||||||||||||
| 15. Contact telephone number: | +27 87 736 1732 | ||||||||||||||||||||
Pan African (PAF)