Company Announcements

Pan African Resources Plc - Holding(s) in Company

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 Issuer

2. Reason for Notification

An acquisition or disposal of voting rights  

3. Details of person subject to the notification obligation

Name

M&G Plc

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

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

24-Oct-2024

6. Date on which Issuer notified

25-Oct-2024

7. Total positions of person(s) subject to the notification obligation

 _____________________________________________________________________________
|               |               |% of voting    |             |               |
|               |% of voting    |rights through |Total of both|Total number of|
|.              |rights attached|financial      |in % (8.A +  |voting rights  |
|               |to shares      |instruments    |8.B)         |held in issuer |
|               |(total of 8.A) |(total of 8.B 1|             |               |
|               |               |+ 8.B 2)       |             |               |
|_______________|_______________|_______________|_____________|_______________|
|Resulting      |               |               |             |               |
|situation on   |               |               |             |               |
|the date on    |4.941718       |0.000000       |4.941718     |94708229       |
|which threshold|               |               |             |               |
|was crossed or |               |               |             |               |
|reached        |               |               |             |               |
|_______________|_______________|_______________|_____________|_______________|
|Position of    |               |               |             |               |
|previous       |5.060943       |0.000000       |5.060943     |               |
|notification   |               |               |             |               |
|(if applicable)|               |               |             |               |
|_______________|_______________|_______________|_____________|_______________|


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   |Number of direct|Number of      |% of direct  |% of indirect|
|shares ISIN code|voting rights   |indirect voting|voting rights|voting rights|
|(if possible)   |(DTR5.1)        |rights         |(DTR5.1)     |(DTR5.2.1)   |
|                |                |(DTR5.2.1)     |             |             |
|________________|________________|_______________|_____________|_____________|
|GB0004300496    |0               |94708229       |0.000000     |4.941718     |
|________________|________________|_______________|_____________|_____________|
|Sub Total 8.A   |94708229                        |4.941718%                  |
|________________|________________________________|___________________________|


8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 _____________________________________________________________________________
|              |          |                   |Number of voting   |           |
|Type of       |Expiration|Exercise/conversion|rights that may be |% of voting|
|financial     |date      |period             |acquired if the    |rights     |
|instrument    |          |                   |instrument is      |           |
|              |          |                   |exercised/converted|           |
|______________|__________|___________________|___________________|___________|
|Sub Total 8.B1|                              |                   |           |
|______________|______________________________|___________________|___________|


8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 ___________________________________________________________________________
|Type of   |Expiration|Exercise/conversion|Physical or|Number of|% of voting|
|financial |date      |period             |cash       |voting   |rights     |
|instrument|          |                   |settlement |rights   |           |
|__________|__________|___________________|___________|_________|___________|
|Sub Total |                                          |         |           |
|8.B2      |                                          |         |           |
|__________|__________________________________________|_________|___________|


9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 _____________________________________________________________________________
|           |                |               |% of voting    |                |
|           |                |% of voting    |rights through |Total of both if|
|Ultimate   |Name of         |rights if it   |financial      |it equals or is |
|controlling|controlled      |equals or is   |instruments if |higher than the |
|person     |undertaking     |higher than the|it equals or is|notifiable      |
|           |                |notifiable     |higher than the|threshold       |
|           |                |threshold      |notifiable     |                |
|           |                |               |threshold      |                |
|___________|________________|_______________|_______________|________________|
|M&G Plc    |M&G Plc (Parent |               |               |                |
|           |Company)        |               |               |                |
|___________|________________|_______________|_______________|________________|
|           |M&G Group       |               |               |                |
|           |Regulated Entity|               |               |                |
|M&G Plc    |Holding Company |               |               |                |
|           |Limited (wholly |               |               |                |
|           |owned subsidiary|               |               |                |
|           |of M&G Plc)     |               |               |                |
|___________|________________|_______________|_______________|________________|
|           |M&G Group       |               |               |                |
|           |Limited (wholly |               |               |                |
|           |owned subsidiary|               |               |                |
|M&G Plc    |of M&G Group    |               |               |                |
|           |Regulated Entity|               |               |                |
|           |Holding Company |               |               |                |
|           |Limited)        |               |               |                |
|___________|________________|_______________|_______________|________________|
|           |M&G FA Limited  |               |               |                |
|           |(wholly owned   |               |               |                |
|M&G Plc    |subsidiary of   |               |               |                |
|           |M&G Group       |               |               |                |
|           |Limited)        |               |               |                |
|___________|________________|_______________|_______________|________________|
|           |MandG           |               |               |                |
|           |Investments     |               |               |                |
|           |Southern Africa |               |               |                |
|M&G Plc    |(Pty) Ltd       |               |               |                |
|           |(majority owned |               |               |                |
|           |subsidiary of   |               |               |                |
|           |M&G FA Limited) |               |               |                |
|___________|________________|_______________|_______________|________________|
|           |MandG Investment|               |               |                |
|           |Managers (Pty)  |               |               |                |
|           |Ltd (wholly     |               |               |                |
|M&G Plc    |owned subsidiary|               |               |                |
|           |of MandG        |               |               |                |
|           |Investments     |               |               |                |
|           |Southern Africa |               |               |                |
|           |(Pty) Ltd)      |               |               |                |
|___________|________________|_______________|_______________|________________|


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

We no longer hold a notifiable interest

12. Date of Completion

25-Oct-2024

13. Place Of Completion

London, United Kingdom