PAF.L

Pan African Resources Plc
Pan African Resources Plc - Holding(s) in Company
28th October 2024, 07:00
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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|Total of|Total      |
|                |rights     |through financial |both    |number of  |
|                |attached to|instruments (total|in %    |voting     |
|                |shares     |of 8.B 1 + 8.B 2) |(8.A +  |rights held|
|                |(total     |                  |8.B)    |in issuer  |
|                |of 8.A)    |                  |        |           |
+----------------+-----------+------------------+--------+-----------+
|Resulting       |4.941718   |0.000000          |4.941718|94708229   |
|situation on the|           |                  |        |           |
|date on         |           |                  |        |           |
|which threshold |           |                  |        |           |
|was crossed or  |           |                  |        |           |
|reached         |           |                  |        |           |
+----------------+-----------+------------------+--------+-----------+
|Position of     |5.060943   |0.000000          |5.060943|           |
|previous        |           |                  |        |           |
|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  |Number of direct|Number of indirect|% of direct  |% of indirect|
|of shares   |voting rights   |voting rights     |voting rights|voting rights|
|ISIN code(if|(DTR5.1)        |(DTR5.2.1)        |(DTR5.1)     |(DTR5.2.1)   |
|possible)   |                |                  |             |             |
+------------+----------------+------------------+-------------+-------------+
|GB0004300496|0               |94708229          |0.000000     |4.941718     |
+------------+----------------+------------------+-------------+-------------+
|Sub Total   |94708229                           |4.941718%                  |
|8.A         |                                   |                           |
+------------+----------------+------------------+-------------+-------------+

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

+----------+----------+---------+-----------------------------------+------+
|Type of   |Expiration|Exercise/|Number of voting rights that may be|% of  |
|financial |date      |conve    |acquired if the instrument is      |voting|
|instrument|          |rsion    |exercised/converted                |rights|
|          |          |period   |                                   |      |
+----------+----------+---------+-----------------------------------+------+
|          |          |         |                                   |      |
+----------+----------+---------+-----------------------------------+------+
|Sub Total |                    |                                   |      |
|8.B1      |                    |                                   |      |
+----------+----------+---------+-----------------------------------+------+

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

+--------------+----------+--------------+-----------+---------+------+
|Type of       |Expiration|Exercise/conve|Physical or|Number of|% of  |
|financial     |date      |rsion period  |cash       |voting   |voting|
|instrument    |          |              |settlement |rights   |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)

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

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