TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||||||||||||||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 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 the notification 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 on which the threshold is crossed or reached: v |
22 JULY 2015 | |||||||||||||||||||
6. Date on which issuer notified: | 24 JULY 2015 | |||||||||||||||||||
7. Threshold(s) that is/are crossed or reached: vi, vii |
7% | |||||||||||||||||||
8. Notified details: | ||||||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction | ||||||||||||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x | ||||||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||||||
GB0004300496 | 128 163 539 | 128 163 539 | 128 260 139 | 128 260 139 | 7.0030% | |||||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||||||
Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||||||
Type of financial instrument |
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 | |||||||||||||||||||
128 260 139 | 7.0030% | |||||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
||||||||||||||||||||
Proxy Voting: | ||||||||||||||||||||
10. Name of the proxy holder: | ||||||||||||||||||||
11. Number of voting rights proxy holder will cease to hold: |
||||||||||||||||||||
12. Date on which proxy holder will cease to hold voting rights: |
||||||||||||||||||||
13. Additional information: |
||||||||||||||||||||
14. Contact name: | NELIA DE BEER | |||||||||||||||||||
15. Contact telephone number: | +27 87 736 1732 | |||||||||||||||||||