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IN BRIEF: Pan African Resources to seek share capital reduction nod

17th Feb 2026 10:33

Pan African Resources PLC - Rosebank-headquartered gold producer - Says it will ask its shareholders to vote on its proposed share capital reduction plan at a general meeting to be held on March 26. The share capital reduction involves the cancellation of Pan African's share premium account, and the cancellation and "extinguishment" of certain shares in its capital, it says.

Current stock price in Johannesburg: ZAR31.16, down 1.9% on Tuesday

12-month change: more than doubled

Stock price in London: 143.60 pence, down 3.2%

12-month change: multiplied

By Artwell Dlamini, Alliance News senior reporter South Africa

Comments and questions to [email protected]

Copyright 2026 Alliance News Ltd. All Rights Reserved.


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