22nd Apr 2016 16:00
PAN AFRICAN RESOURCES PLC - Holding(s) in CompanyPAN AFRICAN RESOURCES PLC - Holding(s) in Company
PR Newswire
London, April 22
| 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 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 | ||
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | X | |
| 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 | TRUFFLE ASSET MANAGEMENT (PTY) LTD |
| 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 | 20 APRIL 2016 |
| 6. Date on which issuer notified: | 20 APRIL 2016 |
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5% |
8. Notified details:A: Voting rights attached to shares viii, ix
| Class/type ofsharesif possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation afterthe triggeringtransaction | |||||
| NumberofShares | NumberofVotingRights | Numberofshares | Numberofvotingrights | % of votingrights x | |||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||
| GB0004300496 | 95301018 | 95301018 | 96350196 | 96350196 | 5.26% | ||
| 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 | Exerciseprice | Expirationdate xvii | Exercise/Conversionperiod xviii | Number of votingrights instrumentrefers to | % of votingrights xix, xx | |
| Nominal | Delta | |||||
| Total (A+B+C) |
| Number of voting rights | Percentage of voting rights |
| 96,350,196 | 5.26% |
| 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: | TRUFFLE ASSET MANAGEMENT (PTY) LTD |
| 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: | ETIENNE ROUX |
| 15. Contact telephone number: | +27 11 325 0030 |
| Note: Annex should only be submitted to the FCA not the issuer |
| Annex: Notification of major interests in sharesxxii |
A: Identity of the persons or legal entity subject to the notification obligation
| Full name (including legal form of legal entities) | TRUFFLE ASSET MANAGEMENT (PTY) LTD |
| Contact address (registered office for legal entities) | LANCASTER GATE, HYDE LANE OFFICE PARK,HYDE PARK |
| Phone number & email | +27 11 325 0030 |
| Other useful information (at least legal representative for legal persons) |
B: Identity of the notifier, if applicable
| Full name | ETIEENE ROUX |
| Contact address | LANCASTER GATE, HYDE LANE OFFICE PARK,HYDE PARK |
| Phone number & email | +27 11 325 0030 |
| Other useful information(e.g. functional relationship with the person or legal entity subject to the notification obligation) |
| C: Additional information |
For notes on how to complete form TR-1 please see the FCA website.
Related Shares:
Pan African Resources