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Pan African Resources PLC

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

or Non- IssuerUKUK

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Ninety One SA (Pty) Ltd

City of registered office (if applicable)

Country of registered office (if applicable)

ZA

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-Aug-2021

6. Date on which Issuer notified

25-Aug-2021

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

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

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

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

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)

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

12. Date of Completion

25-Aug-2021

13. Place Of Completion

London

.        % of voting     % of voting     Total of both in Total number of
                rights attached rights through  % (8.A + 8.B)    voting rights
                to shares       financial                        held in issuer
                (total of 8.A)  instruments
                                (total of 8.B 1
                                + 8.B 2)

Resulting       4.981000        0.000000        4.981000         111309748
situation on
the date on
which threshold
was crossed or
reached

Position of     5.000001        0.000000        5.000001
previous
notification
(if applicable)
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 (DTR5.2.1) (DTR5.1)      (DTR5.2.1)

GB0004300496     0                111309748         0.000000      4.981000

Sub Total 8.A    111309748                          4.981000%
Type of        Expiration Exercise/conversion Number of voting    % of voting
financial      date       period              rights that may be  rights
instrument                                    acquired if the
                                              instrument is
                                              exercised/converted

Sub Total 8.B1
Type of    Expiration Exercise/conversion Physical or Number of     % of voting
financial  date       period              cash        voting rights rights
instrument                                settlement

Sub Total
8.B2
Ultimate       Name of        % of voting     % of voting       Total of both if
controlling    controlled     rights if it    rights through    it equals or is
person         undertaking    equals or is    financial         higher than the
                              higher than the instruments if it notifiable
                              notifiable      equals or is      threshold
                              threshold       higher than the
                                              notifiable
                                              threshold

Ninety One     Ninety One UK  100.000000      0.000000          100.000000
Global Limited Limited

Ninety One Plc Ninety One     100.000000      0.000000          100.000000
               Global Limited

Ninety One     Ninety One SA  100.000000      0.000000          100.000000
Africa (Pty)   (Pty) Limited
Limited
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