TIDMPAF 
 
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 
 
10-Oct-2022 
 
6. Date on which Issuer notified 
 
11-Oct-2022 
 
7. Total positions of person(s) subject to the notification obligation 
 
         .           % of voting    % of voting rights   Total of Total number 
                     rights         through financial    both in  of voting 
                     attached to    instruments (total   % (8.A + rights held 
                     shares (total  of 8.B 1 + 8.B 2)    8.B)     in issuer 
                     of 8.A) 
 
Resulting situation   5.060943      0.000000             5.060943 112497773 
on the date on which 
threshold was 
crossed or reached 
 
Position of previous Below 5%       Below 5%             Below 5% 
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 of Number of       Number of         % of direct    % of indirect 
shares ISIN   direct voting   indirect voting   voting rights  voting rights 
code(if       rights (DTR5.1) rights (DTR5.2.1) (DTR5.1)       (DTR5.2.1) 
possible) 
 
 GB0004300496 0               112497773         0.000000       5.060943 
 
Sub Total 8.A 112497773                         5.060943% 
 
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) 
 
Type of         Expiration Exercise/  Number of voting rights that may % of 
financial       date       conversion be acquired if the instrument is voting 
instrument                 period     exercised/converted              rights 
 
Sub Total 8.B1 
 
8B2. Financial Instruments with similar economic effect according to 
(DTR5.3.1R.(1) (b)) 
 
Type of     Expiration Exercise/      Physical or     Number of     % of 
financial   date       conversion     cash settlement voting rights voting 
instrument             period                                       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 controlled % of voting  % of voting       Total of 
controlling     undertaking        rights if it rights through    both if it 
person                             equals or is financial         equals or is 
                                   higher than  instruments if it higher than 
                                   the          equals or is      the 
                                   notifiable   higher than the   notifiable 
                                   threshold    notifiable        threshold 
                                                threshold 
 
M&G Plc         M&G Plc (Parent    5.060943                       5.060943% 
                Company) 
 
M&G Plc         M&G Group          5.060943                       5.060943% 
                Regulated Entity 
                Holding Company 
                Limited (wholly 
                owned subsidiary 
                of M&G Plc) 
 
M&G Plc         M&G Group Limited  5.060943                       5.060943% 
                (wholly owned 
                subsidiary of M&G 
                Group Regulated 
                Entity Holding 
                Company Limited) 
 
M&G Plc         M&G FA Limited     5.060943                       5.060943% 
                (wholly owned 
                subsidiary of M&G 
                Group Limited) 
 
M&G Plc         MandG Investments  5.060943                       5.060943% 
                Southern Africa 
                (Pty) Ltd 
                (majority owned 
                subsidiary of M&G 
                FA Limited) 
 
M&G Plc         MandG Investment   5.060943                       5.060943% 
                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 
 
12. Date of Completion 
 
11-Oct-2022 
 
13. Place Of Completion 
 
London, United Kingdom 
 
 
 
END 
 
 

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October 12, 2022 02:00 ET (06:00 GMT)

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