Results of General Meeting

Pan African Resources PLC         Pan African Resources Funding Company

(Incorporated and registered in England and Wales   Limited

under Companies Act 1985 with registered     Incorporated in the Republic of South Africa

number 3937466 on 25 February 2000)       with limited liability

Share code on AIM: PAF           Registration number: 2012/021237/06

Share code on JSE: PAN           Alpha code: PARI

ISIN: GB0004300496

ADR code: PAFRY

(“Pan African” or “the Company” or “the Group”)

 

RESULTS OF GENERAL MEETING

 

1. RESULTS OF GENERAL MEETING

Pan African shareholders ( Shareholders ) are advised that at the general meeting ( GM ) of Shareholders held on Monday, 10 June 2024, the special resolution, as set out in the notice of GM dated 24 May 2024, was approved by the requisite majority of Shareholders present or represented by proxy.

The total number of Pan African ordinary shares ( Shares ) eligible to vote at the GM is 1,507,194,407 (being the entire issued share capital of the Company less the 14,488,695 Shares in which the directors of the Company are interested and a total of 701,178,944 Shares held by “substantial shareholders” (as defined in the AIM Rules for Companies))( Eligible Shares ).

The resolution proposed at the GM, together with the percentage of shares abstained, as well as the percentage of votes carried for and against, was as follows:

Resolution 1 : To approve the cancellation of the Company’s share premium account and associated matters.

Shares Voted 1,225,061,675 81.28%

Abstained 9,127,743 0.61%

For 1,224,973,635 99.99%

Against 88,040 0.01%

Notes

• Percentages of shares voted are calculated in relation to the Eligible Shares.
• Percentages of shares voted for and against each resolution are calculated in relation to the total number of shares voted in respect of each resolution.
• Abstentions are calculated as a percentage in relation to the Eligible Shares.

 

Johannesburg

10 June 2024

 

 

Corporate information
Corporate office The Firs Building 2nd Floor, Office 204 Cnr. Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0)11 243 2900 [email protected]	Registered office 2 nd Floor 107 Cheapside London EC2V 6DN United Kingdom Office: + 44 (0)20 7796 8644 [email protected]
Chief executive officer   Cobus Loots           Office: + 27 (0)11 243 2900	Financial director   and debt officer Deon Louw           Office: + 27 (0)11 243 2900
Head: Investor relations Hethen Hira Tel: + 27 (0)11 243 2900 E-mail: [email protected]	Website: www.panafricanresources.com
Company secretary Jane Kirton St James's Corporate Services Limited Office: + 44 (0)20 7796 8644	Nominated adviser and joint broker Ross Allister/Georgia Langoulant Peel Hunt LLP Office: +44 (0)20 7418 8900
JSE Sponsor and JSE debt sponsor Ciska Kloppers Questco Corporate Advisory Proprietary Limited Office: + 27 (0) 11 011 9200	Joint broker Thomas Rider/Nick Macann BMO Capital Markets Limited Office: +44 (0)20 7236 1010
	Joint broker Matthew Armitt/Jennifer Lee Joh. Berenberg, Gossler & Co KG Office: +44 (0)20 3207 7800