Wrap Text
Results of General Meeting and Salient Dates
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 LSE: 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 AND SALIENT DATES
Pan African shareholders (Shareholders) are referred to the announcement published on
17 February 2026 and the notice of general meeting and circular to Shareholders, dated
17 February 2026, relating to the proposed share capital reduction involving the cancellation of the
Company's share premium account and the cancellation and extinguishment of certain shares in the
Company's capital (Capital Reduction) and the proposed amendment to the Company's Articles of
Association. Expressions used in this announcement shall have the same meaning as in the
announcement published on 17 February 2026.
1. Results of General Meeting
Shareholders are advised that at the general meeting of Shareholders (General Meeting) held on
Thursday, 26 March 2026, all the special resolutions, as set out in the notice of General Meeting dated
17 February 2026, were 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 General Meeting is
2,333,671,529.
All resolutions proposed at the General Meeting, together with the percentage of shares abstained, as
well as the percentage of votes carried for and against each resolution, are as follows:
Resolution 1: To approve the appropriation of profits as at 31 July 2024 to the payment of the 2024
final dividend
Shares Voted Abstained For Against
1,468,683,523 189,994 1,468,660,030 23,493
62.93% 0.01% 99.99% 0.01%
Resolution 2: To cancel the Company's share premium account and to cancel and extinguish Shares
bought back by the Company in July 2025
Shares Voted Abstained For Against
1,468,557,711 315,806 1,468,524,279 33,342
62.93% 0.01% 99.99% 0.01%
Resolution 3: To implement other aspects of the share Capital Reduction
Shares Voted Abstained For Against
1,468,572,854 300,663 1,468,260,620 312,234
62.93% 0.01% 99.98% 0.02%
Resolution 4: To amend the Company's Articles of Association
Shares Voted Abstained For Against
1,468,517,621 355,896 1,467,468,182 1,049,439
62.93% 0.02% 99.93% 0.07%
Notes
• Percentages of Shares voted are calculated in relation to the total issued ordinary share capital of
Pan African.
• 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 total issued ordinary share capital of
Pan African.
2. Salient dates relevant to the Capital Reduction
Expected date of initial directions hearing of the Court Wednesday, 15 April 2026
Expected date of Court Hearing to confirm the Capital Reduction Tuesday, 28 April 2026
Expected effective date for the Capital Reduction Wednesday, 29 April 2026
Note
1. The expected dates for the confirmation of the Capital Reduction by the Court and the Capital
Reduction becoming effective are based on provisional dates that have been obtained for the
required Court hearings of the Company's application. These provisional hearing dates are subject
to change and dependent on the Court's timetable.
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Rosebank
26 March 2026
Corporate information
Corporate Office Registered Office
The Firs Building 107 Cheapside, 2nd Floor
2nd Floor, Office 204 London, EC2V 6DN
Corner Cradock and Biermann Avenues United Kingdom
Rosebank, Johannesburg Office: + 44 (0)20 3869 0706
South Africa jane.kirton@corpserv.co.uk
Office: + 27 (0)11 243 2900
info@paf.co.za
Chief Executive Officer Financial Director and debt officer
Cobus Loots Marileen Kok
Office: + 27 (0)11 243 2900 Office: + 27 (0)11 243 2900
Head: Investor Relations Website: www.panafricanresources.com
Hethen Hira
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za
Company Secretary Joint Broker
Jane Kirton Ross Allister/Georgia Langoulant
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0)20 3869 0706 Office: +44 (0)20 7418 8900
JSE Sponsor & JSE Debt Sponsor Joint Broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary BMO Capital Markets Limited
Limited Office: +44 (0)20 7236 1010
Office: + 27 (0) 63 482 3802
Joint Broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG
(Berenberg)
Office: +44 (0)20 3207 7800
Date: 26-03-2026 03:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
