Pan African Resources Plc - Holding(s) in Company
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to theFCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares toPAN AFRICAN RESOURCES PLC which voting rights are attachedii: 1b. Please indicate if the issuer is a non-UK issuer(please mark with an “X” if appropriate) Non-UK issuer 2. Reason for the notification(please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify)iii: 3. Details of person subject to the notification obligationiv Name Van Eck Associates Corporation City and country of registered office New York, NY USA (if applicable) 4. Full name of shareholder(s) (if different from 3.)v ESB Pension Fund GDX VanEck Gold Miners ETF VanEck Gold Miners ETF (AU) Name VanEck Gold Miners UCITS ETF VanEck Junior Gold Miners ETF VanEck Junior Gold Miners UCITS ETF City and country of registered office (if applicable) 5. Date on which the threshold was 27/06/2025 crossed or reachedvi: 6. Date on which issuer notified 30/06/2025 (DD/MM/YYYY): 7. Total positions of person(s) subject to the notification obligation Tot al num ber of vot ing % of voting rights rig % of voting rights through financial hts attached to shares instruments Total of both in % hel (total of 8. A) (total of 8.B 1 + (8.A + 8.B) d 8.B 2) in iss uer (8. A + 8.B ) vii Resulting situation 121 on the date on 5.9998% 5.9998% ,75 which threshold was 5,2 crossed or reached 85 Position of previous notification (if 6.799% 6.799% applicable)
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type Number of voting rightsix % of voting rights
of
shares Indirect Direct Indirect
Direct
ISIN code (Art 10 of (Art 9 of (Art 10 of
(if (Art 9 of Directive Directive Directive Directive
possible) 2004/109/EC) (DTR5.1) 2004/109/EC) 2004/109/EC) 2004/109/EC)
(DTR5.2.1) (DTR5.1) (DTR5.2.1)
Common
Stock 121,755,285 5.9998%
GB0004300496
SUBTOTAL 8. 121,755,285 5.9998%
A
B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
Number of voting rights that
Type of Expiration Exercise/ may be acquired if the % of voting
financial datex Conversion instrument is rights
instrument Periodxi
exercised/converted.
SUBTOTAL 8.
B 1
B 2: Financial Instruments with similar economic effect according to Art. 13
(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of Exercise/ Physical or
financial Expiration Conversion cash Number of voting % of voting
instrument datex Periodxi rights rights
settlementxii
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate X
controlling natural person or legal entityxiv (please add additional rows as
necessary)
Tot
al
of
bot
h
if
it
equ
als
% of voting rights through or
% of voting rights if it financial instruments if is
Namexv equals or is higher than it equals or is higher hig
the notifiable threshold than the notifiable her
threshold tha
n
the
not
ifi
abl
e
thr
esh
old
ESB Pension Fund GDX 0.029% 0.0
29%
VanEck Gold Miners ETF 3.049% 3.0
49%
VanEck Gold Miners ETF 0.105% 0.1
(AU) 05%
VanEck Gold Miners UCITS 0.350% 0.3
ETF 50%
VanEck Junior Gold Miners 2.177% 2.1
ETF 77%
VanEck Junior Gold Miners 0.291% 0.2
UCITS ETF 91%
10.In case of proxy voting, please identify:
Name of the proxy holder Glass Lewis
The number and % of voting rights held 121,755,285 shares and
5.9998% voting rights
The date until which the voting rights will be Open
held
11. Additional informationxvi
__________________________________ |Place of completion|Tampa, FL. USA| |___________________|______________| |Date of completion |30 June 2025 | |___________________|______________|
