Pan African Resources Announces Major Shareholding Change
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types, such as contract news, order news, trading update, financing, funding, annual results, asset sale/disposal, flow testing, licence news, or delisting. As a result, the sentiment is assessed as neutral.
Key Points
- Allan Gray Proprietary Limited has increased its stake in Pan African Resources PLC to 13.816600% of the total voting rights
- The shareholding change was reported to the company on 15-Apr-2025
Summary
The major South African gold producer has announced a change in its shareholder structure, with Allan Gray Proprietary Limited increasing its stake in the company.
Pan African Resources PLC has announced that Allan Gray Proprietary Limited, an investment management firm based in South Africa, has increased its shareholding in the company to 13.816600% of the total voting rights. This change in shareholding was reported to the company on 15-Apr-2025.
DIRECTOR DEALINGS