Business
Correction : Holding(s) in Company
Correction : Holding(s) in Company.
About this update from Pan African Resources Plc
[{"type":"text","content":"\n \nPlease note that the announcement released yesterday, 7 December 2010 contained\nincorrect figures in the final paragraph. The final paragraph should have read:-\n\nFollowing this transaction Mr Still has a direct interest in 4,000,000 Shares,\nrepresenting 0.28% of the issued share capital of the Company and a total\nindirect, non-beneficial interest in 42,570,851 Shares representing 2.95% of\nthe issued share capital of the Company.\nA corrected announcement follows.\n\n\n\n7 December 2010\n\n Pan African Resources PLC \n\n (`Pan African' or the `Company') \n\nIncorporated and registered in England and Wales under Companies Act 1985 with \n\n registered number 3937466 on 25 February 2000 \n\n AIM: PAF/JSE: PAN \n\n ISIN: GB0004300496 \n\nHOLDING IN COMPANY & DIRECTOR'S DEALINGS\n\nThe Company was notified on 6 December 2010 that Mrs J Yates had sold 661,289\nordinary shares of 1 pence each in the Company (\"Shares\") at an average price\nof ZAR1.10 per Share, for a total consideration of ZAR725,547.68.\n\nMr Robert Still, a non-executive director of the Company, is an immediate\nfamily member of Mrs J Yates. Mr Still is therefore deemed to have an\nindirect, non-beneficial interest in Mrs Yates's holding in the Company. \n\nFollowing this transaction Mr Still has a direct interest in 4,000,000 Shares,\nrepresenting 0.28% of the issued share capital of the Company and a total\nindirect, non-beneficial interest in 42,570,851 Shares representing 2.95% of\nthe issued share capital of the Company.\n\nEnquiries\n\nSouth Africa UK \n \nPan African RBC Capital Markets \n \nJan Nelson, Chief Executive Officer Martin Eales / Brett Jacobs \n \n+27 (0) 11 243 2900 +44 (0) 20 7653 4000 \n \nMacquarie First South Advisers (Pty) Ltd St James's Corporate Services \n Limited \nMelanie de Nysschen / Yvette Labuschagne / \nAnnerie Britz Phil Dexter \n \n+27 (0) 11 583 2000 +44 (0) 20 7499 3916 \n \nVestor Media & Investor Relations Hansard Communications \n \nLouise Brugman Justine James \n \n+27 (0) 11 787 3015 +44 (0) 20 7245 1100 / +44 (0) \n 7525 324431\n ","length":3382,"tagName":"div"}]