Business
Results of Annual General Meeting and Salient...
Pan African Resources PLC announced that at its Annual General Meeting on November 20, 2025, all resolutions passed with significant shareholder support, including the approval of the final dividend for the year ended June 30, 2025. The company confirmed a fixed exchange rate of GBP/ZAR:22.59000 for the final dividend, resulting in a payment of 1.63789 pence per share, and an illustrative USD dividend of 2.14568 US cents per share, with a payment date of December 9, 2025. Notably, resolutions 3, 7, 9, 11, 14, 16, and 17 received substantial votes against them, triggering a consultation process with dissenting shareholders. Disclaimer*
About this update from Pan African Resources Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nPan African Resources PLC Pan African Resources Funding Company(Incorporated and registered in England and Wales Limitedunder Companies Act 1985 with registered Incorporated in the Republic of South Africanumber 3937466 on 25 February 2000) with limited liabilityShare code on LSE: PAF Registration number: 2012/021237/06Share code on JSE: PAN Alpha code: PARIISIN: GB0004300496ADR code: PAFRY(“Pan African” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING AND SALIENT DIVIDEND DATES \tRESULTS OF ANNUAL GENERAL MEETINGPan African shareholders (Shareholders) are advised that at the annual general meeting (AGM) of Shareholders held on Thursday, 20 November 2025, all the ordinary and special resolutions other than resolution 17, as set out in the notice of AGM dated 28 October 2025, 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 AGM is 2,333,671,529.All resolutions proposed at the AGM, 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 receive the accounts and the report of the directors of the Company and the auditors’ report thereon\t\t\t\t\t\t\t\t\tShares Voted\t\t\t1,560,996,550\t\t\t66.89%\t\t\t\t\t\t\t\t\tAbstained\t\t\t1,827,234\t\t\t0.08%\t\t\t\t\t\t\t\t\tFor\t\t\t1,560,981,380\t\t\t99.99%\t\t\t\t\t\t\t\t\tAgainst\t\t\t15,170\t\t\t0.01%\t\t\t\t\t\tResolution 2: To approve the payment of a final dividend for the year ended 30 June 2025\t\t\t\t\t\t\t\t\tShares Voted\t\t\t1,562,565,985\t\t\t66.96%\t\t\t\t\t\t\t\t\tAbstained\t\t\t257,799\t\t\t0.01%\t\t\t\t\t\t\t\t\tFor\t\t\t1,562,551,096\t\t\t99.99%\t\t\t\t\t\t\t\t\tAgainst\t\t\t14,889\t\t\t0.01%\t\t\t\t\t\tResolution 3: To re-elect K Spencer as a non-executive director of the Company (Note 1)\t\t\t\t\t\t\t\t\tShares Voted\t\t\t1,501,288,856\t\t\t64.33%\t\t\t\t\t\t\t\t\tAbstained\t\t\t61,534,928\t\t\t2.64%\t\t\t\t\t\t\t\t\tFor\t\t\t1,088,784,793\t\t\t72.52%\t\t\t\t\t\t\t\t\tAgainst\t\t\t412,504,063\t\t\t27.48%\t\t\t\t\t\tResolution 4: To re-elect JAJ Loots as an executive director of the Company \t...