Business
Implementation of the Emmerson Scheme
Pan African Resources PLC has completed the implementation of the Emmerson Resources Limited acquisition scheme, issuing 102,641,421 new Pan African shares in the form of ASX-listed CDIs to eligible Emmerson shareholders and the sale agent. This significant share issuance marks the final step in Pan African's acquisition of all issued share capital of Emmerson Resources Limited. Disclaimer*
About this update from Pan African Resources Plc
Pan African Resources PLC (Incorporated and registered in England and Wales under the Companies Act 1985 with registered number 3937466 on 25 February 2000) Share code on LSE: PAF Share code on JSE: PAN Share code on ASX: PAF ISIN: GB0004300496 ADR ticker code: PAFRY (`Pan African' or `PAF' or the `Company') Pan African Resources Funding Company Limited Incorporated in the Republic of South Africa with limited liability Registration number: 2012/021237/06 Alpha code: PARI IMPLEMENTATION OF THE EMMERSON SCHEME Pan African Resources PLC (ARBN 696 435 917) (Pan African or PAF or the Company) (ASX: PAF; LSE: PAF; JSE: PAN) provides the following update in respect of the scheme of arrangement under Part 5.1 of the Corporations Act 2001 (Cth) (Scheme), under which Pan African (through its wholly-owned subsidiary Tennant Consolidated Mining Group Pty Ltd) acquired all of the issued share capital of Emmerson Resources Limited (Emmerson). Further to its announcement published on 26 June 2026, the Company confirms that it has issued 102,641,421 new PAF shares (in the form of ASX-listed PAF CHESS Depositary Interests (CDIs)) to eligible Emmerson shareholders (or their nominees) and the sale agent for the Scheme. For further details regarding the sale agent and the sale facility, please refer to section 3.8 of the Emmerson Scheme Booklet, dated 8 May 2026, which is available on the ASX platform and can be accessed under Pan African's profile using the "PAF" share code through the following link https://www.asx.com.au/markets/trade-our-cash-market/historical-announcements . Johannesburg 1 July 2026 For further information on Pan African, please visit the Company's website at www.panafricanresources.com Corporate information Corporate office The Firs Building 2nd Floor, Office 204 Corner Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0)11 243 2900 [email protected] Registered office 107 Cheapside, 2 nd Floor London, EC2V 6DN United Kingdom Office: + 44 (0)20 3869 0706 [email protected] Chief executive Officer Cobus Loots Office: + 27 (0)11 243 2900 ...
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