Implementation of the Emmerson Scheme
Pan African Pan African Resources FundingResources PLC Company Limited (Incorporated Incorporated in the Republic ofand South Africa with limitedregistered in liabilityEngland andWales under Registration number:the Companies 2012/021237/06Act 1985 withregistered Alpha code: PARInumber3937466 on 25 February2000) Share code onLSE: PAF Share code onJSE: PAN Share code onASX: PAF ISIN:GB0004300496 ADR tickercode: PAFRY (‘PanAfrican’ or‘PAF’ or the‘Company’) IMPLEMENTATION OF THE EMMERSON SCHEME