Pan African Resources: Public Investment Corp's stake rises

Public Investment Corporation SOC Limited now holds 13.884% of voting rights in Pan African Resources PLC, up from a previously notified 12.393%. The notification, dated March 25, 2025, indicates that PIC directly controls 281,750,952 voting rights attached to shares of Pan African Resources. The threshold was crossed on March 24, 2025. The PIC, based in Pretoria, South Africa, is not controlled by any single entity. The full chain of controlled undertakings through which voting rights are held remains under the Public Investment Corporation SOC Limited, as of March 25, 2025.