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Pan African Resources Announces Change in Major Shareholder Holdings
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Pan African Resources Announces Change in Major Shareholder Holdings

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Pan African Resources ( (GB:PAF) ) has provided an update.

Pan African Resources PLC has announced a change in major holdings, as Allan Gray Proprietary Limited has crossed a notification threshold with a decrease in its voting rights from 16.96% to 15.28% as of December 11, 2024. This adjustment in voting rights indicates a shift in the ownership dynamics of Pan African Resources, potentially impacting stakeholder interests and the company’s strategic decisions moving forward.

More about Pan African Resources

Pan African Resources PLC is a UK-based company operating in the mining industry, primarily focused on gold production. The company has a market presence in Africa, with operations aimed at optimizing and expanding its mining activities.

YTD Price Performance: 134.00%

Average Trading Volume: 4,089,340

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £661.6M

For a thorough assessment of PAF stock, go to TipRanks’ Stock Analysis page.

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