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LONDON - Pan African Resources PLC announced Tuesday its intention to move from London’s AIM market to the Main Market of the London Stock Exchange, with the transition expected to occur in late October 2025.
The gold mining company’s ordinary shares will be admitted to the Equity Shares (Commercial Companies) category of the Official List maintained by the Financial Conduct Authority and to trading on the London Stock Exchange’s main market for listed securities.
The planned admission remains subject to regulatory approval of a company prospectus by the FCA. According to the announcement, the transition will not occur before October 22, 2025, following the required 20-business-day notice period for cancellation of trading on AIM.
Pan African Resources confirmed that shareholder approval is not required for the admission process. The company will maintain its dual primary listing structure, with its shares continuing to trade on the main board of the Johannesburg Stock Exchange (JSE) alongside the new London Main Market listing.
Peel Hunt LLP and Joh. Berenberg, Gossler & Co. KG are acting as joint sponsors to the company in connection with the admission.
Pan African Resources is a gold mining company with operations in South Africa. The announcement was made through a press release statement from the company’s Rosebank office.
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