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Pan African Resources PLC - Rosebank-headquartered gold producer - Says its shareholders have approved the share capital reduction plan. The general meeting to vote on this plan was held on Thursday. The share capital reduction involves the cancellation of the Pan African’s share premium account, and the ‘cancellation and extinguishment’ of certain shares in its capital. Pan African expects the capital reduction to be effective on April 29. It expects the court hearing to confirm the capital reduction on April 28. Stock price in Johannesburg: R 30.33 12-month change: more than doubled Stock price in London: 132.80 pence 12-month change: multiplied Copyright 2026 Alliance News Ltd. All Rights Reserved.
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