PAN AFRICAN RESOURCES PLC - Change of Nominated Adviser and Broker

Change of Nominated Adviser and Broker

   Pan African Resources PLC
   (Incorporated and registered in England and Wales under Companies Act 1985 with registered number
   3937466 on 25 February 2000)
   Share code on AIM: PAF
   Share code on JSE: PAN
   ISIN: GB0004300496
   ADR ticker code: PAFRY
   (Pan African or the Company or the Group)


   CHANGE OF NOMINATED ADVISER AND BROKER

   Pan African is pleased to announce the appointment of Peel Hunt LLP as Nominated Adviser with
   immediate effect. Prior to their appointment as Nominated Adviser, Peel Hunt was joint corporate
   broker to the Company and will remain so going forward.



   Rosebank

   1 September 2020

   For further information on Pan African, please visit the Company's website at

   www.panafricanresources.com



Contact information

Corporate Office                                      Registered Office

The Firs Office Building                              Suite 31

2nd Floor, Office 204                                 Second Floor

Cnr. Cradock and Biermann Avenues                     107 Cheapside

Rosebank, Johannesburg                                London

South Africa                                          EC2V 6DN

Office: + 27 (0)11 243 2900                           United Kingdom

info@paf.co.za                                        Office: + 44 (0)20 7796 8644

Cobus Loots                                           Deon Louw

Pan African Resources PLC                             Pan African Resources PLC

Chief Executive Officer                               Financial Director

Office: + 27 (0)11 243 2900                           Office: + 27 (0)11 243 2900
Phil Dexter/Jane Kirton                          Hethen Hira

St James's Corporate Services Limited            Pan African Resources PLC

Company Secretary                                Head : Investor Relations
Office: + 44 (0)20 7796 8644                     Tel: + 27 (0)11 243 2900
                                                 E-mail: hhira@paf.co.za

Ciska Kloppers                                   Ross Allister/David McKeown

Questco Corporate Advisory Proprietary Limited   Peel Hunt LLP

JSE Sponsor                                      Nominated Adviser and Joint Broker

Office: + 27 (0)11 011 9200                      Office: +44 (0)20 7418 8900

Thomas Rider/Neil Elliot

BMO Capital Markets Limited

Joint Broker

Office: +44 (0)20 7236 1010

Website: www.panafricanresources.com

Date: 01-09-2020 08:00:00
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