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Director’s dealings in securities
Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)
AIM Code: PAF
JSE Code: PAN
ISIN: GB0004300496
ADR ticker code: PAFRY
(Pan African Resources or the Company)
DIRECTOR’S DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR
CLOSELY ASSOCIATED PERSONS
The Company announces it has received notification that on 8 June 2021, LTS Ventures (Pty)
Ltd, an entity associated with Chief Executive Officer Cobus Loots, bought 331,324 ordinary
shares of 1p each in Pan African Resources and on 8 and 9 June 2021 Mr Cobus Loots
disposed of a total of 197,765 ordinary shares of 1p each in Pan African Resources for his
personal account.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below,
Mr Loots has an indirect beneficial interest of 5,048,504 ordinary shares, representing
0.2259% of the Company's issued share capital and a direct beneficial interest of 1,373,982
ordinary shares, representing 0.0615% of the Company's issued share capital and 114,280
open CFDs.
The below information and notification are made in accordance with the EU Market Abuse
Regulation.
1. Details of the person
discharging managerial
responsibilities/person closely
associated
a) Name: Cobus Loots
2. Reason for the notification
a) Position/status: Chief Executive Officer
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission
allowance market participant,
auction platform, auctioneer or
auction monitor
a) Company name: Pan African Resources PLC
b) LEI: 213800EAXURCXMX6RL85
4. Details of the transaction(s):
section to be repeated for (i)
each type of instrument; (ii)
each type of transaction; (iii)
each date; and (iv) each place
where transactions have been
conducted
a) Description of the financial Ordinary shares of 1p each
instrument, type of instrument:
Identification code:
GB0004300496
b) Nature of the transaction: Trade 1:
Acquisition of ordinary shares
by an associate of Cobus
Loots, namely LTS Ventures
(Pty) Ltd, of which he is the
sole director
Trade 2:
Disposal of ordinary shares in
his personal capacity
Trade 3:
Disposal of ordinary shares in
his personal capacity
c) Price(s) and volume(s): Trade 1:
331,324 ordinary shares at ZA
392.53 cents per share
Trade 2:
23,512 ordinary shares at ZAR
393.00 cents per share
Trade 3:
174,253 ordinary shares
VWAP ZA 380,97 cents per
share
Low ZA 380.00 cents per share
High ZA 387.00 cents per share
d) Aggregated information: Trade 1:
ZAR 1,300,546.1 for ordinary
shares
Trade 2:
ZAR 92,402.16 for ordinary
shares
Trade 3:
ZAR 663,859.11 for ordinary
shares
e) Dates of the transactions: Trade 1:
8 June 2021
Trade 2:
8 June 2021
Trade 3:
9 June 2021
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings Requirements:
a) Nature of interest of executive: Trade 1:
Indirect beneficial
Trade 2:
Direct beneficial
Trade 3:
Direct beneficial
b) On-market or off-market: On-market
c) Clearance given in terms of paragraph 3.66 of the Yes
JSE Listings Requirements:
d) Holding following transactions: Indirect beneficial 5,048,504
ordinary shares
Direct beneficial 1,373,982
ordinary shares
114,280 open CFDs
Johannesburg
10 June 2021
Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 10-06-2021 03:34:00
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