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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 30 and 31 March 2021, Figit (Pty)
Ltd, an entity associated with Finance Director Deon Louw, bought 814,800 ordinary shares
of 1p each in Pan African Resources.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below,
Mr Louw has an indirect beneficial interest of 2,923,615 ordinary shares, representing
0.1308% of the Company's issued share capital and a direct beneficial interest of 688,112
ordinary shares, representing 0.0308% of the Company's issued share capital.
The below information and notification is made in accordance with the EU Market Abuse
Regulation.
1. Details of the person discharging managerial
responsibilities/person closely associated
a) Name: Deon Louw
2. Reason for the notification
a) Position/status: Finance Director
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 instrument, type of Ordinary shares of 1p each
instrument:
Identification code: GB0004300496
b) Nature of the transaction: Trade 1:
Acquisition of ordinary shares by
an associate of Deon Louw,
namely Figit (Pty) Ltd, of which he
is the sole director
Trade 2:
Acquisition of ordinary shares by
an associate of Deon Louw,
namely Figit (Pty) Ltd, of which he
is the sole director
c) Price(s) and volume(s): Trade 1:
407,430 ordinary shares
VWAP ZA 316.49 cents per share
Low ZA 313.00 cents per share
High ZA 320.00 cents per share
Trade 2:
407,370 ordinary shares
VWAP ZA 316.64 cents per share
Low ZA 314.00 cents per share
High ZA 318.00 cents per share
d) Aggregated information: Trade 1:
ZAR 1,289,475.21
Trade 2:
ZAR 1,289,896.37
e) Dates of the transaction: Trade 1:
30 March 2021
Trade 2:
31 March 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:
Indirect 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 2,923,615
ordinary shares,
Direct beneficial 688,112 ordinary
shares
Johannesburg
1 April 2021
Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 01-04-2021 12:06:00
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