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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, Figit (Pty) Ltd, an
entity associated with Finance Director Deon Louw, bought 198,734 ordinary shares of 1p
each in Pan African Resources and on 9 June 2021 Mr Deon Louw sold 150,000 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 Louw has an indirect beneficial interest of 3,122,349 ordinary shares, representing
0.1397% of the Company's issued share capital and a direct beneficial interest of 538,112
ordinary shares, representing 0.0241% of the Company's issued share capital.
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: 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:
Disposal of ordinary shares for his
personal account
c) Price(s) and volume(s): Trade 1:
198,734 ordinary shares
at ZA 392.53 cents per share
Trade 2:
150,000 ordinary shares
at ZA 380.72 cents per share
d) Aggregated information: Trade 1:
ZAR 780,090.57
Trade 2:
ZAR 571,080.00
e) Dates of the transaction: Trade 1:
8 June 2021
Trade 2:
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
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 3,122,349
ordinary shares,
Direct beneficial 538,112 ordinary
shares
Johannesburg
10 June 2021
Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 10-06-2021 03:37:00
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