PAN AFRICAN RESOURCES PLC - Notification of change in Auditor

Notification of change in Auditor

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
(“the Company”)

NOTIFICATION OF CHANGE IN AUDITOR

Shareholders are advised that following the completion of a competitive tender process,
PricewaterhouseCoopers LLP has been appointed as the Company’s external auditor,
effective 7 December 2018, replacing Deloitte and Touche LLP.

The change in audit firm is subject to approval by shareholders of the Company at the
next annual general meeting of the Company. The Company initiated this change as a
result of the adoption of an audit firm rotation process.

Rosebank
19 December 2018

Sponsor
Questco Corporate Advisory (Proprietary) Limited


Contact information

Corporate Office                              Registered Office
The Firs Office Building                      Suite 31, Second Floor
1st Floor, Office 101                         107 Cheapside
Cnr. Cradock and Biermann Avenues             London
Rosebank, Johannesburg                        EC2V 6DN
South Africa                                  United Kingdom
Office: + 27 (0) 11 243 2900                  Office: + 44 (0) 20 7796 8644
Facsimile: + 27 (0) 11 880 1240

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                                   John Prior / Paul Gillam
St James's Corporate Services Limited         Numis Securities Limited
Company Secretary                             Nominated Adviser and Joint Broker
Office: + 44 (0) 20 7796 8644                 Office: +44 (0) 20 7260 1000

Questco Corporate Advisory (Proprietary) Limited
JSE Sponsor
Office: +27 (0) 11 011 9200

Date: 19/12/2018 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.