PAN AFRICAN RESOURCES PLC - Approval of ZAR5 Billion Domestic Medium Term Note Programme

Approval of ZAR5 Billion Domestic Medium Term Note Programme

Pan African Resources PLC                            Pan African Resources Funding Company
(Incorporated and registered in England and Wales    Limited
under the Companies Act 1985 with registered         Incorporated in the Republic of South Africa
number 3937466 on 25 February 2000)                  with limited liability
Share code on AIM: PAF                               Registration number: 2012/021237/06
Share code on JSE: PAN                               Alpha code: PARI
ISIN: GB0004300496                                   (“PAR Funding Company” or the “Debt
ADR ticker code: PAFRY                               Issuer”)
(“Pan African” or the “Company” or the “Group”)

APPROVAL OF ZAR5 BILLION DOMESTIC MEDIUM TERM NOTE PROGRAMME

PAR Funding Company, as a wholly owned subsidiary of Pan African Resources PLC, is pleased to
announce that the JSE Limited (“JSE”) has granted formal approval, on 6 December 2022, of its
domestic medium term note programme, with a total programme amount of ZAR5 billion, pursuant
to the programme memorandum dated 6 December 2022 (the “Programme Memorandum").

The Programme Memorandum is available for download from the websites of the JSE at
https://www.jse.co.za and the Issuer at
https://www.panafricanresources.com/investors/domestic-medium-term-note-programme/



Rosebank
6 December 2022


JSE Debt Sponsor                                    Legal Advisor
Questco Corporate Advisory Proprietary              Bowman Gilfillan Inc.
Limited                                                              
                 
Paying Agent, Issuer Agent, Transfer Agent and Settlement Agent
First Rand Bank Limited (acting through its Rand Merchant division)




                                                                                                    

Date: 06-12-2022 05:10:00
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