PAN AFRICAN RESOURCES PLC - Directors dealings in securities

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 7 June 2021, LTS Ventures (Pty)
Ltd, an entity associated with Chief Executive Officer Cobus Loots, transferred 3,000,000
ordinary shares of 1p each in Pan African Resources between nominee accounts with no
change in beneficial interest.

Following this transaction, which is detailed in the PDMR Notification Dealing Form below,
Mr Loots has an indirect beneficial interest of 4,717,180 ordinary shares, representing
0.2111% of the Company's issued share capital and a direct beneficial interest of 1,571,747
ordinary shares, representing 0.0703% of the Company's issued share capital and 114,280
open CFDs.

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:                              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:        Transfer of shares between
                                                             nominee accounts with no
                                                             change in beneficial interest.



 c)                        Price(s) and volume(s):           Price: Not applicable
                                                             Volume:    3,000,000       ordinary
                                                             shares



 d)                        Aggregated information:           Not applicable – single
                                                             transaction


 e)                        Dates of the transactions:        7 June 2021

 f)                        Place of the transaction:         Outside of a trading venue




Johannesburg

8 June 2021

Sponsor: Questco Corporate Advisory Proprietary Limited

Date: 08-06-2021 07:57:00
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