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PAN - Pan African Resources PLC - Holding in company & director`s dealings

Release Date: 31/12/2010 10:00
Code(s): PAN
Wrap Text

PAN - Pan African Resources PLC - Holding in company & director`s dealings Pan African Resources PLC (`Pan African` or the `Company`) Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000 AIM: PAF/JSE: PAN ISIN: GB0004300496 HOLDING IN COMPANY & DIRECTOR`S DEALINGS The Company was notified on 30 December 2010 that Mr R Still had sold 700,000 ordinary shares of 1 pence each in the Company ("Shares") at a price of ZAR1.14 per Share, for a total consideration of ZAR794,172.84. Following this transaction Mr Still has a direct interest in 2,000,000 Shares, representing 0.14% of the issued share capital of the Company and a total indirect, non-beneficial interest in 41,824,408 Shares representing 2.90% of the issued share capital of the Company. Rosebank 31 December 2010 JSE Sponsor MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED For further information on Pan African Resources plc, please visit the website at www.panafricanresources.com Enquiries South Africa UK Pan African RBC Capital Markets Jan Nelson, Chief Executive Officer Martin Eales / Brett Jacobs +27 (0) 11 243 2900 +44 (0) 20 7653 4000 Macquarie First South Advisers (Pty) St James`s Corporate Services Limited Ltd Phil Dexter Melanie de Nysschen / Yvette +44 (0) 20 7499 3916 Labuschagne / Annerie Britz +27 (0) 11 583 2000 Vestor Media & Investor Relations Hansard Communications Louise Brugman Justine James +27 (0) 11 787 3015 +44 (0) 20 7245 1100 +27 (0) 83 504 1186 +44 (0) 7525 324431 Date: 31/12/2010 10:00:02 Supplied by www.sharenet.co.za 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.

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