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PAN AFRICAN RESOURCES PLC - Dealings in securities

Release Date: 16/04/2013 12:40
Code(s): PAN     PDF:  
Wrap Text
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
("Pan African" or “the Company”)


DEALINGS IN SECURITIES


The Company was notified today, of the following dealings in respect of the Company’s shares:

Name of individual:                              RA Holding * (Chief Operating Officer and Joint
                                                 Interim Chief Executive Officer)
Company of which he is a director:               Director of Barberton Mines Pty Ltd, Emerald
                                                 Panther Investments 91 Pty Ltd, Evander Gold Mines
                                                 Ltd and Firefly Investments 251 Pty Ltd
Date of transaction:                             15 April 2013
Nature of transaction:                           Purchase of shares
Number of shares:                                100,000
Price per ordinary share:                        ZAR1.92 (VWAP); ZAR1.90 (lowest); ZAR1.95
                                                 (highest)
Value of transaction:                            ZAR192,490
Class of shares:                                 Ordinary Shares
Interest of director:                            Direct beneficial
Clearance obtained:                              Yes
On-market or off-market:                         On-market

Following this on-market transaction, Mr RA Holding has a direct beneficial interest in 852,500
Ordinary Shares, representing 0.046% of the issued share capital of the Company.

* For the avoidance of doubt, RA Holding is not a director of Pan African.

Johannesburg
16 April 2013

JSE Sponsor
One Capital
PAN AFRICAN ENQUIRIES




South Africa                                      UK




Pan African Resources                             Canaccord Genuity Limited – Nomad and Joint Broker

Mr Cobus Loots                                    Andrew Chubb / Peter Stewart / Joe Weaving

Non-executive director and Joint Interim Chief +44 (0) 20 7523 8350
Executive Officer

+27 (0) 11 305 8900

Mr Ron Holding

Chief Operating Officer and Joint Interim Chief
Executive Officer

+27 (0) 11 243 2900




One Capital                                       finnCap Limited – Joint Broker

Sholto Simpson / Megan Young                      Elizabeth Johnson / Joanna Weaving

+27 (0) 11 550 5000                               +44 (0) 20 7220 0500




Vestor Investor Relations                         St James’s Corporate Services Limited

Louise Brugman                                    Phil Dexter

+27 (0) 11 787 3015                               +44 (0) 20 7499 3916

+27 83 504 1186

                                                  Gable Communications

                                                  Justine James

                                                  +44 (0) 20 7193 7463 / +44 (0) 7525 324431

For further information on Pan African, please visit the website at www.panafricanresources.com

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