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PAN AFRICAN RESOURCES PLC - Dealing in securities

Release Date: 30/04/2013 14:30
Code(s): PAN     PDF:  
Wrap Text
Dealing 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”)

DEALING IN SECURITIES




The Company was notified on 29 April 2013 of the following dealing in respect of the Company’s
shares:

Name of individual:                              RG Still
Company of which he is a director:               Pan African Resources PLC
Name of associate of director:                   The Alexandra Trust (“Trust”), of which RG Still is a
                                                 Trustee
Date of transaction:                             29 April 2013
Nature of transaction:                           Sale of shares by the Trust in adjusting its portfolio
                                                 of investments
Number of shares:                                1,700,000
Price per ordinary share:                        ZAR2.22
Value of transaction:                            ZAR3,774,000
Class of shares:                                 Ordinary shares (“Shares”)
Interest of director:                            Indirect non-beneficial
Clearance obtained:                              Yes
On-market or off-market:                         On-market

The Trust’s remaining holding in Pan African after the sale is 13 973 616 Shares, representing 0.77%
of the issued share capital of the Company. Mr Still’ s total direct, beneficial interest in Pan African
remains unchanged at 2,510,000 Shares, representing 0.14% of the issued share capital of the
Company as well as his indirect, non-beneficial interest held through Pangea Exploration
(Proprietary) Limited of 2,251,214 shares, representing 0.12% of the issued share capital.


Johannesburg
30 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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