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PAN AFRICAN RESOURCES PLC - Issue Of Shares: Exercise Of Options

Release Date: 02/09/2013 15:00
Code(s): PAN     PDF:  
Wrap Text
Issue Of Shares: Exercise Of Options

Pan African Resources PLC
("Pan African" or the “Group” or the "Company")
(Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496

ISSUE OF SHARES: EXERCISE OF OPTIONS

Pan African announces that the following issue of Pan African ordinary shares of 1p each (“Shares”) has
been made following the exercise of share options granted in 2007 under the Company’s share option
plan:
     - 3,000,000 Shares at a price of R0.83 per Share, for a total consideration of R2,490,000.00

Application will be made to the AIM market of the London Stock Exchange (“AIM”) and to the Main Board
of JSE Limited (“JSE”) for 3,000,000 Shares to be admitted to trading on AIM and for listing on the JSE,
with admission to trading and listing on both markets expected to occur on Monday, 9 September 2013.

Following the above issue, the total issued share capital of the Company comprises 1,825,834,263 Shares.

2 September 2013

Sponsor
One Capital

Enquiries

South Africa                                          UK

Pan African                                           Canaccord Genuity Limited – Nomad and Joint Broker

Ron Holding or Cobus Loots, Joint Interim CEO’s       Andrew Chubb/ Peter Stewart/ Joe Weaving

+27 (0) 11 243 2900                                   +44 (0) 20 7523 8350



One Capital - Sponsor                                 finnCap Limited – Joint Broker

Sholto Simpson                                        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 7796 8647



                                                      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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