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PAN AFRICAN RESOURCES PLC - Director's dealings in securities

Release Date: 04/10/2016 08:00
Code(s): PAN     PDF:  
Wrap Text
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
("Pan African" or the “Company”)

DIRECTOR’S DEALINGS IN SECURITIES


DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

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:                                                  Not applicable

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 instrument, type of      Ordinary shares of 1p each
         instrument:

                                                               Identification code: GB0004300496

b)       Nature of the transaction:                            Acquisition of ordinary shares

c)       Price(s) and volume(s):
         29 September 2016
                                                                Price(s)              Volume(s)

                                                                ZAR3.59               491


         30 September 2016
                                                                Price(s)              Volume(s)

                                                                ZAR3.70               25,000


         3 October 2016
                                                                Price(s)              Volume(s)
                                                                ZAR3.78               25,000




d)       Aggregated information:

                                                                  Total               Volume(s)

                                                                  ZAR188 762.69       50,491




e)       Date of the transaction:                                 29 September 2016 – 3 October
                                                                  2016

f)       Place of the transaction:                                Johannesburg Stock Exchange



Additional information disclosed in accordance with the JSE Listings Requirements:

a)     Nature of interest of executive:                          Beneficial

b)     On-market or off-market:                                  On-market

c)     Clearance given in terms of paragraph 3.66 of the JSE     Yes
       Listings Requirements:

d)     Holding following transactions:                           530,675



Johannesburg

4 October 2016


CONTACT INFORMATION

Corporate Office
The Firs Office Building
1st Floor, Office 101
Cnr. Cradock and Biermann Avenues
Rosebank, Johannesburg
South Africa
Office: + 27 (0) 11 243 2900
Facsimile: + 27 (0) 11 880 1240

Registered Office
Suite 31
Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Office: + 44 (0) 207 796 8644
Facsimile: + 44 (0) 207 796 8645

Cobus Loots                             Deon Louw
Pan African Resources PLC               Pan African Resources PLC
Chief Executive Officer                 Financial Director
Office: + 27 (0) 11 243 2900            Office: + 27 (0) 11 243 2900

Phil Dexter                             John Prior / Paul Gillam
St James's Corporate Services Limited   Numis Securities Limited
Company Secretary                       Nominated Adviser and Joint Broker
Office: + 44 (0) 207 796 8644           Office: +44 (0) 20 7260 1000

Sholto Simpson                          Matthew Armitt / Ross Allister
One Capital                             Peel Hunt LLP
JSE Sponsor                             Joint Broker
Office: + 27 (0) 11 550 5009            Office: +44 (0) 207 418 8900

Julian Gwillim                          Daniel Thöle
Aprio Strategic Communications          Bell Pottinger PR
Public & Investor Relations SA          Public & Investor Relations UK
Office: +27 (0)11 880 0037              Office: + 44 (0) 203 772 2500

Jeffrey Couch/Neil Haycock/Thomas Rider
BMO Capital Markets Limited
Joint Broker
Office: +44 (0) 207 236 1010

www.panafricanresources.com

Date: 04/10/2016 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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