PAN AFRICAN RESOURCES PLC - Withdrawal of cautionary announcement

Withdrawal of cautionary announcement

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”)


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the announcement, released on SENS on 29 January 2018, wherein
Shareholders were advised that the Company had entered into exclusive negotiations with the joint
administrators of ASA Resource Group Plc (“ASA”) in relation to acquiring certain of the assets and
liabilities of ASA (“the Acquisition”).

Shareholders are hereby notified that discussions between the Company and ASA relating to the
Acquisition have been terminated and, accordingly, shareholders are no longer required to exercise
caution when dealing in Pan African shares.

Johannesburg

7 February 2018

Contact information
Corporate Office                                           Registered Office
The Firs Office Building                                   Suite 31
1st Floor, Office 101                                      Second Floor
Cnr. Cradock and Biermann Avenues                          107 Cheapside
Rosebank, Johannesburg                                     London
South Africa                                               EC2V 6DN
Office: + 27 (0) 11 243 2900                               United Kingdom
Facsimile: + 27 (0) 11 880 1240                            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, Joint Broker
Office: + 44 (0) 207 796 8644                              Office: +44 (0) 20 7260 1000

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

Jeffrey Couch/Neil Haycock/Thomas Rider                    Bobby Morse/Chris Judd
BMO Capital Markets Limited                                Buchanan Communications
Joint Broker                                               Public & Investor Relations UK
Office: +44 (0) 207 236 1010                               Office: + 44 (0) 207 466 5000

Julian Gwillim                                             Gareth Driver/Huneiza Goolam
Aprio Strategic Communications                             Webber Wentzel
Public & Investor Relations SA                             Legal Advisers
Office: +27 (0)11 880 0037                                 Office: +27 (0) 11 530 5000

Questco Proprietary Limited
JSE Transaction Sponsor
Office: +27 (0) 11 011 9200


www.panafricanresources.com

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