Wrap Text
Director’s dealings in securities: C Loots
Pan African Resources PLC Pan African Resources Funding Company
(Incorporated and registered in England and Wales Limited
under the Companies Act 1985 with registered Incorporated in the Republic of South
number 3937466 on 25 February 2000) Africa with limited liability
Share code on AIM: PAF Registration number: 2012/021237/06
Share code on JSE: PAN Alpha code: PARI
ISIN: GB0004300496
ADR ticker code: PAFRY
("Pan African Resources" or the "Company")
DIRECTOR'S DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR
CLOSELY ASSOCIATED PERSONS
The Company announces it has received notification that on 27 October 2023, LTS Ventures (Pty)
Ltd, an entity associated with Chief Executive Officer, Cobus Loots, bought 136,000 ordinary shares
of 1p each in Pan African Resources.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Loots
has an indirect beneficial interest of 5,184,504 ordinary shares, representing 0.2332% of the
Company's issued share capital and a direct beneficial interest of 1,873,982 ordinary shares,
representing 0.0843% of the Company's issued share capital and 314,280 open contracts for
differences (CFDs).
The below information and notification are made in accordance with the EU Market Abuse
Regulation and the JSE Listings Requirements.
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: 213800EAXURCXMX6RL85
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 Ordinary shares of 1p each
instrument, type of instrument:
Identification code:
GB0004300496
b) Nature of the transaction: Acquisition of ordinary shares
c) Price(s) and volume(s): 136,000 ordinary shares at ZA
360.00 cents per share
d) Aggregated information: 136,000 ordinary shares
VWAP ZA 360.00 cents per
share
e) Dates of the transactions: 27 October 2023
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings Requirements:
a) Nature of interest of executive: Indirect beneficial
b) On-market or off-market: On-market
c) Clearance given in terms of paragraph 3.66 of the Yes
JSE Listings Requirements:
d) Total value of transactions ZAR 489,600.00
e) Holding following transactions: Indirect beneficial 5,184,504
ordinary shares
Direct beneficial 1,873,982
ordinary shares
314,280 open CFDs
Johannesburg
30 October 2023
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Corporate information
Corporate office Registered office
The Firs Building 2nd Floor
2nd Floor, Office 204 107 Cheapside
Corner Cradock and Biermann Avenues London
Rosebank, Johannesburg EC2V 6DN
South Africa United Kingdom
Office: + 27 (0) 11 243 2900 Office: + 44 (0) 20 7796 8644
info@paf.co.za info@paf.co.za
Chief executive officer Financial director and debt officer
Cobus Loots Deon Louw
Office: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900
Head: Investor relations Website: www.panafricanresources.com
Hethen Hira
Tel: + 27 (0) 11 243 2900
E-mail: hhira@paf.co.za
Company secretary Nominated adviser and joint broker
Jane Kirton Ross Allister/Bhavesh Patel
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0) 20 7796 8644 Office: +44 (0) 20 7418 8900
JSE sponsor Joint broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited
Office: + 27 (0) 11 011 9200 Office: +44 (0) 20 7236 1010
Joint broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG (Berenberg)
Office: +44 (0) 20 3207 7800
Date: 30-10-2023 04:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.