PAN AFRICAN RESOURCES PLC - Directors dealings in securities

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 Resources 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:                                              Paul van Heerden



2.      Reason for the notification

a)      Position/status:                                   Prescribed Officer – Evander Gold
                                                           Mining Proprietary Limited

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

                                                           Identification code: GB0004300496

b)      Nature of the transaction:                         Acquisition of ordinary shares

c)      Price(s), volume(s) and date(s) of trade(s):       14,245 at R2.23 – 13 March 2020
                                                           10,000 at R1.99 – 19 March 2020




d)      Aggregated information:                            R51,666.35
 e)     Place of the transaction:                          Johannesburg Stock Exchange



Additional information disclosed in accordance with the JSE Listings Requirements:

 a)     Nature and extent of interest of executive:         Direct 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)     Holding following transactions:                     24,245



Johannesburg
19 March 2020

Sponsor: Questco Corporate Advisory Proprietary Limited

Date: 19-03-2020 04:00:00
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