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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
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 9 and 10 November 2020, Figit
(Pty) Ltd, an entity associated with Finance Director Deon Louw, bought 2,108,815 ordinary
shares of 1p each in Pan African Resources and on 9 November 2020, 76,650 ordinary shares
of 1p each in Pan African Resources for his personal account.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below,
Mr Louw has an indirect beneficial interest of 2,108,815 ordinary shares, representing
0.0944% of the Company's issued share capital and a direct beneficial interest of 688,112
ordinary shares, representing 0.0308% of the Company's issued share capital.
The below information and notification is made in accordance with the EU Market Abuse
Regulation.
1. Details of the person discharging managerial
responsibilities/person closely associated
a) Name: Deon Louw
2. Reason for the notification
a) Position/status: Finance Director
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: Trade 1:
Acquisition of ordinary shares by
an associate of Deon Louw,
namely Figit (Pty) Ltd, of which he
is the sole director
Trade 2:
Acquisition of ordinary shares by
an associate of Deon Louw,
namely Figit (Pty) Ltd, of which he
is the sole director
Trade 3:
Acquisition for his personal account
c) Price(s) and volume(s): Trade 1:
1,119,500 ordinary shares
VWAP ZA 486.68 cents per share
Low ZA 467.00 cents per share
High ZA 500.00 cents per share
Trade 2:
989,315 ordinary shares
VWAP ZA 456.83 cents per share
Low ZA 446.00 cents per share
High ZA 467.00 cents per share
Trade 3:
76,650 ordinary shares
VWAP ZA 456.83 cents per share
Low ZA 446.00 cents per share
High ZA 467.00 cents per share
d) Aggregated information: Trade 1:
ZAR 5 448 382.60
Trade 2:
ZAR 4 519 487.71
Trade 3:
ZAR 350 160.20
e) Dates of the transaction: Trade 1:
9 November 2020
Trade 2:
10 November 2020
Trade 3:
10 November 2020
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings Requirements:
a) Nature of interest of executive: Trade 1:
Indirect beneficial
Trade 2:
Indirect beneficial
Trade 3:
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: Indirect beneficial 2,108,815
ordinary shares,
Direct beneficial 688,112 ordinary
shares
Johannesburg
12 November 2020
Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 12-11-2020 02:21:00
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