Get startedLog in
    Picture of Pan African Resources logo

    PAF — Pan African Resources News Story

    0.000.00%
    gb flag iconLast trade - 00:00
    Basic MaterialsSpeculativeMid CapNeutral
    All News

    Director/PDMR Shareholding

    Picture of Pan African Resources logoPan African Resources
    26/06/2025 09:00
    Pan African Resources PLC
    (Incorporated and registered in England and Wales under the Companies Act 1985 with registered number 3937466 on 25 February 2000)
    Share code on AIM: PAF
    Share code on JSE: PAN
    ISIN: GB0004300496
    ADR ticker code: PAFRY
    (“Pan African Resources” or the “Company”)    		Pan African Resources Funding Company Limited
    Incorporated in the Republic of South Africa with limited liability
    Registration number: 2012/021237/06
    Alpha code: PARI
    

 

 

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 the Chief Executive Officer, Cobus Loots, disposed of 125,282 ordinary shares of 1p each in Pan African Resources on 20 June 2025.

The Company also announces that it has received notification that on 20 June 2025, LTS Ventures (Pty) Ltd, an entity associated with Cobus Loots, disposed of 299,094 ordinary shares of 1p each in Pan African Resources.

Following these transactions, Mr Loots has an indirect beneficial interest of 5,597,154 ordinary shares, representing 0.2396 % of the Company's issued share capital and a direct beneficial interest of 1,448,700 ordinary shares, representing 0.0620% of the Company's issued share capital and 314,280 open long 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 instrument, type of instrument:Ordinary shares of 1p each
    Identification code: GB0004300496
    b)Nature of the transaction:Trade 1: Disposal of shares
    Trade 2: Disposal of shares
    c)Price(s) and volume(s):Trade 1: Disposal of 125,282 shares at 49 pence per share.
    Trade 2: Disposal of 299,094 shares. VWAP ZA 1,187.46 cents per share.
    Price(s)
    (ZA cents per share)    		Volume(s)
    1,180.0071,378
    1,181.008,622
    1,190.00167,698
    1,190.0019,094
    1,191.0031,890
    1,192.00412
    d)Aggregated information:Trade 1: Disposal value of GBP61,388.18
    Trade 2: Disposal value of ZAR3,551,631.96
    e)Dates of the transactions:Trade 1: 20 June 2025
    Trade 2: 20 June 2025
    f)Place of the transaction:Trade 1: London SETS
    Trade 2: Johannesburg Stock Exchange
    

 

Additional information disclosed in accordance with the JSE Listings Requirements:


    a)Nature of interest of executive:Trade 1: Direct beneficial
    Trade 2: Indirect beneficial
    b)On-market or off-market:Trade 1: On-market
    Trade 2: On-market
    c)Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements:Yes
    d)Total value of transactionsTrade 1: GBP61,388.18
    Trade 2: ZAR3,551,631.96
    e)Holding following transactions:Indirect beneficial 5,597,154 ordinary shares
    Direct beneficial 1,448,700 ordinary shares
    314,280 open long CFDs
    

 

 

Johannesburg

 

26 June 2025

 

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com

 


    Corporate information
    Corporate Office
    The Firs Building
    2nd Floor, Office 204
    Corner Cradock and Biermann Avenues
    Rosebank, Johannesburg
    South Africa
    Office: + 27 (0)11 243 2900
    info@paf.co.za    		Registered Office
    107 Cheapside, 2nd Floor
    London, EC2V 6DN
    United Kingdom
    Office: + 44 (0)20 3869 0706
    jane.kirton@corpserv.co.uk
    Chief Executive Officer
    Cobus Loots
    Office: + 27 (0)11 243 2900    		Financial Director and debt officer
    Marileen Kok
    Office: + 27 (0)11 243 2900
    Head: Investor Relations
    Hethen Hira
    Tel: + 27 (0)11 243 2900
    E-mail: hhira@paf.co.za    		Website: www.panafricanresources.com
    Company Secretary
    Jane Kirton
    St James's Corporate Services Limited
    Office: + 44 (0)20 3869 0706    		Nominated Adviser and Joint Broker
    Ross Allister/Georgia Langoulant
    Peel Hunt LLP
    Office: +44 (0)20 7418 8900
    JSE Sponsor & JSE Debt Sponsor
    Ciska Kloppers
    Questco Corporate Advisory Proprietary Limited
    Office: + 27 (0) 63 482 3802    		Joint Broker
    Thomas Rider/Nick Macann
    BMO Capital Markets Limited
    Office: +44 (0)20 7236 1010
    Joint Broker
    Matthew Armitt/Jennifer Lee
    Joh. Berenberg, Gossler & Co KG (Berenberg)
    Office: +44 (0)20 3207 7800
    

 

    Recent news on Pan African Resources

    See all news