Director/PDMR Shareholding
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 LSE: 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 that it received notification on 4 June 2026 that Cobus Loots, the Chief Executive Officer, entered into 100,000 Long Contract for Difference (CFD) and transferred 593,910 shares held in his personal capacity to LTS Ventures (Pty) Ltd, an entity associated with the Chief Executive Officer.
Following these transactions, Mr Loots has an indirect
beneficial interest of 2,781,448
ordinary shares, representing 0.1192% of the Company's issued share capital and a direct beneficial
interest of 554,790
ordinary shares, representing 0.0238% of the Company's issued share capital.
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:
Long Contract for Difference (CFD) and Ordinary shares of 1p each
Identification code: GB0004300496
b)
Nature of the transaction:
Trade 1: Entered into Long Contract for Difference (CFD)
Trade 2: Transfer of shares from direct beneficial ownership to associate (indirect beneficial ownership)
c)
Price(s) and volume(s):
Trade 1: 100,000 CFDs at a price of 117.485 pence per share
Trade 2: Transfer of 593,910 shares from direct beneficial ownership to associate (indirect beneficial ownership).
d)
Aggregated information:
Trade 1: GBP117,485.00
Trade 2:
Market value of the shares transferred of GBP 662,209.65, based on the closing market price on the LSE of GBP 1.115 per share on 3 June 2026
e)
Dates of the transactions:
Trade 1: 2 June 2026
Trade 2: 3 June 2026
f)
Place of the transactions:
Trade 1: London Stock Exchange
Trade 2: Outside of a trading venue
Additional information disclosed in accordance with the JSE Listings Requirements:
a)
Nature of interest of executive:
Trade 1: Direct beneficial interest
Trade 2: Transfer of direct beneficial interest to indirect beneficial interest
b)
On-market or off-market:
Trade 1: On-market
Trade 2: Off-market
c)
Clearance given in terms of paragraph 6.83 of the JSE Listings Requirements:
Yes
d)
Total value of transactions
Trade 1: GBP117,485.00
Trade 2: Market value of the shares transferred of ZAR14,728,968.00, based on the closing market price on the JSE of ZAR24.80 per share on 3 June 2026
e)
Holding following transactions:
Indirect beneficial 2,781,448 ordinary shares
Direct beneficial 554,790 ordinary shares
Johannesburg
5 June 2026
For further information on Pan African, please visit the Company's website at
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
Registered Office
107 Cheapside, 2
nd
Floor
London, EC2V 6DN
United Kingdom
Office: + 44 (0)20 3869 0706
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
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