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REG-Pan African Resources PLC: Director/PDMR Shareholding <Origin Href="QuoteRef">PAFR.L</Origin>

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" or the "Company")                        

                            DEALINGS IN SECURITIES                             

The Company was notified on 19 April 2016 of the following dealings in respect
of the Company's ordinary shares:

Name of director/executive:            Neal Reynolds                         
                                                                             
Company of which he is a director:     Director of Emerald Panther           
                                       Investments 91 Proprietary Ltd, Pan   
                                       African Resources Funding Company Pty 
                                       Ltd, Evander Gold Mines Ltd, Evander  
                                       Gold Mining Pty Ltd and alternate     
                                       director on Barberton Mines Pty Ltd,  
                                       major subsidiaries of the Company     
                                                                             
Name of associate of director:         NA Reynolds Family Trust ("Trust") of 
                                       which Neal Reynolds is a trustee and  
                                       beneficiary                           
                                                                             
Date of transaction:                   19 April 2016                         
                                                                             
Nature of transaction:                 Sale of shares by the Trust           
                                                                             
Class of security:                     Ordinary shares                       
                                                                             
Number of ordinary shares:             100,000                               
                                                                             
Price per ordinary share:              ZAR3.11                               
                                                                             
Value of transaction:                  ZAR311,000                            
                                                                             
Nature of interest of executive:       Indirect beneficial                   
                                                                             
On-market or off-market:               On-market                             
                                                                             
Clearance given in terms of Paragraph  Yes                                   
3.66:                                                                        

Johannesburg

19 April 2016

JSE Sponsor
One Capital

CONTACT INFORMATION

Corporate Office

The Firs Office Building

1st Floor, Office 101

Cnr. Cradock and Biermann Avenues

Rosebank, Johannesburg

South Africa

Office: +27 (0) 11 243 2900

Facsimile: +27 (0) 11 880 1240

Registered Office

Suite 31

Second Floor

107 Cheapside

London

EC2V 6DN

United Kingdom

Office: +44 (0) 20 7796 8644

Facsimile: +44 (0) 20 7796 8645

Cobus Loots                                Deon Louw                                   
                                                                                       
Pan African Resources PLC                  Pan African Resources PLC                   
                                                                                       
Chief Executive Officer                    Financial Director                          
                                                                                       
Office: +27 (0)11 243 2900                 Office: +27 (0) 11 243 2900                 
                                                                                       
Phil Dexter                                John Prior / Paul Gillam / James Black      
                                                                                       
St James's Corporate Services Limited      Numis Securities Limited                    
                                                                                       
Company Secretary                          Nominated Adviser & Joint Broker            
                                                                                       
Office: +44 (0)20 7796 8644                Office: +44 (0)20 7260 1000                 
                                                                                       
Sholto Simpson                             Matthew Armitt / Ross Allister              
                                                                                       
One Capital                                Peel Hunt LLP                               
                                                                                       
JSE Sponsor                                Joint Broker                                
                                                                                       
Office: +27 (0)11 550 5009                 Office: +44 (0)020 7418 8900                

   

Julian Gwillim                               Daniel Thöle/ Richard Crowley/ Aarti Iyer 
                                                                                       
Aprio Strategic Communications               Bell Pottinger PR                         
                                                                                       
Public & Investor Relations SA               Public & Investor Relations UK            
                                                                                       
Office: +27 (0)11 880 0037                   Office: +44 (0)20 3772 2500               

www.panafricanresources.com



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