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

Pan African ResourcesAnnouncement

04/10/2016 08:40

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”)

DIRECTORS’ 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:                                                                                                                                                                                              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:                                                                                                                                                                                               Not applicable                                                
 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:                                                                                                                                                                         Acquisition of ordinary shares                                
 c)             Price(s) and volume(s): 29 September 2016 30 September 2016 3 October 2016                                                                                                                                                                                       
 Price(s)       Volume(s)                                                                                                                                                                                          
 ZAR3.59        491                                                                                                                                                                                                
 Price(s)       Volume(s)                                                                                                                                                                                          
 ZAR3.70        25,000                                                                                                                                                                                             
 Price(s)       Volume(s)                                                                                                                                                                                          
 ZAR3.78        25,000                                                                                                                                                                                             
 d)             Aggregated information:                                                                                                                                                                                                                                          
 Total          Volume(s)                                                                                                                                                                                          
 ZAR188 762.69  50,491                                                                                                                                                                                             
 e)             Date of the transaction:                                                                                                                                                                           29 September 2016 – 3 October 2016                            
 f)             Place of the transaction:                                                                                                                                                                          Johannesburg Stock Exchange                                   

Additional information disclosed in accordance with the JSE Listings
Requirements:

 a)  Nature of interest of executive:                                              Beneficial  
 b)  On-market or off-market:                                                      On-market   
 c)  Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements:  Yes         
 d)  Holding following transactions:                                               530,675     

Johannesburg

3 October 2016

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) 207 796 8644

Facsimile: + 44 (0) 207 796 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

St James's Corporate Services Limited      Numis Securities Limited

Company Secretary
                                Nominated
Adviser and Joint Broker

Office: + 44 (0) 207 796 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) 207 418 8900

Julian
Gwillim                                         
Daniel Thöle

Aprio Strategic Communications               Bell Pottinger PR

Public & Investor Relations SA                 Public &
Investor Relations UK

Office: +27 (0)11 880 0037                      Office:
+ 44 (0) 203 772 2500

Jeffrey Couch/Neil Haycock/Thomas Rider

BMO Capital Markets Limited

Joint Broker

Office: +44 (0) 207 236 1010

www.panafricanresources.com



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