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

Pan African ResourcesAnnouncement

07/11/2016 07:05

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”)

DIRECTOR’S 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:                                                                                                                                                                                              Bertin McLeod                                                                   
 2.         Reason for the notification                                                                                                                                                                                                                                                        
 a)         Position/status:                                                                                                                                                                                   Head of Phoenix Platinum Mining Proprietary Limited (“ Phoenix Platinum ”)      
 b)         Initial notification/Amendment:                                                                                                                                                                    Initial notification                                                            
 3.         Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                                                                                      
 a)         Company name:                                                                                                                                                                                      Phoenix Platinum, a subsidiary of Pan African                                   
 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):                                                                                                                                                                                                                                                            
 Price(s)   Volume(s)                                                                                                                                                                                          
 ZAR3.40    24,000                                                                                                                                                                                             
 d)         Aggregated information:                                                                                                                                                                                                                                                            
 Total      Volume(s)                                                                                                                                                                                          
 ZAR81,600  24,000                                                                                                                                                                                             
 e)         Date of the transaction:                                                                                                                                                                           4 November 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:                                               77,400      

Johannesburg

7 November 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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