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

Pan African ResourcesAnnouncement

02/10/2017 16:00

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:                                                                                                                                                                                              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:                                                                                                                                                                                               213800EAXURCXM6RL85                                            
 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 Long Contract for Difference derivative (CFDs)  
 c)                                                    Price(s) and volume(s): 29 September 2017                                                                                                                                                                                                                         
 Price(s)                                              Volume(s)                                                                                                                                                                                          
 GBP12.747p (Ave. Price) Low GBP12.50p High GBP12.75p  200,000                                                                                                                                                                                            
 d)                                                    Aggregated information:                                                                                                                                                                                                                                           
 Total                                                 Volume(s)                                                                                                                                                                                          
 GBP25,494.00                                          200,000                                                                                                                                                                                            
 e)                                                    Date of the transaction:                                                                                                                                                                           29 September 2017                                              
 f)                                                    Place of the transaction:                                                                                                                                                                          Alternative Investment Market                                  

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:                                               688,675 ordinary shares of 1p each  

Johannesburg

2 October 2017

JSE Sponsor

One Capital

Contact details:

 Corporate Office                   Registered Office                 
 The Firs Office Building           Suite 31                          
 1st Floor, Office 101              Second Floor                      
 Cnr. Cradock and Biermann Avenues  107 Cheapside                     
 Rosebank, Johannesburg             London                            
 South Africa                       EC2V 6DN                          
 Office: + 27 (0) 11 243 2900       United Kingdom                    
 Facsimile: + 27 (0) 11 880 1240    Office: + 44 (0) 20 7796 8644     
 www.panafricanresources.com        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            
 St James's Corporate Services Limited  Numis Securities Limited            
 Company Secretary                      Nominated Adviser and Joint Broker  
 Office: + 44 (0) 20 7796 8644          Office: +44 (0) 20 7260 1000        

   

 Sholto Simpson                Ross Allister/Chris Burrows   
 One Capital                   Peel Hunt LLP                 
 JSE Sponsor                   Joint Broker                  
 Office: + 27 (0) 11 550 5009  Office: +44 (0) 20 7418 8900  

   

 Julian Gwillim                  Jeffrey Couch / Neil Haycock / Thomas Rider  
 Aprio Strategic Communications  BMO Capital Markets Limited                  
 Public & Investor Relations SA  Joint Broker                                 
 Office: +27 (0)11 880 0037      Office: +44 (0) 20 7236 1010                 

Bobby Morse / Chris Judd

Buchanan Communications

Public & Investor Relations UK

Office: +44 (0) 207 466 5000



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