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

Pan African ResourcesAnnouncement

12/10/2017 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:                                                                                                                                                                                              Thabo Mosololi                                                 
 2.         Reason for the notification                                                                                                                                                                                                                                       
 a)         Position/status:                                                                                                                                                                                   Independent non-executive director                             
 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:                                                                                                                                       Ordinary shares of 1p each  Identification code: GB0004300496  
 b)         Nature of the transaction:                                                                                                                                                                         Acquisition of ordinary shares                                 
 c)         Price(s) and volume(s): 6 October 2017                                                                                                                                                                                                                            
 Price(s)   Volume(s)                                                                                                                                                                                          
 ZAR2.30    20,000                                                                                                                                                                                             
 d)         Aggregated information:                                                                                                                                                                                                                                           
 Total      Volume(s)                                                                                                                                                                                          
 ZAR46,000  20,000                                                                                                                                                                                             
 e)         Date of the transaction:                                                                                                                                                                           6 October 2017                                                 
 f)         Place of the transaction:                                                                                                                                                                          Johannesburg Stock Exchange                                    

Additional information disclosed in accordance with the JSE Listings
Requirements:

 a)  Nature of interest of executive:                                              Direct 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:                                               50,000             

Johannesburg

12 October 2017

 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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