REG-Pan African Resources Plc: Director/PDMR Shareholding

Pan African ResourcesAnnouncement

24/09/2018 17:05

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:                                                                                                                                                                                              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:                                                                                                                                       Identification code: GB0004300496                 
 b)             Nature of the transactions:                                                                                                                                                                        Entered into long contracts for difference (CFD)  
 c)             Price(s) and volume(s): i) 20 September 2018 ii) 21 September 2018                                                                                                                                                                                   
 Price(s)       Volume(s)                                                                                                                                                                                          
 1. GBP0.0825   64,280 50,000                                                                                                                                                                                      
 2. GBP0.085                                                                                                                                                                                                       
 d)             Aggregated information:                                                                                                                                                                                                                              
 Total          Volume(s)                                                                                                                                                                                          
 GBP9,553.10    114,280                                                                                                                                                                                            
 e)             Date of the transaction:                                                                                                                                                                           1. 20 September 2018                              
                                                                                                                                                                                                                   2. 21 September 2018                              
 f)             Place of the transaction:                                                                                                                                                                          London 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:                                               668,675      
 e)  Deemed value:                                                                 GBP9,553.10  

Johannesburg

24 September 2018

 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 Pan African Resources PLC Chief Executive Officer Office: + 27 (0) 11 243 2900                                                                                                          Deon Louw Pan African Resources PLC Financial Director Office: + 27 (0) 11 243 2900                                                                  
 Phil Dexter St James's Corporate Services Limited Company Secretary Office: + 44 (0) 207 796 8644                                                                                                   John Prior / Paul Gillam Numis Securities Limited Nominated Adviser and Joint Broker Office: +44 (0) 20 7260 1000                                    
 Sholto Simpson One Capital JSE Sponsor Office: + 27 (0) 11 550 5009                                                                                                                                 Ross Allister/ James Bavister / David McKeown Peel Hunt LLP Joint Broker Office: +44 (0) 207 418 8900                                                
 Julian Gwillim Aprio Strategic Communications Public & Investor Relations SA Office: +27 (0)11 880 0037                                                                                             Jeffrey Couch/Neil Haycock/Thomas Rider BMO Capital Markets Limited Joint Broker Office: +44 (0) 207 236 1010                                        
 Bobby Morse and Chris Judd Buchanan Public & Investor Relations UK Office: +44 (0)20 7466 5000 paf@buchanan.uk.com                                                                                  Website: www.panafricanresources.com                                                                                                                 



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