REG-Pan African Resources Plc: Director/PDMR Shareholding

Pan African ResourcesAnnouncement

Mon 16:00

Pan African Resources PLC  (Incorporated and registered in England and Wales under the Companies Act 1985 with registered number 3937466 on 25 February 2000)  Share code on LSE: PAF  Share code on JSE: PAN  ISIN: GB0004300496  ADR ticker code: PAFRY  (‘Pan African Resources’ or the ‘Company’)          Pan African Resources Funding Company Limited  Incorporated in the Republic of South Africa with limited liability  Registration number: 2012/021237/06  Alpha code: PARI  

 

 

DIRECTOR’S DEALINGS IN SECURITIES

 

DEALING NOTIFICATION FORM                     
                     FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
AND THEIR CLOSELY ASSOCIATED PERSONS

 

The Company announces that it has received notification that the Chairman of
the Board Keith Spencer, disposed of 1,000,000 ordinary shares of 1p each in
Pan African Resources on 17 April 2026.

Following these transactions, Mr Spencer has a direct beneficial              
                          interest of 2,000,000                               
         ordinary shares, representing 0.08570% of the Company's issued share
capital.

The below information and notification are made in accordance with the EU
Market Abuse Regulation and the JSE Listings Requirements.

 

 1.  Details of the person discharging managerial responsibilities/person closely associated                                                                                                                                                                                                                                                                                                                                             
 a)  Name:                                                                                                                                                                                              Keith Cousins Spencer                                                                                                                                                                                                            
 2.  Reason for the notification                                                                                                                                                                                                                                                                                                                                                                                                         
 a)  Position/status:                                                                                                                                                                                   Chairman                                                                                                                                                                                                                         
 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:                                                                                                                                                                         Disposal of shares                                                                                                                                                                                                               
 c)  Price(s) and volume(s):                                                                                                                                                                            Disposal of 1,000,000 shares , at various trading prices during the course of the day, with the following price information:  -  VWAP of GBP1.57380505 per share  -  High of GBP1.6082 per share  -  Low of GBP1.5598 per share  
 d)  Aggregated information:                                                                                                                                                                            Disposal value of GBP1,573,805.04                                                                                                                                                                                                
 e)  Dates of the transactions:                                                                                                                                                                         17 April 2026                                                                                                                                                                                                                    
 f)  Place of the transaction:                                                                                                                                                                          London 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 6.83 of the JSE Listings Requirements:  Yes                                         
 d)  Total value of transactions                                                   GBP1,573,805.04                             
 e)  Holding following transactions:                                               Direct beneficial 2,00,000 ordinary shares  

 

 

Johannesburg

 

20 April 2026

 

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com

 

 Corporate information                                                                                                                                                                                                                                                                                                               
 Corporate Office   The Firs Building  2nd Floor, Office 204  Corner Cradock and Biermann Avenues  Rosebank, Johannesburg  South Africa  Office: + 27 (0)11 243 2900   info@paf.co.za  Registered Office   107 Cheapside, 2 nd Floor  London, EC2V 6DN  United Kingdom  Office: + 44 (0)20 3869 0706     jane.kirton@corpserv.co.uk  
 Chief Executive Officer     Cobus Loots   Office: + 27 (0)11 243 2900                                                                                                                 Financial Director and debt officer   Marileen Kok  Office: + 27 (0)11 243 2900                                                               
 Head: Investor Relations   Hethen Hira                                                                                                                                                Website:  www.panafricanresources.com                                                                                                         
  Tel: + 27 (0)11 243 2900                                                                                                                                                                                                                                                                                                           
  E-mail:  hhira@paf.co.za                                                                                                                                                                                                                                                                                                           
 Company Secretary   Jane Kirton   St James's Corporate Services Limited   Office: + 44 (0)20 3869 0706                                                                                Joint Broker   Ross Allister/Georgia Langoulant   Peel Hunt LLP   Office: +44 (0)20 7418 8900                                                 
 JSE Sponsor & JSE Debt Sponsor   Ciska Kloppers   Questco Corporate Advisory Proprietary Limited   Office: + 27 (0) 63 482 3802                                                       Joint Broker   Thomas Rider/Nick Macann   BMO Capital Markets Limited   Office: +44 (0)20 7236 1010                                           
                                                                                                                                                                                       Joint Broker   Matthew Armitt/Jennifer Lee   Joh. Berenberg, Gossler & Co KG (Berenberg)   Office: +44 (0)20 3207 7800                        

 



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