REG-Pan African Resources Plc: Director/PDMR Shareholding
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 received notification on 4 June 2026 that Cobus
Loots, the Chief Executive Officer, entered into 100,000 Long Contract for
Difference (CFD) and transferred 593,910 shares held in his personal capacity
to LTS Ventures (Pty) Ltd, an entity associated with the Chief Executive
Officer.
Following these transactions, Mr Loots has an indirect
beneficial interest of 2,781,448
ordinary shares, representing 0.1192% of the Company's issued share
capital and a direct beneficial
interest of 554,790 ordinary shares,
representing 0.0238% 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: 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: 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: Long Contract for Difference (CFD) and Ordinary shares of 1p each Identification code: GB0004300496
b) Nature of the transaction: Trade 1: Entered into Long Contract for Difference (CFD) Trade 2: Transfer of shares from direct beneficial ownership to associate (indirect beneficial ownership)
c) Price(s) and volume(s): Trade 1: 100,000 CFDs at a price of 117.485 pence per share Trade 2: Transfer of 593,910 shares from direct beneficial ownership to associate (indirect beneficial ownership).
d) Aggregated information: Trade 1: GBP117,485.00 Trade 2: Market value of the shares transferred of GBP 662,209.65, based on the closing market price on the LSE of GBP 1.115 per share on 3 June 2026
e) Dates of the transactions: Trade 1: 2 June 2026 Trade 2: 3 June 2026
f) Place of the transactions: Trade 1: London Stock Exchange Trade 2: Outside of a trading venue
Additional information disclosed in accordance with the JSE Listings
Requirements:
a) Nature of interest of executive: Trade 1: Direct beneficial interest Trade 2: Transfer of direct beneficial interest to indirect beneficial interest
b) On-market or off-market: Trade 1: On-market Trade 2: Off-market
c) Clearance given in terms of paragraph 6.83 of the JSE Listings Requirements: Yes
d) Total value of transactions Trade 1: GBP117,485.00 Trade 2: Market value of the shares transferred of ZAR14,728,968.00, based on the closing market price on the JSE of ZAR24.80 per share on 3 June 2026
e) Holding following transactions: Indirect beneficial 2,781,448 ordinary shares Direct beneficial 554,790 ordinary shares
Johannesburg
5 June 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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