REG-Pan African Resources Plc: Transaction in Own Shares
26/04/2022 07:15
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 AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
ADR ticker code: PAFRY
(“Pan African” or the “Company” or the “Group”)
PAN AFRICAN RESOURCES PLC TRANSACTION IN OWN SHARES
Pan African, the South African gold producer, announces that on 25 April 2022,
in accordance with the terms of its share buyback programme announced on 1
April 2022 (the “Programme”) it purchased the following number of ordinary
shares of £0.01 each in the Company (“Ordinary Shares”) through Peel Hunt
LLP (“Peel Hunt”) and RMB Morgan Stanley (“RMBMS”). The shares
purchased will be cancelled.
Date of purchases 25 April 2022
Aggregate number of Ordinary Shares purchased 2,184,413
London Stock Exchange (“LSE”) purchases
Number of Ordinary Shares purchased on LSE 1,249,931
Lowest price paid per share (pence per share): 21.15
Highest price paid per share (pence per share): 21.15
Volume weighted average price paid per share (pence per share): 21.15
Johannesburg Stock Exchange (“JSE”) purchases
Number of Ordinary Shares purchased on JSE 934,482
Lowest price paid per share (ZAr per share): 395.00
Highest price paid per share (ZAr per share): 423.00
Volume weighted average price paid per share (ZAr per share): 404.20
Following the purchase, the Company will have 2,228,208,868 Ordinary Shares of
£0.01 each in issue, of which 306,358,058 Ordinary Shares are held in
treasury.
The above figure of 2,228,208,868 may be used by shareholders as the
denominator for calculating whether they are required to notify their interest
in, or a change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the tables below contain detailed information of the individual
trades made by Peel Hunt as part of the Programme. The same information is
also included for the trades made by RMBMS.
Individual transactions on LSE:
Number of shares purchased Transaction price (pence per share) Time of transaction Execution venue
1,249,931 21.15 08:04:59 LSE
Individual transactions on JSE:
Number of shares purchased Transaction price (ZAr per share) Time of transaction Execution venue
12,478 423.00 09:02:11 JSE
12,667 415.00 09:09:55 JSE
12,308 415.00 09:09:55 JSE
10,776 415.00 09:26:32 JSE
11,021 415.00 09:26:32 JSE
3,804 413.00 09:36:47 JSE
8,031 413.00 09:36:47 JSE
3,463 411.00 09:36:56 JSE
8,137 411.00 09:36:56 JSE
9,951 408.00 09:51:16 JSE
11,396 410.00 10:05:00 JSE
11,732 410.00 10:11:35 JSE
8,279 409.00 10:13:31 JSE
833 409.00 10:13:31 JSE
9,539 409.00 10:13:31 JSE
15,000 409.00 10:13:31 JSE
12,608 410.00 10:37:50 JSE
11,307 410.00 10:45:02 JSE
1,150 408.00 10:47:37 JSE
3,760 408.00 10:47:37 JSE
203 408.00 10:47:38 JSE
10,731 408.00 10:48:25 JSE
5,363 408.00 10:48:25 JSE
11,116 407.00 10:59:59 JSE
11,149 407.00 10:59:59 JSE
10,499 405.00 11:09:15 JSE
886 404.00 11:09:46 JSE
5,101 403.00 11:11:26 JSE
12,610 405.00 11:26:29 JSE
11,362 405.00 11:34:31 JSE
11,674 404.00 11:41:57 JSE
2,108 404.00 11:51:22 JSE
1,670 404.00 11:51:22 JSE
12,139 405.00 11:52:31 JSE
893 404.00 11:55:25 JSE
5,000 404.00 11:55:25 JSE
221 404.00 11:55:25 JSE
11,659 405.00 12:03:45 JSE
4,709 404.00 12:06:46 JSE
24,358 406.00 12:12:08 JSE
12,264 406.00 12:34:28 JSE
10,905 407.00 12:37:43 JSE
3,058 406.00 12:52:05 JSE
9,316 406.00 12:52:05 JSE
12,585 405.00 12:52:13 JSE
11,591 406.00 13:00:29 JSE
1,424 405.00 13:00:30 JSE
10,379 405.00 13:03:10 JSE
101 405.00 13:03:10 JSE
19,580 405.00 13:03:10 JSE
3,916 403.00 13:20:04 JSE
3,924 403.00 13:20:05 JSE
263 407.00 13:31:35 JSE
3,062 407.00 13:31:35 JSE
7,629 407.00 13:31:35 JSE
11,494 407.00 13:38:01 JSE
12,195 406.00 13:40:04 JSE
23,270 406.00 13:40:04 JSE
3,924 404.00 14:00:08 JSE
2,669 404.00 14:00:12 JSE
8,030 404.00 14:00:12 JSE
7,080 404.00 14:00:12 JSE
7,493 405.00 14:19:25 JSE
6,011 405.00 14:19:25 JSE
19,176 405.00 14:19:25 JSE
10,477 403.00 14:37:11 JSE
1,088 401.00 14:40:04 JSE
3,924 401.00 14:40:05 JSE
686 402.00 14:45:55 JSE
9,997 402.00 14:45:55 JSE
10,901 401.00 14:46:05 JSE
6,161 401.00 14:46:05 JSE
15,345 401.00 14:46:05 JSE
4,500 401.00 14:46:05 JSE
23,048 400.00 15:03:41 JSE
11,529 400.00 15:10:22 JSE
21,853 400.00 15:16:51 JSE
12,020 396.00 15:22:29 JSE
11,366 396.00 15:33:15 JSE
3,827 395.00 15:33:15 JSE
11,533 396.00 15:33:15 JSE
3,924 395.00 15:33:16 JSE
3,978 404.00 15:49:13 JSE
9,811 404.00 15:49:34 JSE
2,986 404.00 15:49:34 JSE
2,505 403.00 15:49:36 JSE
9,734 403.00 15:49:36 JSE
8,600 403.00 15:56:44 JSE
10,854 402.00 15:58:29 JSE
12,231 402.00 15:58:29 JSE
10,888 402.00 15:58:29 JSE
11,547 399.00 16:08:08 JSE
10,584 399.00 16:08:08 JSE
12,175 398.00 16:10:51 JSE
10,497 398.00 16:12:41 JSE
11,978 397.00 16:22:08 JSE
11,692 397.00 16:22:08 JSE
12,628 397.00 16:27:37 JSE
458 399.00 16:36:14 JSE
5,732 399.00 16:36:15 JSE
6,606 399.00 16:36:15 JSE
11,362 398.00 16:37:00 JSE
11,072 398.00 16:37:00 JSE
11,161 398.00 16:37:00 JSE
10,509 396.00 16:46:04 JSE
1,769 397.00 16:49:43 JSE
17,916 397.00 16:49:44 JSE
The information contained in this update is the responsibility of the Pan
African board of directors and has not been reviewed or reported on by the
Group’s external auditors.
Rosebank
26 April 2022
For further information on Pan African, please visit the Company's website at
www.panafricanresources.com
Corporate information
Corporate office The Firs Office 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 Suite 31 Second Floor 107 Cheapside London EC2V 6DN United Kingdom Office: + 44 (0) 20 7796 8644
Chief executive officer Cobus Loots Office: + 27 (0) 11 243 2900 Financial director Deon Louw Office: + 27 (0) 11 243 2900
Head: Investor relations Hethen Hira Tel: + 27 (0)11 243 2900 E-mail: hhira@paf.co.za Website: www.panafricanresources.com
Company secretary Phil Dexter/Jane Kirton St James's Corporate Services Limited Office: + 44 (0) 20 7796 8644 Nominated Adviser and Joint Broker Ross Allister/Alexander Allen Peel Hunt LLP Office: +44 (0) 20 7418 8900
JSE Sponsor Ciska Kloppers Questco Corporate Advisory Proprietary Limited Office: + 27 (0) 11 011 9200 Joint Broker Thomas Rider/Nick Macann BMO Capital Markets Limited Office: +44 (0) 20 7236 1010
Copyright (c) 2022 PR Newswire Association,LLC. All Rights ReservedRecent news on Pan African Resources
See all newsREG-Pan African Resources Plc: Unaudited Interim financial results for the six months ended 31 december 2023
AnnouncementREG-Pan African Resources Plc: Unaudited Interim financial results for the six months ended 31 december 2023
AnnouncementREG-Pan African Resources Plc: Trading Statement
AnnouncementREG-Pan African Resources Plc: Holding(s) in Company
AnnouncementREG-Pan African Resources Plc: Operational Update for the Half Year ended 31 December 2023 (H1 FY2024)
Announcement