REG-Pan African Resources Plc: Transaction in Own Shares
10/05/2022 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 9 May 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 9 May 2022
Aggregate number of Ordinary Shares purchased 345,474
London Stock Exchange (“LSE”) purchases
Number of Ordinary Shares purchased on LSE -
Lowest price paid per share (pence per share): -
Highest price paid per share (pence per share): -
Volume weighted average price paid per share (pence per share): -
Johannesburg Stock Exchange (“JSE”) purchases
Number of Ordinary Shares purchased on JSE 345,474
Lowest price paid per share (ZAr per share): 415.00
Highest price paid per share (ZAr per share): 433.00
Volume weighted average price paid per share (ZAr per share): 420.47
Following the purchase, the Company will have 2,222,862,046 Ordinary Shares of
£0.01 each in issue, of which 306,358,058 Ordinary Shares are held in
treasury.
The above figure of 2,222,862,046 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
- - - -
Individual transactions on JSE:
Number of shares purchased Transaction price (ZAr per share) Time of transaction Execution venue
4,002 433.00 09:00:46 JSE
3,743 430.00 09:07:39 JSE
922 429.00 09:07:40 JSE
2,553 429.00 09:07:40 JSE
804 429.00 09:07:41 JSE
3,789 428.00 09:23:52 JSE
3,891 430.00 09:28:32 JSE
785 430.00 09:33:29 JSE
3,479 430.00 09:33:29 JSE
8,118 427.00 09:37:49 JSE
3,290 429.00 09:49:03 JSE
853 429.00 09:49:03 JSE
3,760 429.00 09:54:18 JSE
3,830 429.00 09:58:48 JSE
3,695 429.00 10:03:47 JSE
4,152 429.00 10:08:30 JSE
4,028 428.00 10:13:42 JSE
3,085 426.00 10:13:45 JSE
4,082 426.00 10:13:45 JSE
2,439 424.00 10:16:06 JSE
1,187 424.00 10:16:06 JSE
144 424.00 10:16:06 JSE
17 424.00 10:32:24 JSE
4,625 422.00 10:32:24 JSE
4,206 424.00 10:32:24 JSE
4,183 421.00 10:35:36 JSE
4,173 421.00 10:35:36 JSE
4,133 423.00 10:54:00 JSE
3,853 420.00 10:55:24 JSE
4,029 420.00 10:55:24 JSE
3,972 420.00 11:09:05 JSE
12,434 419.00 11:11:31 JSE
3,734 419.00 11:33:24 JSE
3,758 419.00 11:35:19 JSE
7,347 419.00 11:35:55 JSE
4,286 420.00 11:48:22 JSE
1,313 420.00 11:53:48 JSE
3,181 420.00 11:53:48 JSE
4,333 420.00 11:59:34 JSE
143 420.00 12:04:48 JSE
4,204 420.00 12:04:48 JSE
813 420.00 12:11:23 JSE
3,064 420.00 12:11:23 JSE
3,777 420.00 12:15:11 JSE
3,694 417.00 12:15:12 JSE
7,403 418.00 12:15:12 JSE
4,435 415.00 12:33:50 JSE
4,179 415.00 12:39:21 JSE
3,756 415.00 12:48:45 JSE
6,108 417.00 13:01:51 JSE
6,366 417.00 13:01:51 JSE
4,173 417.00 13:05:10 JSE
4,236 417.00 13:10:23 JSE
4,436 417.00 13:15:42 JSE
3,942 418.00 13:21:18 JSE
3,839 417.00 13:26:09 JSE
101 417.00 13:30:59 JSE
4,061 418.00 13:35:14 JSE
4,474 418.00 13:36:13 JSE
1,521 417.00 13:37:24 JSE
2,348 417.00 13:37:24 JSE
4,048 417.00 13:37:25 JSE
3,942 417.00 13:37:25 JSE
4,334 418.00 13:56:43 JSE
3,716 419.00 14:02:26 JSE
3,947 416.00 14:04:12 JSE
4,393 419.00 14:17:17 JSE
3,868 419.00 14:17:35 JSE
332 416.00 14:20:17 JSE
1,210 419.00 14:27:35 JSE
1,254 419.00 14:27:35 JSE
5,000 419.00 14:27:35 JSE
1,790 419.00 14:32:00 JSE
2,550 419.00 14:32:00 JSE
4,030 419.00 15:00:08 JSE
3,729 419.00 15:06:20 JSE
4,386 419.00 15:09:45 JSE
2,203 420.00 15:13:37 JSE
115 420.00 15:13:55 JSE
1,275 420.00 15:14:50 JSE
99 420.00 15:15:05 JSE
219 420.00 15:16:46 JSE
1,787 420.00 15:17:03 JSE
171 420.00 15:17:22 JSE
891 420.00 15:18:28 JSE
167 420.00 15:18:29 JSE
375 420.00 15:19:12 JSE
415 420.00 15:19:48 JSE
2,709 420.00 15:19:51 JSE
4,082 420.00 15:19:51 JSE
8,181 420.00 15:19:51 JSE
4,746 418.00 15:20:49 JSE
3,812 417.00 15:22:32 JSE
4,163 417.00 15:22:32 JSE
3,767 418.00 15:31:16 JSE
4,071 417.00 15:31:16 JSE
4,506 420.00 15:45:06 JSE
3,745 420.00 15:50:01 JSE
3,810 417.00 15:54:23 JSE
3,797 417.00 15:56:11 JSE
3,881 416.00 15:56:24 JSE
2,289 416.00 15:56:24 JSE
1,651 416.00 15:56:24 JSE
4,548 417.00 15:59:21 JSE
189 417.00 16:01:07 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
10 May 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
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