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”)
DIRECTORS’
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: |
Not applicable |
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: |
Acquisition of ordinary
shares |
c) |
Price(s)
and volume(s):
5 October 2016
|
Price(s) |
Volume(s) |
ZAR3.55 |
30,000 |
|
d) |
Aggregated
information: |
Total |
Volume(s) |
ZAR106,500 |
30,000 |
|
e) |
Date of the
transaction: |
5 October
2016 |
f) |
Place of the
transaction: |
Johannesburg 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: |
560,675 |
Correction of announcement dated 28
September 2016 and confirmation of historical share
purchases by the executive directors in line with Market Abuse
Regulations requirements of AIM listed companies and submission to
the Financial Conduct Authority:
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: |
Amendment |
3. |
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor |
|
a) |
Company name: |
Pan African Resources
PLC |
b) |
LEI: |
Not applicable |
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: |
Acquisition of ordinary
shares |
c) |
Price(s)
and volume(s):
27 September 2016
28 September 2016
|
Price(s) |
Volume(s) |
ZAR3.57 |
20,000 |
Price(s) |
Volume(s) |
ZAR3.58 |
200,000 |
Price(s) |
Volume(s) |
ZAR3.48 |
28,609 |
|
d) |
Aggregated
information: |
Total |
Volume(s) |
ZAR886,959.32 |
248,609 |
|
e) |
Date of the
transaction: |
27-28
September 2016 |
f) |
Place of the
transaction: |
Johannesburg 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 on 28 September 2016: |
480, 184 |
1. |
Details of the
person discharging managerial responsibilities/person closely
associated |
|
a) |
Name: |
Deon Louw |
2. |
Reason for the
notification |
|
a) |
Position/status: |
Financial Director |
b) |
Initial
notification/Amendment: |
Clarification |
3. |
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor |
|
a) |
Company name: |
Pan African Resources
PLC |
b) |
LEI: |
Not applicable |
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: |
Acquisition of ordinary
shares |
c) |
Price(s)
and volume(s):
27 September 2016
|
Price(s) |
Volume(s) |
ZAR3.57 |
4,300 |
ZAR3.58 |
3,150 |
ZAR3.62 |
35,000 |
ZAR3.64 |
40,000 |
ZAR3.66 |
12,836 |
ZAR3.67 |
42,164 |
|
d) |
Aggregated information: |
Total |
Volume(s) |
ZAR500,649.64 |
137,450 |
|
e) |
Date of the
transaction: |
27 September
2016 |
f) |
Place of the
transaction: |
Johannesburg 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 on 28 September 2016: |
137, 450 |
Johannesburg
5 October 2016
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
Deon Louw
Pan African Resources
PLC
Pan African Resources PLC
Chief Executive
Officer
Financial Director
Office: + 27 (0) 11 243
2900
Office: + 27 (0) 11 243
2900
Phil Dexter
John Prior / Paul Gillam
St James's Corporate Services Limited
Numis Securities Limited
Company Secretary
Nominated Adviser and Joint
Broker
Office: + 44 (0) 207 796 8644
Office: +44 (0) 20 7260 1000
Sholto
Simpson
Matthew Armitt / Ross Allister
One
Capital
Peel Hunt LLP
JSE
Sponsor
Joint Broker
Office: + 27 (0) 11 550
5009
Office: +44 (0) 207 418 8900
Julian
Gwillim
Daniel Thöle
Aprio Strategic
Communications
Bell Pottinger PR
Public & Investor Relations
SA
Public & Investor Relations UK
Office: +27 (0)11 880
0037
Office: + 44 (0) 203 772 2500
Jeffrey Couch/Neil Haycock/Thomas Rider
BMO Capital Markets Limited
Joint Broker
Office: +44 (0) 207 236 1010
www.panafricanresources.com