Director/PDMR Shareholding

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: Deon Louw
2.  Reason for the notification
a) Position/status: Financial Director
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: 213800EAXURCXM6RL85
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 at R1.30 each
Identification code: GB0004300496
b) Nature of the transaction: Purchase of shares
c) Price(s) and volume(s):
23 February 2018
 
Price(s) Volume(s)
ZAR1.30 75,000
d) Aggregated information:
Total Volume(s)
ZAR97,500 75,000
e) Date of the transaction: 23 February 2018
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: 257,450
e) Deemed value: ZAR97,500

Johannesburg

23 February 2018

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     
Pan African Resources PLC   
Chief Executive Officer 
Office: + 27 (0) 11 243 2900                                         
Deon Louw
Pan African Resources PLC
Financial Director
Office: + 27 (0) 11 243 2900
Phil Dexter
St James's Corporate Services Limited
Company Secretary
Office: + 44 (0) 207 796 8644
John Prior / Paul Gillam
Numis Securities Limited
Nominated Adviser and Joint Broker
Office: +44 (0) 20 7260 1000
Sholto Simpson
One Capital
JSE Sponsor
Office: + 27 (0) 11 550 5009
Ross Allister/ James Bavister / David McKeown
Peel Hunt LLP
Joint Broker
Office: +44 (0) 207 418 8900
Julian Gwillim
Aprio Strategic Communications
Public & Investor Relations SA
Office: +27 (0)11 880 0037        
Jeffrey Couch/Neil Haycock/Thomas Rider
BMO Capital Markets Limited
Joint Broker
Office: +44 (0) 207 236 1010
Bobby Morse and Chris Judd
Buchanan
Public & Investor Relations UK
Office: +44 (0)20 7466 5000
paf@buchanan.uk.com
Website: www.panafricanresources.com
UK 100