Directorate Change

Pan African Resources PLC

("Pan African" or “the company" or “the group”)

(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)

Share code on AIM: PAF

Share code on JSE: PAN

ISIN: GB0004300496

APPOINTMENT OF NON-EXECUTIVE DIRECTORS  

Shareholders are advised that Yvonne Themba and Charles Needham have been appointed as independent non-executive directors to the board of directors of Pan African with effect from 17 July 2019. Yvonne Themba (aged 54) has over 30 years’ experience as an executive within the insurance, mining, telecommunication and investment industries. Charles Needham (aged 65) is a mining executive with approximately 40 years’ experience in the mining industry.

Pan African Chairman Keith Spencer commented: “The Board is delighted to welcome Yvonne and Charles as independent non-executive directors, we believe they will further strengthen the expertise available to our board, and we look forward to working with them."

Yvonne Themba and Charles Needham have confirmed that other than the information disclosed below there are no matters to be disclosed under Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules.

Current directorships:

Yvonne Themba:	Charles Needham:
Adopt A School Foundation (NPO)	Alphamin Resources Corporation
Canadoce Investments Close Corporation (CC)	Divitiae Holdings Ltd
Bo Themba Projects (Pty) Ltd	Imagined Earth (Pty) Ltd
Clique Marketing (Pty) Ltd	Kinsenda Copper Company SARL
Pfortner Solutions (Pty) Ltd	METPROP (Pty) Ltd
Mathomo Packhouse (Pty) Ltd	MetQuip (Pty) Ltd
Talamati Asset Managers (Pty) Ltd	Orpheus Property Holdings (Pty) Ltd
Talamati Capital Managers (Pty) Ltd	Ruashi Holdings (Pty) Ltd
Jula Investments (Pty) Ltd
Varsbegin (Pty) Ltd

Previous directorships held in the last 5 years:

Yvonne Themba:	Charles Needham:
ORCE (Pty) Ltd	Chibuluma Mines Plc
New Era Agricultural Development (Pty) Ltd	Maranda Mines (Pty) Ltd
AAS Logistics Investments (Pty) Ltd	Metorex Copper Corporation DRC (Pty) Ltd
McDonald’s Corporation (SA)	Resolution Recycling CC
Shanduka Properties (Pty) Ltd
Shanduka Restaurants Company (Pty) Ltd
MSA Devco (Pty) Ltd
Great Karoo Meat Suppliers (Pty) Ltd
18 Acacia Road (Pty) Ltd
Phembani Share Scheme 2007 (Pty) Ltd
The Todwil Company of SA (Pty) Ltd
Alpha Investment Consulting Services (Pty) Ltd
Lilitha Strategic Investments (Public Company)
Black Umbrellas (NPO)
Gidani (Pty) Ltd
Shanduka Group (Pty) Ltd
Shanduka Beverages (South Africa) (Pty) Ltd
YTSM Group (Pty) Ltd
Coca-Cola Shanduka Beverages South Africa (Pty) Ltd
Shanduka Black Umbrellas Energy (Pty) Ltd
Fevertree consulting (Pty) Ltd
Grindrod (South Africa) Ltd
Fuelogic (Pty) Ltd

Rosebank                                                                             

18 July 2019

Contact information
Corporate Office The Firs Office Building 2nd Floor, Office 204 Cnr. Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office:   + 27 (0) 11 243 2900	Registered Office Suite 31 Second Floor 107 Cheapside London EC2V 6DN United Kingdom Office:   + 44 (0) 207 796 8644
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 Numis Securities Limited Nominated Adviser and Joint Broker Office: [phone]
Ciska Kloppers Questco Corporate Advisory (Proprietary) Limited JSE Sponsor Office: + 27 (0) 11 011 9200	Ross Allister/David McKeown Peel Hunt LLP Joint Broker Office: [phone]
Julian Gwillim Aprio Strategic Communications Public & Investor Relations SA Office: [phone]	Jeffrey Couch/Neil Elliot/Thomas Rider BMO Capital Markets Limited Joint Broker Office: [phone]
Bobby Morse/Chris Judd Buchanan Public & Investor Relations UK Office: [phone] [e-mail]	Website: www.panafricanresources.com