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”)
DIRECTOR’S 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: |
Keith Cousens Spencer |
| 2. |
Reason for the notification |
|
| a) |
Position/status: |
Chairman |
| 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 of 1pence each
Identification code: GB0004300496 |
| b) |
Nature of the transactions: |
Share Transfer from the Strode Trust into the name of KC Spencer |
| c) |
Price(s) and volume(s):
|
| Price(s) |
Volume(s) |
| N/A |
3,000,000 |
|
| d) |
Aggregated information: |
| Total |
Volume(s) |
| N/A |
3,000,000 |
|
| e) |
Date of the transaction: |
17 October 2018 |
| f) |
Place of the transaction: |
Outside a Trading Venue |
Additional information disclosed in accordance with the JSE Listings Requirements:
| a) |
Nature of interest of executive: |
Direct Beneficial |
| b) |
On-market or off-market: |
Off-market |
| c) |
Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements: |
Yes |
| d) |
Holding following transactions: |
3,000,000 |
| e) |
Deemed value: |
ZAR5,250,000 |
Johannesburg
19 October 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 |
Taryn Carter
One Capital
JSE Sponsor
Office: + 27 (0) 11 550 5030 |
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 |