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PAN-AF:  1,127   -1 (-0.09%)  26/06/2025 17:03

PAN AFRICAN RESOURCES PLC - Directors Dealings in Securities

Release Date: 26/06/2025 10:00
Code(s): PAN PARS01 PARS02 PARS03     PDF:  
Wrap Text
Director’s Dealings in Securities

Pan African Resources PLC                             Pan African Resources Funding Company
(Incorporated and registered in England and Wales     Limited
under the Companies Act 1985 with registered          Incorporated in the Republic of South
number 3937466 on 25 February 2000)                   Africa with limited liability
Share code on AIM: PAF                                Registration number: 2012/021237/06
Share code on JSE: PAN                                Alpha code: PARI
ISIN: GB0004300496
ADR ticker code: PAFRY
("Pan African Resources" or the "Company")


DIRECTOR'S DEALINGS IN SECURITIES


DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR
CLOSELY ASSOCIATED PERSONS

The Company announces it has received notification that the Chief Executive Officer, Cobus Loots,
disposed of 125,282 ordinary shares of 1p each in Pan African Resources on 20 June 2025.

The Company also announces that it has received notification that on 20 June 2025, LTS Ventures
(Pty) Ltd, an entity associated with Cobus Loots, disposed of 299,094 ordinary shares of 1p each in
Pan African Resources.

Following these transactions, Mr Loots has an indirect beneficial interest of 5,597,154 ordinary
shares, representing 0.2396 % of the Company's issued share capital and a direct beneficial interest
of 1,448,700 ordinary shares, representing 0.0620% of the Company's issued share capital and
314,280 open long contracts for differences (CFDs).

The below information and notification are made in accordance with the EU Market Abuse
Regulation and the JSE Listings Requirements.



 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:                                 213800EAXURCXMX6RL85

 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        Ordinary shares of 1p each
      instrument, type of instrument:

                                          Identification code:
                                          GB0004300496

 b)   Nature of the transaction:          Trade 1: Disposal of shares
                                          Trade 2: Disposal of shares

 c)   Price(s) and volume(s):             Trade 1: Disposal of 125,282
                                          shares at 49 pence per share.


                                          Trade 2: Disposal of 299,094
                                          shares. VWAP ZA 1,187.46
                                          cents per share.



                                          Price(s)        Volume(s)
                                          (ZA    cents
                                          per share)

                                          1,180.00        71,378

                                          1,181.00        8,622

                                          1,190.00        167,698

                                          1,190.00        19,094

                                          1,191.00        31,890

                                          1,192.00        412

 d)   Aggregated information:             Trade 1: Disposal value of
                                          GBP61,388.18
                                          Trade 2: Disposal value of
                                          ZAR3,551,631.96

 e)   Dates of the transactions:         Trade 1: 20 June 2025
                                         Trade 2: 20 June 2025

 f)   Place of the transaction:          Trade 1: London SETS
                                         Trade 2: Johannesburg Stock
                                         Exchange

Additional information disclosed in accordance with the JSE Listings Requirements:

 a)     Nature of interest of executive:                      Trade 1: Direct beneficial
                                                              Trade 2: Indirect beneficial

 b)     On-market or off-market:                              Trade 1: On-market
                                                              Trade 2: On-market

 c)     Clearance given in terms of paragraph 3.66 of the     Yes
        JSE Listings Requirements:

 d)     Total value of transactions                           Trade 1: GBP61,388.18
                                                              Trade 2: ZAR3,551,631.96

 e)     Holding following transactions:                       Indirect beneficial 5,597,154
                                                              ordinary shares
                                                              Direct beneficial 1,448,700
                                                              ordinary shares
                                                              314,280 open long CFDs



Johannesburg

26 June 2025

For further information on Pan African, please visit the Company's website at

www.panafricanresources.com



 Corporate information
 Corporate Office                                     Registered Office
 The Firs Building                                    107 Cheapside, 2nd Floor
 2nd Floor, Office 204                                London, EC2V 6DN
 Corner Cradock and Biermann Avenues                  United Kingdom
 Rosebank, Johannesburg                               Office: + 44 (0)20 3869 0706
 South Africa                                         jane.kirton@corpserv.co.uk
 Office: + 27 (0)11 243 2900
 info@paf.co.za
 
 Chief Executive Officer                              Financial Director and debt officer
 Cobus Loots                                          Marileen Kok
 Office: + 27 (0)11 243 2900                          Office: + 27 (0)11 243 2900
 Head: Investor Relations                             Website: www.panafricanresources.com

 Hethen Hira
 Tel: + 27 (0)11 243 2900
 E-mail: hhira@paf.co.za

 Company Secretary                                    Nominated Adviser and Joint Broker
 Jane Kirton                                          Ross Allister/Georgia Langoulant
 St James's Corporate Services Limited                Peel Hunt LLP
 Office: + 44 (0)20 3869 0706                         Office: +44 (0)20 7418 8900

 JSE Sponsor & JSE Debt Sponsor                       Joint Broker
 Ciska Kloppers                                       Thomas Rider/Nick Macann
 Questco Corporate Advisory Proprietary Limited       BMO Capital Markets Limited
 Office: + 27 (0) 63 482 3802                         Office: +44 (0)20 7236 1010
                                                  
                                                      Joint Broker
                                                      Matthew Armitt/Jennifer Lee
                                                      Joh. Berenberg, Gossler & Co KG (Berenberg)
                                                      Office: +44 (0)20 3207 7800

Date: 26-06-2025 10:00:00
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