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Director’s dealings in securities
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
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 on 12 November 2020, LTS
Ventures (Pty) Ltd, an entity associated with Chief Executive Officer Cobus Loots, bought
387,200 ordinary shares of 1p each in Pan African Resources.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below,
Mr Loots has an indirect beneficial interest of 3,438,135 ordinary shares, representing
0.1539% of the Company's issued share capital and a direct beneficial interest of 1,571,747
ordinary shares, representing 0.0703% of the Company's issued share capital and 114,280
open CFDs.
The below information and notification is made in accordance with the EU Market Abuse
Regulation.
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: Acquisition of ordinary shares
by an associate of Cobus
Loots, namely LTS Ventures
(Pty) Ltd, of which he is the
sole director
c) Price(s) and volume(s): 387,200 ordinary shares
VWAP ZA 423.57 cents per
share
Low ZA 412.00 cents per share
High ZA 436.00 cents per share
d) Aggregated information: ZAR 1,640,063.04
e) Date of the transaction: 12 November 2020
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings Requirements:
a) Nature of interest of executive: Indirect beneficial
b) On-market or off-market: On-market
c) Clearance given in terms of paragraph 3.66 of the Yes
JSE Listings Requirements:
d) Holding following transactions: Indirect beneficial 3,438,135
ordinary shares
Direct beneficial 1,571,747
ordinary shares
114,280 open CFDs
Johannesburg
16 November 2020
Sponsor: Questco Corporate Advisory Proprietary Limited
Date: 16-11-2020 02:01:00
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