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PAN-AF:  1,834   +54 (+3.03%)  15/09/2025 19:00

PAN AFRICAN RESOURCES PLC - Directors Dealings in Securities

Release Date: 15/09/2025 16:30
Code(s): PAN PARS03 PARS01 PARS02     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 100,000 ordinary shares of 1p each in Pan African Resources and settled 150,000 long
contracts for difference (CFDs), on 10 September 2025.

The Company also announces that it has received notification that on 10 September 2025, LTS
Ventures (Pty) Ltd, an entity associated with Cobus Loots, disposed of 500,000 ordinary shares of
1p each in Pan African Resources.

Following these transactions, Mr Loots has an indirect beneficial interest of 5,097,154 ordinary
shares, representing 0.2184 % of the Company's issued share capital and a direct beneficial interest
of 1,348,700 ordinary shares, representing 0.0578% of the Company's issued share capital and
164,280 open long 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
                                       Trade 3: Closure of long CFD position

c)   Price(s) and volume(s):           Trade 1: Disposal of 100,000 shares at 76.2 pence per
                                       share.

                                       Trade 2: Disposal of 500,000 shares at ZA 1819 cents
                                       per share.

                                       Trade 3: Settlement of 150,000 CFDs
                                       Closed price 76.123 pence per share

d)   Aggregated information:           Trade 1: Disposal value of GBP76,200
                                       Trade 2: Disposal value of ZAR9,095,000
                                       Trade 3: GBP 115,478.45 trade profit (excl. costs)
                                       earned on the settlement of the CFDs

e)   Dates of the transactions:        Trade 1: 10 September 2025
                                       Trade 2: 10 September 2025
                                       Trade 3: 10 September 2025

f)   Place of the transaction:         Trade 1: London SETS
                                       Trade 2: Johannesburg Stock Exchange
                                       Trade 3: London SETS

Additional information disclosed in accordance with the JSE Listings Requirements:

a)     Nature of interest of executive:                      Trade 1: Direct beneficial
                                                             Trade 2: Indirect beneficial
                                                             Trade 3: Direct beneficial

b)     On-market or off-market:                              Trade 1: On-market
                                                             Trade 2: On-market
                                                             Trade 3: On-market

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

d)     Total value of transactions                           Trade 1: GBP76,200
                                                             Trade 2: ZAR9,095,000
                                                             Trade 3: GBP 115,478.45 profit on
                                                             trades

e)     Holding following transactions:                       Indirect beneficial 5,097,154
                                                             ordinary shares
                                                             Direct beneficial 1,348,700
                                                             ordinary shares
                                                             164,280 open long CFDs



Johannesburg

15 September 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: 15-09-2025 04:30:00
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