Pan African Resources Plc - Director/PDMR Shareholding

        
          Pan African Resources PLC
        

(Incorporated and registered in England
and Wales under the Companies Act 1985     Pan African Resources Funding Company
with registered number 3937466 on 25       Limited
February 2000)
                                           Incorporated in the Republic of South
Share code on AIM: PAF                     Africa with limited liability

Share code on JSE: PAN                     Registration number: 2012/021237/06

ISIN: GB0004300496                         Alpha code: PARI

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.

 

 ______________________________________________________________________________
|  ||Details of the person discharging    |                                    |
|1.||managerial responsibilities/person   |                                    |
|  ||closely associated                   |                                    |
|__||_____________________________________|____________________________________|
|a)||Name:                                |Cobus Loots                         |
|__||_____________________________________|____________________________________|
|  ||Reason for the notification          |                                    |
|2.||                                     |                                    |
|__||_____________________________________|____________________________________|
|a)||Position/status:                     |Chief Executive Officer             |
|__||_____________________________________|____________________________________|
|b)||Initial notification/Amendment:      |Initial notification                |
|__||_____________________________________|____________________________________|
|  ||Details of the issuer, emission      |                                    |
|  ||allowance market participant, auction|                                    |
|3.||platform, auctioneer or auction      |                                    |
|  ||monitor                              |                                    |
|__||_____________________________________|____________________________________|
|a)||Company name:                        |Pan African Resources PLC           |
|__||_____________________________________|____________________________________|
|b)||LEI:                                 |213800EAXURCXMX6RL85                |
|__||_____________________________________|____________________________________|
|  ||Details of the transaction(s):       |                                    |
|  ||section to be repeated for (i) each  |                                    |
|  ||type of instrument; (ii) each type of|                                    |
|4.||transaction; (iii) each date; and    |                                    |
|  ||(iv) each place where transactions   |                                    |
|  ||have been conducted                  |                                    |
|__||_____________________________________|____________________________________|
|  ||Description of the financial         |Ordinary shares of 1p each          |
|a)||instrument, type of instrument:      |                                    |
|  ||                                     |Identification code: GB0004300496   |
|__||_____________________________________|____________________________________|
|  ||                                     |Trade 1: Disposal of shares         |
|b)||Nature of the transaction:           |                                    |
|  ||                                     |Trade 2: Disposal of shares         |
|__||_____________________________________|____________________________________|
|  ||                                     |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)|         |    |
|  ||                                     ||____________________|_________|    |
|c)||Price(s) and volume(s):              ||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      |    |
|  ||                                     ||____________________|_________|    |
|__||_____________________________________|____________________________________|
|  ||                                     |Trade 1: Disposal value of          |
|  ||                                     |GBP61,388.18                        |
|d)||Aggregated information:              |                                    |
|  ||                                     |Trade 2: Disposal value of          |
|  ||                                     |ZAR3,551,631.96                     |
|__||_____________________________________|____________________________________|
|  ||                                     |Trade 1: 20 June 2025               |
|e)||Dates of the transactions:           |                                    |
|  ||                                     |Trade 2: 20 June 2025               |
|__||_____________________________________|____________________________________|
|  ||                                     |Trade 1: London SETS                |
|f)||Place of the transaction:            |                                    |
|  ||                                     |Trade 2: Johannesburg Stock Exchange|
|__||_____________________________________|____________________________________|


 

Additional information disclosed in accordance with the JSE Listings Requirements:

 _____________________________________________________________________________
|  |                                     |Trade 1: Direct beneficial          |
|a)|Nature of interest of executive:     |                                    |
|  |                                     |Trade 2: Indirect beneficial        |
|__|_____________________________________|____________________________________|
|  |                                     |Trade 1: On-market                  |
|b)|On-market or off-market:             |                                    |
|  |                                     |Trade 2: On-market                  |
|__|_____________________________________|____________________________________|
|  |Clearance given in terms of paragraph|                                    |
|c)|3.66 of the JSE Listings             |Yes                                 |
|  |Requirements:                        |                                    |
|__|_____________________________________|____________________________________|
|  |                                     |Trade 1: GBP61,388.18               |
|d)|Total value of transactions          |                                    |
|  |                                     |Trade 2: ZAR3,551,631.96            |
|__|_____________________________________|____________________________________|
|  |                                     |Indirect beneficial 5,597,154       |
|  |                                     |ordinary shares                     |
|  |                                     |                                    |
|e)|Holding following transactions:      |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                      |                                    |
|                                      |                                    |
|The Firs Building                     |Registered Office                   |
|                                      |                                    |
|2nd Floor, Office 204                 |107 Cheapside, 2nd Floor            |
|                                      |                                    |
|Corner Cradock and Biermann Avenues   |London, EC2V 6DN                    |
|                                      |                                    |
|Rosebank, Johannesburg                |United Kingdom                      |
|                                      |                                    |
|South Africa                          |Office: + 44 (0)20 3869 0706        |
|                                      |                                    |
|Office: + 27 (0)11 243 2900           |jane.kirton@corpserv.co.uk          |
|                                      |                                    |
|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              |                                    |
|                                      |                                    |
|Hethen Hira                           |Website: www.panafricanresources.com|
|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|BMO Capital Markets Limited         |
|Limited                               |                                    |
|                                      |Office: +44 (0)20 7236 1010         |
|Office: + 27 (0) 63 482 3802          |                                    |
|______________________________________|____________________________________|
|                                      |Joint Broker                        |
|                                      |                                    |
|                                      |Matthew Armitt/Jennifer Lee         |
|                                      |                                    |
|                                      |Joh. Berenberg, Gossler & Co KG     |
|                                      |(Berenberg)                         |
|                                      |                                    |
|                                      |Office: +44 (0)20 3207 7800         |
|______________________________________|____________________________________|