Pan African Resources Plc Director/PDMR Shareholding
April 01 2021 - 6:00AM
UK Regulatory
TIDMPAF
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 30 and 31 March
2021, LTS Ventures (Pty) Ltd, an entity associated with Chief Executive Officer
Cobus Loots, bought 1,279,045 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 4,717,180 ordinary
shares, representing 0.2111% 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/ Initial notification
Amendment:
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 Ordinary shares of 1p
financial instrument, type each
of instrument:
Identification code:
GB0004300496
b) Nature of the transaction: Trade 1:
Acquisition of ordinary
shares by an associate
of Cobus Loots, namely
LTS Ventures (Pty) Ltd,
of which he is the sole
director
Trade 2:
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): Trade 1:
639,570 ordinary shares
VWAP ZA 316.49 cents per
share
Low ZA 313.00 cents per
share
High ZA 320.00 cents per
share
Trade 2:
639,475 ordinary shares
VWAP ZAR 316.64 cents
per share
Low ZAR 314.00 cents per
share
High ZAR 318.00 cents
per share
d) Aggregated information: Trade 1:
ZAR 2,024,175.09 for
ordinary shares
Trade 2:
ZAR 2,024,833.64 for
ordinary shares
e) Dates of the transactions: Trade 1:
30 March 2021
Trade 2:
31 March 2021
f) Place of the transaction: Johannesburg Stock
Exchange
Additional information disclosed in accordance with the JSE Listings
Requirements:
a) Nature of interest of executive: Trade 1:
Indirect beneficial
Trade 2:
Indirect beneficial
b) On-market or off-market: On-market
c) Clearance given in terms of paragraph 3.66 Yes
of the JSE Listings Requirements:
d) Holding following transactions: Indirect beneficial 4,717,180
ordinary shares
Direct beneficial 1,571,747
ordinary shares
114,280 open CFDs
Johannesburg
1 April 2021
Sponsor: Questco Corporate Advisory Proprietary Limited
END
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