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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”)
PRESCRIBED OFFICER’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 Executive: Shared Services, Niel
Symington, bought 10,000 ordinary shares of 1p each in Pan African Resources on 9 November
2023, and 20,000 ordinary shares of 1p each in Pan African Resources on 10 November 2023.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr
Symington has a direct beneficial interest of 30,000 ordinary shares, representing 0.0013% of the
Company's issued share capital.
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: Niel Symington
2. Reason for the notification
a) Position/status: Executive: Shared Services
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 instrument, type of Ordinary shares of 1p each
instrument:
Identification code: GB0004300496
b) Nature of the transaction: Acquisition of ordinary shares
c) Price(s) and volume(s): Trade 1:
Price(s) Volume(s)
(ZA cents per
share)
366.00 5,000
367.00 5,000
Trade 2:
Price(s) Volume(s)
(ZA cents per
share)
366.00 10,000
367.00 10,000
d) Aggregated information: Trade 1: 10,000 ordinary shares
VWAP ZA 366.50 cents per share
Trade 2: 20,000 ordinary shares
VWAP ZA 366.50 cents per share
e) Dates of the transaction: Trade 1: 9 November 2023
Trade 2: 10 November 2023
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings Requirements:
a) Nature of interest of executive: Direct 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) Total value of transaction Trade 1: ZAR 36,650
Trade 2: ZAR 73,300
e) Holding following transactions: Direct beneficial 30,000 ordinary
shares
Johannesburg
10 November 2023
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 2nd Floor
2nd Floor, Office 204 107 Cheapside
Corner Cradock and Biermann Avenues London
Rosebank, Johannesburg EC2V 6DN
South Africa United Kingdom
Office: + 27 (0) 11 243 2900 Office: + 44 (0) 20 7796 8644
info@paf.co.za info@paf.co.za
Chief executive officer Financial director and debt officer
Cobus Loots Deon Louw
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/Bhavesh Patel
St James's Corporate Services Limited Peel Hunt LLP
Office: + 44 (0) 20 7796 8644 Office: +44 (0) 20 7418 8900
JSE sponsor Joint broker
Ciska Kloppers Thomas Rider/Nick Macann
Questco Corporate Advisory Proprietary Limited BMO Capital Markets Limited
Office: + 27 (0) 11 011 9200 Office: +44 (0) 20 7236 1010
Joint broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler & Co KG (Berenberg)
Office: +44 (0) 20 3207 7800
