Pan African Resources PLC
(Incorporated and registered in
England and Wales under the UK Companies Act 2006 with
registration 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 that it has received notification that
independent non-executive director, Thabo Mosololi, bought 50,000
ordinary shares of 1p each in Pan African Resources on 21 September 2021.
Following this transaction, which is detailed in the PDMR
Notification Dealing Form below, Mr Mosololi has a direct
beneficial interest of 160,000 ordinary shares, representing
0.0072% 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: |
Thabo Mosololi |
2.
|
Reason for the
notification |
|
a) |
Position/status: |
Independent
non-executive director |
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 instrument: |
Ordinary
shares of 1p each
Identification code: GB0004300496 |
b) |
Nature of the
transaction: |
Acquisition of ordinary
shares |
c) |
Price(s)
and volume(s): |
50,000
ordinary shares
at ZA 315 cents per share |
d) |
Aggregated
information: |
ZAR 157,500.00 |
e) |
Date of the
transaction: |
21 September 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: |
Direct beneficial |
b) |
On-market or
off-market: |
On-market |
c) |
Clearance given in
terms of paragraph 3.66 of the JSE Listings Requirements: |
Yes |
d) |
Holding following
transactions: |
Direct beneficial
160,000 ordinary shares |
Johannesburg
22 September 2021
Sponsor: Questco Corporate Advisory Proprietary
Limited