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 it has received notification that on
1 October 2021, Chairman and
independent non-executive director Keith
Spencer, transferred 3,000,000 ordinary shares of 1p each in
Pan African Resources between nominee accounts with no change in
beneficial interest.
Following this transaction, which is detailed in the PDMR
Notification Dealing Form below, Mr Spencer has a direct beneficial
interest of 3,000,000 ordinary shares, representing 0.1342% of the
Company's issued share capital.
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: |
Keith Spencer |
| 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: |
Transfer of shares
between nominee accounts with no change in beneficial
interest. |
| c) |
|
Price(s)
and volume(s):
|
Price:
Not applicable
Volume: 3,000,000 ordinary shares |
| d) |
|
Aggregated
information: |
Not applicable – single
transaction |
| e) |
|
Dates of the
transactions: |
30 September 2021 |
| f) |
|
Place of the
transaction: |
Outside of a trading venue |
Johannesburg
1 October 2021
Sponsor: Questco Corporate Advisory Proprietary Limited