TIDMPAF 
 
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 Financial Director, 
Deon Louw, bought 220,000 ordinary shares of 1p each in Pan African Resources 
on 15 September 2021. 
 
Following this transaction, which is detailed in the PDMR Notification Dealing 
Form below, Mr Louw has an indirect beneficial interest of 3,122,349 ordinary 
shares, representing 0.1397% of the Company's issued share capital and a direct 
beneficial interest of 758,112 ordinary shares, representing 0.0339% 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:                                      Deon Louw 
 
2.    Reason for the notification 
 
a)    Position/status:                           Finance 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,   Ordinary shares of 1p each 
      type of instrument: 
                                                 Identification code: 
                                                 GB0004300496 
 
b)    Nature of the transaction:                 Acquisition of ordinary 
                                                 shares 
 
c)    Price(s) and volume(s):                    220,000 ordinary shares 
                                                 VWAP ZA 341.54 cents per 
                                                 share 
                                                 Low ZA 340.00 cents per share 
                                                 High ZA 345.00 cents per 
                                                 share 
 
d)    Aggregated information:                    ZAR 751,398.67 
 
e)    Dates of the transaction:                  15 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 Yes 
      of the JSE Listings Requirements: 
 
d)    Holding following transactions:            Indirect beneficial 3,122,349 
                                                 ordinary shares, 
                                                 Direct beneficial 758,112 
                                                 ordinary shares 
 
Johannesburg 
 
16 September 2021 
 
Sponsor: Questco Corporate Advisory Proprietary Limited 
 
 
 
END 
 
 

(END) Dow Jones Newswires

September 16, 2021 08:00 ET (12:00 GMT)

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