Pan African Resources Plc Director/PDMR Shareholding
June 10 2021 - 8:30AM
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 8 June 2021, Figit
(Pty) Ltd, an entity associated with Finance Director Deon Louw, bought 198,734
ordinary shares of 1p each in Pan African Resources and on 9 June 2021 Mr Deon
Louw sold 150,000 ordinary shares of 1p each in Pan African Resources for his
personal account.
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 538,112 ordinary shares, representing 0.0241% of the
Company's issued share capital.
The below information and notification are made in accordance with the EU
Market Abuse Regulation.
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: Trade 1:
Acquisition of ordinary
shares by an associate of
Deon Louw, namely Figit (Pty)
Ltd, of which he is the sole
director
Trade 2:
Disposal of ordinary shares
for his personal account
c) Price(s) and volume(s): Trade 1:
198,734 ordinary shares
at ZA 392.53 cents per share
Trade 2:
150,000 ordinary shares
at ZA 380.72 cents per share
d) Aggregated information: Trade 1:
ZAR 780,090.57
Trade 2:
ZAR 571,080.00
e) Dates of the transaction: Trade 1:
8 June 2021
Trade 2:
9 June 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:
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 538,112
ordinary shares
Johannesburg
10 June 2021
Sponsor: Questco Corporate Advisory Proprietary Limited
END
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