Last checked at 3 Mar 2009 08:00
Regulatory announcement Company Pan African Resources plc TIDM PAF Headline Additional Listing on AIM and the JSE Released 3 March 2009 Pan African Resources PLC (`Pan African' or the `Company')
(Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000) Share code on AIM: PAF Share code on JSE: PAN ISIN: GB0004300496 Additional Listing on AIM and JSE
In connection with the purchase of 90% of the licence rights of the Akrokerri Exploration Property in southern Ghana as announced on 28 June 2007, the Company has issued and allotted 12,000,000 ordinary shares of 1p each to SEMS Exploration Services Limited and Birim Goldfields (Ghana) Limited.
Application will be made for the new shares to be admitted to trading on AIM and the JSE Limited ("JSE"). Admission on AIM and listing on the JSE is expected to occur on 6 March 2009.
Following this issue the Company now has an issued share capital of 1,112,589,162 ordinary shares of 1p each.
ENDS Enquiries:Pan African ResourcesJan Nelson, CEO+27 (0) 11 243 2900Keith Spencer, Chairman+27 (0) 11 880 3155
Nicole Spruijt, Public Relations
+27 (0) 11 243 2900RBC Capital MarketsMartin Eales+44 (0) 20 7029 7881
Macquarie First South Advisers (Pty) Limited
Thato Morojele+27 (0) 11 583 2379Annerie Britz+27 (0) 11 583 2328Melanie de Nysschen+27 (0) 11 583 2316
St James's Corporate Services Limited
Phil Dexter
+44 (0) 20 7499 3916
FDBeachhead Media & Investor Relations
Jennifer Cohen+27 (0) 11 214 2401Louise Brugman+27 (0) 83 504 1186
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