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Director/PDMR Shareholding

25 Feb 2013 07:00

PAN AFRICAN RESOURCES PLC - Director/PDMR Shareholding

PAN AFRICAN RESOURCES PLC - Director/PDMR Shareholding

PR Newswire

London, February 24

Pan African Resources PLC

(Incorporated and registered in England and Wales under Companies Act 1985 withregistered number 3937466 on 25 February 2000)

AIM Code: PAFJSE Code: PANISIN: GB0004300496

("Pan African" or "the Company")

DIRECTOR'S DEALING

The Company was notified on 21 February 2013 that, on 21 February 2013, Mr J PNelson sold 135,600 ordinary shares (in which he had a direct beneficialinterest) of 1 pence each in the Company ("Shares"), at a price of ZAR2.65 perShare, for a total consideration of ZAR359,340.

Following this on-market transaction, Mr Nelson has a direct beneficialinterest in 1,000,000 Shares, representing 0.05% of the issued share capital ofthe Company.

In compliance with paragraph 3.66 of the JSE Limited Listings Requirements,prior clearance to deal in the above securities was obtained.

Johannesburg25 February 2013JSE SponsorOne CapitalPAN AFRICAN ENQUIRIES South Africa UKPan African Resources Canaccord Genuity Limited - Nomad and Joint BrokerJan Nelson, Chief Executive Andrew Chubb / Peter Stewart / Sebastian Jones /Officer Joe Weaving+27 (0) 11 243 2900 +44 (0) 20 7523 8350One Capital finnCap Limited - Joint Broker Sholto Simpson / Megan Young Elizabeth Johnson / Joanna Weaving+27 (0) 11 550 5000 +44 (0) 20 7220 0500Vestor Investor Relations St James's Corporate Services Limited Louise Brugman Phil Dexter+27 (0) 11 787 3015 +44 (0) 20 7499 3916+27 83 504 1186 Gable Communications Justine James +44 (0) 20 7193 7463 / +44 (0) 7525 324431

For further information on Pan African, please visit the website atwww.panafricanresources.com

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