5 Oct 2016 16:30
PAN AFRICAN RESOURCES PLC - Director/PDMR ShareholdingPAN AFRICAN RESOURCES PLC - Director/PDMR Shareholding
PR Newswire
London, October 5
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
("Pan African" or the “Company”)
DIRECTORS’ DEALINGS IN SECURITIES
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name: | Cobus Loots | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status: | Chief Executive Officer | ||||
| 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: | Not applicable | ||||
| 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: | Acquisition of ordinary shares | ||||
| c) | Price(s) and volume(s): 5 October 2016 |
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| d) | Aggregated information: |
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| e) | Date of the transaction: | 5 October 2016 | ||||
| f) | Place of the transaction: | Johannesburg Stock Exchange |
Additional information disclosed in accordance with the JSE Listings Requirements:
| a) | Nature of interest of executive: | Beneficial |
| b) | On-market or off-market: | On-market |
| c) | Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements: | Yes |
| d) | Holding following transactions: | 560,675 |
Correction of announcement dated 28 September 2016 and confirmation of historical share purchases by the executive directors in line with Market Abuse Regulations requirements of AIM listed companies and submission to the Financial Conduct Authority:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||
| a) | Name: | Cobus Loots | ||||||||||||
| 2. | Reason for the notification | |||||||||||||
| a) | Position/status: | Chief Executive Officer | ||||||||||||
| b) | Initial notification/Amendment: | Amendment | ||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
| a) | Company name: | Pan African Resources PLC | ||||||||||||
| b) | LEI: | Not applicable | ||||||||||||
| 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: | Acquisition of ordinary shares | ||||||||||||
| c) | Price(s) and volume(s): 27 September 2016 28 September 2016 |
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| d) | Aggregated information: |
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| e) | Date of the transaction: | 27-28 September 2016 | ||||||||||||
| f) | Place of the transaction: | Johannesburg Stock Exchange |
Additional information disclosed in accordance with the JSE Listings Requirements:
| a) | Nature of interest of executive: | Beneficial |
| b) | On-market or off-market: | On-market |
| c) | Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements: | Yes |
| d) | Holding following transactions on 28 September 2016: | 480, 184 |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||
| a) | Name: | Deon Louw | ||||||||||||||
| 2. | Reason for the notification | |||||||||||||||
| a) | Position/status: | Financial Director | ||||||||||||||
| b) | Initial notification/Amendment: | Clarification | ||||||||||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||
| a) | Company name: | Pan African Resources PLC | ||||||||||||||
| b) | LEI: | Not applicable | ||||||||||||||
| 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: | Acquisition of ordinary shares | ||||||||||||||
| c) | Price(s) and volume(s): 27 September 2016 |
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| d) | Aggregated information: |
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| e) | Date of the transaction: | 27 September 2016 | ||||||||||||||
| f) | Place of the transaction: | Johannesburg Stock Exchange |
Additional information disclosed in accordance with the JSE Listings Requirements:
| a) | Nature of interest of executive: | Beneficial |
| b) | On-market or off-market: | On-market |
| c) | Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements: | Yes |
| d) | Holding following transactions on 28 September 2016: | 137, 450 |
Johannesburg
5 October 2016
CONTACT INFORMATION
Corporate Office
The Firs Office Building
1st Floor, Office 101
Cnr. Cradock and Biermann Avenues
Rosebank, Johannesburg
South Africa
Office: + 27 (0) 11 243 2900
Facsimile: + 27 (0) 11 880 1240
Registered Office
Suite 31
Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Office: + 44 (0) 207 796 8644
Facsimile: + 44 (0) 207 796 8645
Cobus Loots Deon Louw
Pan African Resources PLC Pan African Resources PLC
Chief Executive Officer Financial Director
Office: + 27 (0) 11 243 2900 Office: + 27 (0) 11 243 2900
Phil Dexter John Prior / Paul Gillam
St James's Corporate Services Limited Numis Securities Limited
Company Secretary Nominated Adviser and Joint Broker
Office: + 44 (0) 207 796 8644 Office: +44 (0) 20 7260 1000
Sholto Simpson Matthew Armitt / Ross Allister
One Capital Peel Hunt LLP
JSE Sponsor Joint Broker
Office: + 27 (0) 11 550 5009 Office: +44 (0) 207 418 8900
Julian Gwillim Daniel Thöle
Aprio Strategic Communications Bell Pottinger PR
Public & Investor Relations SA Public & Investor Relations UK
Office: +27 (0)11 880 0037 Office: + 44 (0) 203 772 2500
Jeffrey Couch/Neil Haycock/Thomas Rider
BMO Capital Markets Limited
Joint Broker
Office: +44 (0) 207 236 1010
www.panafricanresources.com
Pan African (PAF)