24 Feb 2010 15:47
Pan African Resources plc
(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)
Share code on AIM: PAFShare code on JSE: PANISIN: GB0004300496(`Pan African')
DIRECTOR'S DEALING IN SECURITIES
In compliance with the requirements of rule 3.63 to 3.66 of the JSE Listings Requirements and rule 17 of the AIM Rules, the following information is disclosed:
Name of Director : JAJ LootsCompany : Pan African
Position held : Financial Director
Date of transaction : 24 February 2010
No of shares : 130,000
Class : Ordinary shares of 1p each
Price : 76 cents per share
Total amount : R98,800
Nature of transaction : Purchase of shares
Extent of interest : Direct beneficial
Prescribed clearance given : Yes
Following this transaction, Mr Loots has an interest in 130,000 ordinary shares (representing less than 0.01% of the current issued share capital).
Johannesburg24 February 2010JSE Sponsor
Macquarie First South Advisers (Pty) Limited
AIM Nomad and Broker
RBC Capital Markets
For further information on Pan African Resources plc, please visit the website at www.panafricanresources.com
Enquiries:
Pan African Resources +27 (0) 11 243 2900 Jan Nelson, Chief Executive Officer Nicole Spruijt, Public Relations +27 (0) 11 243 2900
RBC Capital Markets +44 (0) 20 7029 7881 Martin Eales
Macquarie First South (Pty) Ltd +27 (0) 11 583 2000 Melanie de Nysschen / Thembeka Mgoduso St James's Corporate Services Limited +44 (0) 20 7499 3916
Phil Dexter
vendor
Pan African Resources (PAF)