ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

PAF.GB Pan African Resources Plc

24.00
0.50 (2.13%)
26 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Pan African Resources Plc AQSE:PAF.GB Aquis Stock Exchange Ordinary Share GB0004300496 Ordinary Shares 1p
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 2.13% 24.00 23.00 25.00 24.7225 23.50 23.50 42,749 16:29:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pan African Resources Plc Director/PDMR Shareholding

30/05/2023 7:00am

UK Regulatory


 
TIDMPAF 
 
Pan African    Pan African Resources Funding 
Resources PLC  Company Limited 
 
(Incorporated  Incorporated in the Republic of 
and            South Africa with limited 
registered in  liability 
England and 
Wales under    Registration number: 
the Companies  2012/021237/06 
Act 1985 with 
registered     Alpha code: PARI 
number 
3937466 on 25 
February 
2000) 
 
Share code on 
AIM: PAF 
 
Share code on 
JSE: 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 Financial Director, Deon 
Louw, bought 230,000 ordinary shares of 1p each in Pan African Resources on 26 
May 2023. 
 
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 0.1405% of the Company's issued share capital and a direct 
beneficial interest of 988,112 ordinary shares, representing 0.0445% of the 
Company's issued share capital. 
 
The below information and notification are made in accordance with the EU Market 
Abuse Regulation and the JSE Listings Requirements. 
 
+--------------------+-----------------------+---------------------------------+ 
|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                |Initial notification             | 
|                    |notification/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:                   |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     |Ordinary shares of 1p each       | 
|                    |financial instrument,  |                                 | 
|                    |type of instrument:    |Identification code: GB0004300496| 
+--------------------+-----------------------+---------------------------------+ 
|b)                  |Nature of the          |Acquisition of ordinary shares   | 
|                    |transaction:           |                                 | 
+--------------------+-----------------------+---------------------------------+ 
|c)                  |Price(s) and volume(s):|                                 | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||Price(s)            |Volume(s)| | 
|                    |                       ||                    |         | | 
|                    |                       ||(ZA cents per share)|         | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||325.00              |3,000    | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||326.00              |50,000   | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||327.00              |10,000   | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||327.00              |15,000   | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||330.00              |100,000  | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||330.00              |20,000   | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||332.00              |15,000   | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||333.00              |7,000    | | 
|                    |                       |+--------------------+---------+ | 
|                    |                       ||334.00              |10,000   | | 
|                    |                       |+--------------------+---------+ | 
+--------------------+-----------------------+---------------------------------+ 
|d)                  |Aggregated information:|230,000 ordinary shares          | 
|                    |                       |                                 | 
|                    |                       |VWAP ZA 329.13 cents per share   | 
+--------------------+-----------------------+---------------------------------+ 
|e)                  |Dates of the           |26 May 2023                      | 
|                    |transaction:           |                                 | 
+--------------------+-----------------------+---------------------------------+ 
|f)                  |Place of the           |Johannesburg Stock Exchange      | 
|                    |transaction:           |                                 | 
+--------------------+-----------------------+---------------------------------+ 
 
Additional information disclosed in accordance with the JSE Listings 
Requirements: 
 
+--+--------------------------------------+-----------------------+ 
|a)|Nature of interest of executive:      |Direct beneficial      | 
+--+--------------------------------------+-----------------------+ 
|b)|On-market or off-market:              |On-market              | 
+--+--------------------------------------+-----------------------+ 
|c)|Clearance given in terms of paragraph |Yes                    | 
|  |3.66 of the JSE Listings Requirements:|                       | 
+--+--------------------------------------+-----------------------+ 
|d)|Total value of transaction            |ZAR 757,010.00         | 
+--+--------------------------------------+-----------------------+ 
|e)|Holding following transactions:       |Indirect beneficial    | 
|  |                                      |3,122,349 ordinary     | 
|  |                                      |shares,                | 
|  |                                      |                       | 
|  |                                      |Direct beneficial      | 
|  |                                      |988,112 ordinary shares| 
+--+--------------------------------------+-----------------------+ 
 
Johannesburg 
 
30 May 2023 
 
For further information on Pan African, please visit the Company's website at 
 
www.panafricanresources.com 
 
+----------------------------------------------+-------------------------------- 
-------------+ 
|Corporate information 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
|Corporate office                              |Registered office 
| 
|                                              | 
| 
|The Firs Office Building                      |2nd Floor 
| 
|                                              | 
| 
|2nd Floor, Office 204                         |107 Cheapside 
| 
|                                              | 
| 
|Cnr. Cradock and Biermann Avenues             |London 
| 
|                                              | 
| 
|Rosebank, Johannesburg                        |EC2V 6DN 
| 
|                                              | 
| 
|South Africa                                  |United Kingdom 
| 
|                                              | 
| 
|Office: + 27 (0)11 243 2900                   |Office: + 44 (0)20 7796 8644 
| 
|                                              | 
| 
|info@paf.co.za                                |info@paf.co.za 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
|Chief executive officer                       |Financial director 
| 
|                                              | 
| 
|Cobus Loots                                   |Deon Louw 
| 
|                                              | 
| 
|Office: + 27 (0)11 243                        |Office: + 27 (0)11 243 
| 
|2900 
|2900                                         | 
+----------------------------------------------+-------------------------------- 
-------------+ 
|Head: Investor relations                      |Website: 
www.panafricanresources.com         | 
|                                              | 
| 
|Hethen Hira                                   | 
| 
|Tel: + 27 (0)11 243 2900                      | 
| 
|E-mail: hhira@paf.co.za                       | 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
|Company secretary                             |Nominated adviser and joint 
broker           | 
|                                              | 
| 
|Jane Kirton                                   |Ross Allister/David McKeown 
| 
|                                              | 
| 
|St James's Corporate Services Limited         |Peel Hunt LLP 
| 
|                                              | 
| 
|Office: + 44 (0)20 7796 8644                  |Office: +44 (0)20 7418 8900 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
|JSE Sponsor and JSE debt sponsor              |Joint broker 
| 
|                                              | 
| 
|Ciska Kloppers                                |Thomas Rider/Nick Macann 
| 
|                                              | 
| 
|Questco Corporate Advisory Proprietary        |BMO Capital Markets Limited 
| 
|Limited                                       | 
| 
|                                              |Office: +44 (0)20 7236 1010 
| 
|Office: + 27 (0)11 011                        | 
| 
|9200 (https://www.google.co.za/search?q=questc| 
| 
|                                              | 
| 
|o                                             | 
| 
|&rlz=1C1EJFC_enZA816ZA818&oq=q                | 
| 
|uestco&aqs=chrome..69i57j0l5.1                | 
| 
|159j0j4&sourceid=chrome&ie=UTF-8)             | 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
|                                              |Joint broker 
| 
|                                              | 
| 
|                                              |Matthew Armitt/Jennifer Lee 
| 
|                                              | 
| 
|                                              |Joh. Berenberg, Gossler & Co KG 
| 
|                                              | 
| 
|                                              |Office: +44 (0)20 3207 7800 
| 
+----------------------------------------------+-------------------------------- 
-------------+ 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

May 30, 2023 02:00 ET (06:00 GMT)

1 Year Pan African Resources Chart

1 Year Pan African Resources Chart

1 Month Pan African Resources Chart

1 Month Pan African Resources Chart

Your Recent History

Delayed Upgrade Clock