Pan African Resources Plc Director/PDMR Shareholding

 
TIDMPAF 
 
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 
 
                            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 on 8 June 2021, Figit 
(Pty) Ltd, an entity associated with Finance Director Deon Louw, bought 198,734 
ordinary shares of 1p each in Pan African Resources and on 9 June 2021 Mr Deon 
Louw sold 150,000 ordinary shares of 1p each in Pan African Resources for his 
personal account. 
 
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 0.1397% of the Company's issued share capital and a direct 
beneficial interest of 538,112 ordinary shares, representing 0.0241% of the 
Company's issued share capital. 
 
The below information and notification are made in accordance with the EU 
Market Abuse Regulation. 
 
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 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:                                       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 financial instrument,   Ordinary shares of 1p each 
      type of instrument: 
                                                 Identification code: 
                                                 GB0004300496 
 
b)    Nature of the transaction:                 Trade 1: 
                                                 Acquisition of ordinary 
                                                 shares by an associate of 
                                                 Deon Louw, namely Figit (Pty) 
                                                 Ltd, of which he is the sole 
                                                 director 
                                                 Trade 2: 
                                                 Disposal of ordinary shares 
                                                 for his personal account 
 
c)    Price(s) and volume(s):                    Trade 1: 
                                                 198,734 ordinary shares 
                                                 at ZA 392.53 cents per share 
 
                                                 Trade 2: 
                                                 150,000 ordinary shares 
                                                 at ZA 380.72 cents per share 
 
d)    Aggregated information:                    Trade 1: 
                                                 ZAR 780,090.57 
                                                 Trade 2: 
                                                 ZAR 571,080.00 
 
e)    Dates of the transaction:                  Trade 1: 
                                                 8 June 2021 
                                                 Trade 2: 
                                                 9 June 2021 
 
f)    Place of the transaction:                  Johannesburg Stock Exchange 
 
Additional information disclosed in accordance with the JSE Listings 
Requirements: 
 
a)    Nature of interest of executive:           Trade 1: 
                                                 Indirect beneficial 
                                                 Trade 2: 
                                                 Direct beneficial 
 
b)    On-market or off-market:                   On-market 
 
c)    Clearance given in terms of paragraph 3.66 Yes 
      of the JSE Listings Requirements: 
 
d)    Holding following transactions:            Indirect beneficial 3,122,349 
                                                 ordinary shares, 
                                                 Direct beneficial 538,112 
                                                 ordinary shares 
 
Johannesburg 
 
10 June 2021 
 
Sponsor: Questco Corporate Advisory Proprietary Limited 
 
 
 
END 
 
 

(END) Dow Jones Newswires

June 10, 2021 09:30 ET (13:30 GMT)