Director/PDMR Shareholding
Summary by AI BETAClose X
| Pan African Resources PLC (Incorporated and registered in England and Wales under the Companies Act 1985 with registered 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”)
| Pan African Resources Funding Company Limited Incorporated in the Republic of South Africa with limited liability Registration number: 2012/021237/06 Alpha code: PARI
|
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 the Chief Executive Officer, Cobus Loots, disposed of 200,000 ordinary shares of 1p each in Pan African Resources and settled 164,280 long contracts for difference (CFDs), on 22 September 2025.
Following these transactions, Mr Loots has an indirect beneficial interest of 5,097,154 ordinary shares, representing 0.2184 % of the Company's issued share capital and a direct beneficial interest of 1,148,700 ordinary shares, representing 0.04922% 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: | 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: | 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, type of instrument:
| Ordinary shares of 1p each
Identification code: GB0004300496 |
| b) | Nature of the transaction: | Trade 1: Disposal of shares Trade 2: Closure of long CFD position |
| c) | Price(s) and volume(s): | Trade 1: Disposal of 200,000 shares at 87.3 pence per share. Trade 2: Settlement of 164,280 CFDs Closed price 87.5 pence per share |
| d) | Aggregated information:
| Trade 1: Disposal value of GBP 174,600 Trade 2: GBP 122,097.58 trade profit (excl. costs) earned on the settlement of the CFDs |
| e) | Dates of the transactions: | Trade 1: 22 September 2025 Trade 2: 22 September 2025 |
| f) | Place of the transaction: | Trade 1: London SETS Trade 2: London SETS |
Additional information disclosed in accordance with the JSE Listings Requirements:
| a) | Nature of interest of executive: | Trade 1: Direct beneficial Trade 2: Direct beneficial
|
| b) | On-market or off-market: | Trade 1: On-market Trade 2: On-market |
| c) | Clearance given in terms of paragraph 3.66 of the JSE Listings Requirements: | Yes |
| d) | Total value of transactions | Trade 1: GBP 174,600 Trade 2: GBP122,097.58 profit on trade |
| e) | Holding following transactions: | Indirect beneficial 5,097,154 ordinary shares Direct beneficial 1,148,700 ordinary shares |
Johannesburg
25 September 2025
For further information on Pan African, please visit the Company's website at
| Corporate information | |
| Corporate Office The Firs Building 2nd Floor, Office 204 Corner Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0)11 243 2900 | Registered Office 107 Cheapside, 2nd Floor London, EC2V 6DN United Kingdom Office: + 44 (0)20 3869 0706 |
| Chief Executive Officer Cobus Loots Office: + 27 (0)11 243 2900 | Financial Director and debt officer Marileen Kok Office: + 27 (0)11 243 2900 |
| Head: Investor Relations Hethen Hira | Website: www.panafricanresources.com |
| Company Secretary Jane Kirton St James's Corporate Services Limited Office: + 44 (0)20 3869 0706 | Nominated Adviser and Joint Broker Ross Allister/Georgia Langoulant Peel Hunt LLP Office: +44 (0)20 7418 8900 |
| JSE Sponsor & JSE Debt Sponsor Ciska Kloppers Questco Corporate Advisory Proprietary Limited Office: + 27 (0) 63 482 3802 | Joint Broker Thomas Rider/Nick Macann BMO Capital Markets Limited Office: +44 (0)20 7236 1010 |
|
| Joint Broker Matthew Armitt/Jennifer Lee Joh. Berenberg, Gossler & Co KG (Berenberg) Office: +44 (0)20 3207 7800 |
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