PR Newswire
LONDON, United Kingdom, April 20
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
LSE: 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 that it has received notification that the Chairman of the
Board Keith Spencer, disposed of 1,000,000 ordinary shares of 1p each in Pan
African Resources on 17 April 2026.
Following these transactions, Mr Spencer has a direct beneficial interest of
2,000,000 ordinary shares, representing 0.08570% 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: |Keith Cousins Spencer
|
+——————–+—————–+—————————————
-+
|2. |Reason for the |
|
| |notification |
|
+——————–+—————–+—————————————
-+
|a) |Position/status: |Chairman
|
+——————–+—————–+—————————————
-+
|b) |Initial |Initial notification
|
| |notification/Amen|
|
| |dment: |
|
+——————–+—————–+—————————————
-+
|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 |Ordinary shares of 1p each
|
| |the financial |
|
| |instrument, type |Identification code: GB0004300496
|
| |of instrument: |
|
+——————–+—————–+—————————————
-+
|b) |Nature of the |Disposal of shares
|
| |transaction: |
|
+——————–+—————–+—————————————
-+
|c) |Price(s) and |Disposal of 1,000,000 shares, at
various|
| |volume(s): |trading prices during the course of the
|
| | |day, with the following price
|
| | |information:
|
| | |
|
| | |- VWAP of GBP1.57380505 per
|
| | |share
|
| | |
|
| | |- High of GBP1.6082 per share
|
| | |
|
| | |- Low of GBP1.5598 per share
|
+——————–+—————–+—————————————
-+
|d) |Aggregated |Disposal value of GBP1,573,805.04
|
| |information: |
|
+——————–+—————–+—————————————
-+
|e) |Dates of the |17 April 2026
|
| |transactions: |
|
+——————–+—————–+—————————————
-+
|f) |Place of the |London 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 |
| |6.83 of the JSE Listings Requirements:| |
+–+————————————–+—————–+
|d)|Total value of transactions |GBP1,573,805.04 |
+–+————————————–+—————–+
|e)|Holding following transactions: |Direct beneficial|
| | |2,00,000 ordinary|
| | |shares |
+–+————————————–+—————–+
Johannesburg
20 April 2026
For further information on Pan African, please visit the Company’s website at
www.panafricanresources.com
Corporate information
Corporate Office Registered Office
The Firs Building 107 Cheapside, 2nd Floor
2nd Floor, Office 204 London, EC2V 6DN
Corner Cradock and Biermann Avenues United Kingdom
Rosebank, Johannesburg Office: + 44 (0)20 3869
0706
South Africa
[email protected]
Office: + 27 (0)11 243 2900
[email protected]
Chief Executive Officer Financial Director and debt
officer
Cobus Loots
Marileen Kok
Office: + 27 (0)11 243
2900 Office: + 27 (0)11 243 2900
Head: Investor Relations Website:
www.panafricanresources.com
Hethen Hira
Tel: + 27 (0)11 243 2900
E-mail: [email protected]
Company Secretary Joint Broker
Jane Kirton Ross Allister/Georgia
Langoulant
St James’s Corporate Services Limited
Peel Hunt LLP
Office: + 44 (0)20 3869 0706
Office: +44 (0)20 7418 8900
JSE Sponsor & 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) 63 482 3802
Joint Broker
Matthew Armitt/Jennifer Lee
Joh. Berenberg, Gossler &
Co KG (Berenberg)
Office: +44 (0)20 3207 7800
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