12:00 Mon 16 Nov 2020
Pan African Resources Plc - Director/PDMR Shareholding
Pan African Resources PLC
(Incorporated and registered in and under Companies Act 1985 with registered number 3937466 on )
AIM Code: PAF
JSE Code: PAN
ISIN: GB0004300496
ADR ticker code: PAFRY
( or the )Pan African ResourcesCompany
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 , LTS Ventures (Pty) Ltd, an entity associated with Chief Executive Officer , bought 387,200 ordinary shares of 1p each in Pan African Resources.
Following this transaction, which is detailed in the PDMR Notification Dealing Form below, has an indirect beneficial interest of 3,438,135 ordinary shares, representing 0.1539% of the Company's issued share capital and a direct beneficial interest of 1,571,747 ordinary shares, representing 0.0703% of the Company's issued share capital and 114,280 open CFDs.
The below information and notification is made in accordance with the EU Market Abuse Regulation.
Additional information disclosed in accordance with the JSE Listings Requirements:
Johannesburg
Sponsor: Questco Corporate Advisory Proprietary Limited
1. Details of the person discharging managerial responsibilities/person closely associated a) Name: 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 Ordinary shares of 1p each instrument, type of instrument: Identification code: GB0004300496 b) Nature of the transaction: Acquisition of ordinary shares by an associate of , namely LTS Ventures (Pty) Ltd, of which he is the sole director c) Price(s) and volume(s): 387,200 ordinary shares VWAP ZA per share Low ZA per share High ZA per share d) Aggregated information: e) Date of the transaction: f) Place of the transaction: Johannesburg Stock Exchange for ordinary sharesCobus Loots Cobus Loots 423.57 cents 412.00 cents 436.00 cents ZAR 1,640,063.04 12 November 2020
a) Nature of interest of executive: Indirect 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) Holding following transactions: Indirect beneficial 3,438,135 ordinary shares Direct beneficial 1,571,747 ordinary shares 114,280 open CFDs
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE