logo-loader
viewPan African Resources plc

Pan African Resources Plc - Pan African establishes Sponsored ADR Programme

Pan African Resources PLC

(Incorporated and registered in and under Companies Act 1985 with registered number 3937466 on )EnglandWales25 February 2000

Share code on AIM: PAF

Share code on JSE: PAN

ISIN: GB0004300496

("" or "the Company")Pan African Resources

PAN AFRICAN RESOURCES ESTABLISHES SPONSORED AMERICAN DEPOSITORY RECEIPT (ADR) PROGRAMME

Pan African Resources’ shareholders are advised that the Company  has established a sponsored Level -1 ADR programme today on the over-the-counter market in (US)   with  the Bank of New York Mellon (BNY Mellon) being the appointed Depository.the United States

Each depository receipt in the ADR programme represents twenty (20) ordinary shares in and trades under the symbol ‘PAFRY’.Pan African Resources

CEO said: “ Pan African has a strong shareholder base in and in the United Kingdom.  By establishing the ADR programme, the Company will make investing in its shares even more accessible to international investors, particularly the US investor market. Furthermore, Pan African joins a number of its peers which have successfully implemented an ADR programme.”Pan African ResourcesCobus LootsSouth Africa

has a dual listing on the Main Board of the in (JSE:PAN) and AIM Market of the in the (AIM:PAF).Pan African ResourcesJohannesburg Stock ExchangeLondon Stock ExchangeSouth AfricaUK

Rosebank

02 July 2020

For further information on , please visit the Company's website atPan African Resources

www.panafricanresources.com

Contact information

Corporate Office                       Registered Office
               Suite 31
2nd Floor, Office 204                  Second Floor
Cnr. Cradock and Biermann Avenues      107 Cheapside
Rosebank, Johannesburg                 
                           EC2V 6DN
Office: + 27 (0)11 243 2900            United Kingdom
                         Office: + 44 (0)20 7796 8644

                            
              
Chief Executive Officer                Financial Director
Office: + 27 (0)11 243 2900            Office: + 27 (0)11 243 2900

/                
St James's   
Company Secretary                      Nominated Adviser and Joint Broker
Office: + 44 (0)20 7796 8644           Office: +44 (0)20 7260 1000

                         /
                                Joint Broker
                            Office: +44 (0)20 7418 8900
Office: + 27 (0)11 011 9200

Hethen Hira                            /
              
Head : Investor Relations              Joint Broker
Tel: + 27 (0)11 243 2900               Office: +44 (0)20 7236 1010
E-mail: 

Website:The Firs Office BuildingLondonSouth Africa[email protected][email protected]www.panafricanresources.comCobus LootsDeon LouwPhil DexterJane KirtonJohn PriorCiska KloppersRoss AllisterDavid McKeownJSE SponsorThomas RiderNeil ElliotPan African Resources PLCPan African Resources PLCCorporate Services LimitedNumis Securities LimitedQuestco Corporate Advisory Proprietary Peel Hunt LLP
LimitedPan African Resources PLCBMO Capital Markets Limited

Quick facts: Pan African Resources plc

Price: 23.9

Market: AIM
Market Cap: £460.87 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

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 securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Pan African should be debt-free this year and hopes to increase dividends as...

Pan African Resources plc's (LON:PAF) Cobus Loots tells Proactive its gold production increased by 4.1% in the year ended June 2020. Loots says the strategic focus for the year ahead remains on optimising operations and de-gearing the balance sheet with the intention of increasing dividends in...

3 weeks, 6 days ago