Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985 with registered
number 3937466 on 25 February
2000)
Share code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
("Pan African Resources" or "the Company")
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 the United
States (US) with the Bank of New York
Mellon (BNY Mellon) being the appointed Depository.
Each depository receipt in the ADR programme represents twenty
(20) ordinary shares in Pan African Resources and trades under the
symbol ‘PAFRY’.
Pan African Resources CEO Cobus
Loots said: “ Pan African has a strong shareholder base in
South Africa 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 Resources has a dual listing on the Main Board of
the Johannesburg Stock Exchange in South
Africa (JSE:PAN) and AIM Market of the London Stock Exchange
in the UK (AIM:PAF).
Rosebank
02 July 2020
For further information on Pan African Resources, please visit
the Company's website at
www.panafricanresources.com
Contact information |
Corporate Office
The Firs Office Building
2nd Floor, Office 204
Cnr. Cradock and Biermann Avenues
Rosebank, Johannesburg
South Africa
Office: + 27 (0)11 243 2900
info@paf.co.za |
Registered Office
Suite 31
Second Floor
107 Cheapside
London
EC2V 6DN
United Kingdom
Office: + 44 (0)20 7796 8644 |
Cobus
Loots
Pan African Resources PLC
Chief Executive Officer
Office: + 27 (0)11 243
2900 |
Deon Louw
Pan African Resources PLC
Financial Director
Office: + 27 (0)11 243 2900 |
Phil Dexter/Jane
Kirton
St James's Corporate Services Limited
Company Secretary
Office: + 44 (0)20 7796 8644 |
John Prior
Numis Securities Limited
Nominated Adviser and Joint Broker
Office: +44 (0)20 7260 1000 |
Ciska Kloppers
Questco Corporate Advisory Proprietary Limited
JSE Sponsor
Office: + 27 (0)11 011 9200 |
Ross Allister/David
McKeown
Peel Hunt LLP
Joint Broker
Office: +44 (0)20 7418 8900 |
Hethen Hira
Pan African Resources PLC
Head : Investor Relations
Tel: + 27 (0)11 243 2900
E-mail: hhira@paf.co.za |
Thomas Rider/Neil
Elliot
BMO Capital Markets Limited
Joint Broker
Office: +44 (0)20 7236 1010 |
Website:
www.panafricanresources.com |
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