Pan African Resources Plc Director/PDMR Shareholding
12 November 2020 - 11:00PM
UK Regulatory
TIDMPAF
Pan African Resources PLC
(Incorporated and registered in England and Wales under Companies Act 1985 with
registered number 3937466 on 25 February 2000)
AIM Code: PAF
JSE Code: 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 it has received notification that on 9 and 10 November
2020, Figit (Pty) Ltd, an entity associated with Finance Director Deon Louw,
bought 2,108,815 ordinary shares of 1p each in Pan African Resources and on 9
November 2020, 76,650 ordinary shares of 1p each in Pan African Resources for
his personal account.
Following this transaction, which is detailed in the PDMR Notification Dealing
Form below, Mr Louw has an indirect beneficial interest of 2,108,815 ordinary
shares, representing 0.0944% of the Company's issued share capital and a direct
beneficial interest of 688,112 ordinary shares, representing 0.0308% of the
Company's issued share capital.
The below information and notification is made in accordance with the EU Market
Abuse Regulation.
1. Details of the person discharging
managerial responsibilities/person closely
associated
a) Name: Deon Louw
2. Reason for the notification
a) Position/status: Finance Director
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, Ordinary shares of 1p each
type of instrument:
Identification code:
GB0004300496
b) Nature of the transaction: Trade 1:
Acquisition of ordinary
shares by an associate of
Deon Louw, namely Figit (Pty)
Ltd, of which he is the sole
director
Trade 2:
Acquisition of ordinary
shares by an associate of
Deon Louw, namely Figit (Pty)
Ltd, of which he is the sole
director
Trade 3:
Acquisition for his personal
account
c) Price(s) and volume(s): Trade 1:
1,119,500 ordinary shares
VWAP ZA 486.68 cents per
share
Low ZA 467.00 cents per share
High ZA 500.00 cents per
share
Trade 2:
989,315 ordinary shares
VWAP ZA 456.83 cents per
share
Low ZA 446.00 cents per share
High ZA 467.00 cents per
share
Trade 3:
76,650 ordinary shares
VWAP ZA 456.83 cents per
share
Low ZA 446.00 cents per share
High ZA 467.00 cents per
share
d) Aggregated information: Trade 1:
ZAR 5 448 382.60
Trade 2:
ZAR 4 519 487.71
Trade 3:
ZAR 350 160.20
e) Dates of the transaction: Trade 1:
9 November 2020
Trade 2:
10 November 2020
Trade 3:
10 November 2020
f) Place of the transaction: Johannesburg Stock Exchange
Additional information disclosed in accordance with the JSE Listings
Requirements:
a) Nature of interest of executive: Trade 1:
Indirect beneficial
Trade 2:
Indirect beneficial
Trade 3:
Direct beneficial
b) On-market or off-market: On-market
c) Clearance given in terms of paragraph 3.66 Yes
of the JSE Listings Requirements:
d) Holding following transactions: Indirect beneficial 2,108,815
ordinary shares,
Direct beneficial 688,112
ordinary shares
Johannesburg
12 November 2020
Sponsor: Questco Corporate Advisory Proprietary Limited
END
(END) Dow Jones Newswires
November 12, 2020 07:00 ET (12:00 GMT)
Pan African Resources (LSE:PAF)
Historical Stock Chart
From Apr 2024 to May 2024
Pan African Resources (LSE:PAF)
Historical Stock Chart
From May 2023 to May 2024