PAN AFRICAN RESOURCES PLC - Admission of shares

    21-December-2016

                               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                               

                           ("Pan African" or the "Company")                        

    Pan African announces that it has applied for the admission of 965,000 ordinary
    shares of 1p each in the Company ("Shares") to trading on AIM.  These Shares
    were issued in February 2014 pursuant to the exercise of share options as
    described in the Company's announcement of 19 February 2014, but not admitted
    to trading on AIM at that time.  Admission is expected to occur at 8.00am on 28
    December 2016. These Shares are already listed on the Main Board of JSE
    Limited.

    There is no change to the total issued share capital of the Company which
    comprises 1,943,206,554 shares with no shares held in treasury.

    Contact information

    Corporate Office                        Registered Office                    
                                                                                 
    The Firs Office Building                Suite 31                             
                                                                                 
    1st Floor, Office 101                   Second Floor                         
                                                                                 
    Cnr. Cradock and Biermann Avenues       107 Cheapside                        
                                                                                 
    Rosebank, Johannesburg                  London                               
                                                                                 
    South Africa                            EC2V 6DN                             
                                                                                 
    Office: + 27 (0) 11 243 2900            United Kingdom                       
                                                                                 
    Facsimile: + 27 (0) 11 880 1240         Office: + 44 (0) 207 796 8644        
                                                                                 
                                            Facsimile: + 44 (0) 207 796 8645     

       

    Cobus Loots                             Deon Louw                            
                                                                                 
    Pan African Resources PLC               Pan African Resources PLC            
                                                                                 
    Chief Executive Officer                 Financial Director                   
                                                                                 
    Office: + 27 (0) 11 243 2900            Office: + 27 (0) 11 243 2900         

       

    Phil Dexter                             John Prior / Paul Gillam             
                                                                                 
    St James's Corporate Services Limited   Numis Securities Limited             
                                                                                 
    Company Secretary                       Nominated Adviser and Joint Broker   
                                                                                 
    Office: + 44 (0) 207 796 8644           Office: +44 (0) 20 7260 1000         

       

    Sholto Simpson                          Matthew Armitt / Ross Allister       
                                                                                 
    One Capital                             Peel Hunt LLP                        
                                                                                 
    JSE Sponsor                             Joint Broker                         
                                                                                 
    Office: + 27 (0) 11 550 5009            Office: +44 (0) 207 418 8900         

       

    Julian Gwillim                          Lorna Cobbett                        
                                                                                 
    Aprio Strategic Communications          Bell Pottinger PR                    
                                                                                 
    Public & Investor Relations SA          Public & Investor Relations UK       
                                                                                 
    Office: +27 (0)11 880 0037              Office: + 44 (0) 203 772 2564        

       

    Jeffrey Couch/Neil Haycock/Thomas Rider                                      
                                                                                 
    BMO Capital Markets Limited                                                  
                                                                                 
    Joint Broker                                                                 
                                                                                 
    Office: +44 (0) 207 236 1010