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PAN
PAN
PAN - Pan African Resources PLC - Issue of Equity
Pan African Resources PLC
("Pan African" or the "Company")
(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
Issue of Equity
Pan African announces that as a result of an exercise of share options, the
Company issued 4,000,000 ordinary shares of 1p each (`Shares`) on 27 March 2008
at a price of 4p per Share.
Application has been made to the AIM Market of the London Stock Exchange (`AIM`)
and the Alternative Exchange of the JSE Limited (`Altx`) for 4,000,000 Shares to
be admitted to trading on AIM and listed on Altx (`Admission`). Admission is
expected to occur on 28 March 2008.
ENDS
Enquiries:
Pan African Ambrian Partners Macquarie First St James`s
Resources Limited South Corporate Corporate
Finance (Pty) Services Limited
Limited
Jan Nelson, CEO Richard Brown Amanda Markman Phil Dexter
+27 (0) 11 777 +44 (0) 20 7634 +27 (0) 11 343 +44 (0) 20 7499
7840 4709 2307 3916
Keith Spencer, Richard Done Hattingh FDBeachhead
Chairman Greenfield +27 (0) 11 343 Media & Investor
+27 (0) 11 880 +44 (0) 20 7634 2308 Relations
3155 4710
Nicole Stoyell Jennifer Cohen
Public Relations +27 (0) 11 214
+27 (0) 11 777 2401
7840
Louise Brugman
+27 (0) 11 214
2415
For further information on Pan African Resources plc, please visit the website
at www.panafricanresources.com
Sponsor
Maquarie First South Corporate Finance (Pty) Limited
27 March 2008
Date: 27/03/2008 13:30:01 Produced by the JSE SENS Department.
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