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
registration 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 has today issued 5,000,000 ordinary shares of 1p each (`Shares`) at a
price of 2p 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 5,000,000 Shares to
be admitted to trading on AIM and listed on Altx (`Admission`). Admission is
expected to occur on 25 April 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 2307 +44 (0) 20 7499
7840 4709 3916
Keith Spencer, Richard Greenfield Annerie Britz FDBeachhead
Chairman +44 (0) 20 7634 +27 (0) 11 343 2328 Media & Investor
+27 (0) 11 880 4710 Relations
3155
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
Date: 21/04/2008 15:38:01 Produced by the JSE SENS Department.
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