| Thu 17 Sep 2009, 14:30 | | PAN - Pan African - Board Appointments |
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PAN
PAN
PAN - Pan African - Board Appointments
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" or "the Company")
Regulatory Announcement
Board Appointments
Further to the announcement dated 21 August 2009, Pan African announces that on
(17) September 2009 the following changes to the Board were ratified:
- Cyril Ramaphosa was appointed Non-Executive Chairman;
- Rowan Smith was appointed as a Non-Executive Director; and
- Cobus Loots was appointed as Finance Director.
Keith Spencer has assumed the role of Independent, Non-Executive Deputy
Chairman.
Cyril Ramaphosa joined the board of SAB Ltd in 1997 and was appointed to the
board of South African Breweries plc upon its listing on the London Stock
Exchange in 1999. He is Executive Chairman of Shanduka Group, Joint Non-
Executive Chairman of Mondi plc and Mondi Limited and holds directorships in
Macsteel Global B.V., MTN Group Ltd, The Bidvest Group, Standard Bank and
Alexander Forbes. He also serves on the board of the Commonwealth Business
Council.
Rowan Smith is the Managing Director of Shanduka Resources and has almost two
decades of collective experience in the minerals and merchant banking
industries. His experience includes mine - geological valuation work for Rand
Mines, seven years with Societe Generale de Surveillance in both Geneva and
South Africa as a senior manager, and four years as a Director of Investec`s
Resource Finance Division.
Cobus Loots is a Chartered Accountant who worked in Investment Banking with
Macquarie Africa prior to holding positions with Shanduka Coal and Sentula
Mining. He became a Principal at Shanduka Resources in 2008.
Jan Nelson, CEO of Pan African, said: "Pan African is delighted to welcome the
new directors to our board. We look forward to their contributions in ensuring
the combined success of the Group."
Matamela Cyril Ramaphosa (aged 56) currently holds, or has held within the last
5 years, the following directorships:
Current Within the last 5 years
Alexander Forbes Equity Holdings (Pty) Alexander Forbes Limited
Limited
Alexander Forbes Group (Proprietary) Barberton Mines Limited
Limited
Assore Limited BDFM
Bidvest Group Limited Future Africa Trading (PTY) LTD
Commonwealth Business Council Limited Johnnic Holdings Limited
Investment Solutions (South Africa) Macsteel Holdings
Kangra Coal (Pty) Limited Medscheme Limited
Macsteel Global b.v. Shanduka Coal (Pty) Limited
Macsteel Service Centres SA (Pty) Shanduka Fund Managers (Pty) Limited
Limited
Maxshell 80 Investments (Proprietary) Shanduka Gold (Pty) Limited
Limited
MTN International (Pty) Ltd Shanduka Properties (Pty) Limited
MTN Group Limited Seardel Investment Corporation Limited
MTN Holdings (Pty) Ltd Secured Property Holdings (PTY) LTD
Mondi Packaging South Africa (Pty) Ltd Rentworks Africa (Pty) LTD
Mondi Shanduka Newsprint (Pty) Ltd Vancut Diamond Works (PTY) LTD
Mondi plc Welgedacht Exploration Company Limited
Mondi South Africa Limited
SABMiller plc
SASRIA
Shanduka Advisors (Pty) Limited
Shanduka Group (Pty) Limited
Shanduka Resources (Pty) Limited
Standard Bank Group Limited
Standard Bank of South Africa Limited
TBWA Hunt Lascaris Holdings
(Proprietary) Limited
Tutuwa Strategic Holdings 1
(Proprietary)
Rowan Murray Smith (aged 45) currently holds, or has held within the last 5
years, the following directorships:
Current Within the last 5 years
Shanduka Group (Pty) Limited Barberton Mines (Pty) Limited
Shaduka Resources (Pty) Limited
Shanduka Coal Investments (Pty)
Limited
Shanduka Gold (Pty) Limited
Shanduka Newsprint (Pty) Limited
Shanduka Packaging (Pty) Limited
Kangra Coal (Pty) Limited
Mondi Shanduka Newsprint (Pty) Limited
Mondi Packaging SA (Pty) Limited
Main Street 343 (Pty) Limited
Shanduka Coal (Pty) Limited
Rapid Coal (Pty) Limited
Wakefield Investments (Pty) Limited
Side Minerals (Pty) Limited
Leeufontein Myne (Pty) Limited
Bankfontein Properties (Pty) Limited
Springboklaagte Mining (Pty) Limited
Lexshell 99 General Trading (Pty)
Limited
Graspan Colliery (Pty) Limited
Shanduka Exploration (Pty) Limited
Assore Limited
Jacobus Albertus Johannes Loots (aged 31) currently holds, or has held within
the last 5 years, the following directorships:
Current Within the last 5 years
Makeda Fund Managers Limited None
Barberton Mines Limited
Kanga Coal (Pty) Ltd
Shanduka Coal (Pty) Ltd
There is no further information to be disclosed in accordance with AIM Rules
Schedule 2(g).
17 September 2009
Sponsor and Corporate Advisor
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
For further information on Pan African Resources plc, please visit the website
at www.panafricanresources.com
Enquiries:
Pan African Resources
Jan Nelson, CEO
+27 (0) 11 243 2900
Nicole Spruijt, Public Relations
+27 (0) 11 243 2900
RBC Capital Markets
Martin Eales
+44 (0) 20 7029 7881
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
Natalie Di-Sante
+27 (0) 11 750 0207
Sholto Simpson
+27 (0) 11 750 0213
St James`s Corporate Services Limited
Phil Dexter
+44 (0) 20 7499 3916
FD Beachhead Media & Investor Relations
Jennifer Cohen
+27 (0) 11 214 2401
Louise Brugman
+27 (0) 11 214 2415
+27 (0) 83 504 1186
Date: 17/09/2009 14:30:01 Produced by the JSE SENS Department.
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