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PAN
PAN
PAN - Transfer of Pan African`s Listing from the Alternative Exchange ("Altx")
to the Main Board of the JSE Limited ("JSE") and Cautionary Announcement
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")
TRANSFER OF PAN AFRICAN`S LISTING FROM THE ALTERNATIVE EXCHANGE ("ALTX") TO THE
MAIN BOARD OF THE JSE LIMITED ("JSE") AND CAUTIONARY ANNOUNCEMENT
1. Transfer of listing to the Main Board of the JSE
The directors of Pan African have pleasure in announcing that the JSE has
approved the transfer of Pan African`s listing from the AltX to the Gold
Mining Sector of the Main Board of the JSE, with effect from the
commencement of business on Tuesday, 1 December 2009.
Accordingly, the JSE will become the Company`s dual primary regulator.
2. Cautionary announcement
In terms of the Listings Requirements of the JSE, shareholders are advised
that the Company has entered into discussions in respect of a possible
transaction which, if successfully concluded, could have a material effect
on the price of the Company`s securities.
Accordingly, shareholders are advised to exercise caution until a further
announcement is made.
Rosebank
26 November 2009
JSE 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
Date: 26/11/2009 14:39:01 Produced by the JSE SENS Department.
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