| Wed 20 Jul 2011, 14:00 | | PAN - Pan African Resources PLC - Changes to the Board of Directors |
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PAN
PAN
PAN - Pan African Resources PLC - Changes to the Board of Directors
Pan African Resources PLC
(`Pan African` or the `Company` or the `Group`)
Incorporated and registered in England and Wales under Companies Act 1985
with the registered number: 3937466 on 25 February 2000
Share Code on AIM: PAF
Share code on JSE: PAN
ISIN: GB0004300496
Changes to the Board of Directors
Pan African, the African focused precious metals producer, announces the
appointment of Ms. Phuti Malabie as a Non-Executive director effective from
20 July 2011. Ms. Malabie`s appointment follows the resignation of Mr. Rowan
Smith as a Non-Executive director of Pan African with effect from 20 July
2011.
Ms. Malabie is the Chief Executive Officer of Shanduka Group (Pty) Ltd
("Shanduka"), which she joined in 2004 as the Managing Director of Shanduka
Energy (Pty) Ltd, a wholly owned subsidiary of Shanduka. Prior to joining
Shanduka, Ms. Malabie was the head of the Project Finance South Africa unit
at the Development Bank of Southern Africa.
Ms. Malabie holds a BA (Economics) from Rutgers University (State University
of New Jersey. USA) (1993) and an MBA from De Montfort University in
Leicester, UK (1996).
Commenting on the board changes, Jan Nelson, said: "We are delighted to
welcome Phuti to the board. Her experience will not only further strengthen
the board, but she will be a valuable resource to the executive team. We
would also like to thank Rowan Smith for his contribution to the board over
the past two years and wish him well in his future ventures."
Disclosure of directorships under Schedule 2(g) of the AIM Rules
The Company advises that there are no further details relating to the
appointment of Ms. Malabie which it is obliged to disclose under Schedule
Two paragraph (g) of the AIM Rules, save as set out below:
Full name: Phuti Malabi
Age: 40 years
Current directorships Past directorships (within the
last five years)
Shanduka Energy Fieldstone Africa
Shanduka Group Agito Group
Shanduka Resources Agito Capital
Shanduka Newsprint Ukuthula Investment Holdings
Mondi Shanduka Newspirnt UC Securities
Netgroup Solutions Holdings One Stone As`Investe
Netgroup South Africa Black Management Forum
Netgroup International Vodacom Group
Gigajoule Africa Lexshell 842 Investments
Main Street 343 Apollo Tyres South Africa
FeverTree Consulting
Lilitha Strategic Investments
Gigajoule Africa Pipe (Cape)
Gigajoule Africa Gas (Cape)
Shanduka Share Scheme 2007
Shanduka Coal
Pangolin Business Women
Enterprises
Wethu Communications
Realeka Marketing
DPJ Marketing
Johannesburg
20 July 2011
JSE Sponsor:
Macquarie First South Advisers (Pty) Limited
For further information on Pan African Resources plc, please visit the
website at www.panafricanresources.com
Enquiries:
South Africa UK
Pan African RBC Capital Markets
Jan Nelson, Chief Executive Martin Eales
Officer +44 (0) 20 7653 4000
+27 (0) 11 243 2900
Pan African St James`s Corporate Services Limited
Nicole Spruijt, Public Phil Dexter
Relations +44 (0) 20 7499 3916
+27 (0) 11 243 2900
Macquarie First South Gable Communications
Advisers (Pty) Ltd Justine James
Yvette Labuschagne/Annerie +44 (0)20 7193 7463
Britz/ Melanie de Nysschen
+27 (0) 11 583 2000
Date: 20/07/2011 14:00:02 Produced by the JSE SENS Department.
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