| Tue 3 Apr 2012, 8:00 | | PAN - Pan African Resources PLC - Exercise of options |
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PAN
PAN
PAN - Pan African Resources PLC - Exercise of options
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
AIM: PAF/JSE: PAN
ISIN: GB0004300496
3 April 2012
EXERCISE OF OPTIONS
Pan African announces that the following issue of Pan African ordinary shares of
1p each ("Shares") has been made, following the exercise of share options
granted under the Company`s share option plan:
* 500,000 Shares were issued at a price of 7.0 pence per Share, for a total
consideration of GBP35,000.00.
Application will be made today, to the AIM market of the London Stock Exchange
("AIM") and to the Main Board of JSE Limited ("JSE") for 500,000 shares to be
admitted to trading on AIM and for listing on the JSE, with admission to trading
and listing on both markets expected to occur on Tuesday 10 April 2012.
Following the above issues of shares, the total issued share capital of the
Company comprises 1,445,464,361 Shares.
Enquiries
South Africa UK
Pan African Resources RBC Capital Markets
Jan Nelson, Chief Executive Martin Eales / James Kelly
Officer +44 (0) 20 7029 7881
+27 (0) 11 243 2900
One Capital St James`s Corporate Services Limited
Sholto Simpson / Megan Young / Phil Dexter
Nicholas Tyler +44 (0) 20 7499 3916
+27 (0) 11 550 5000
Vestor Investor Relations Gable Communications
Louise Brugman Justine James
+27 (0) 11 787 3015 +44 (0) 20 7193 7463
Date: 03/04/2012 08:00:03 Produced by the JSE SENS Department.
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