24th Oct 2025 07:48
(Alliance News) - Pan African Resources PLC expects its shares to start trading on the main board of the London Stock Exchange from Friday.
The Rosebank-headquartered gold producer also said on Friday it expects shares to be admitted to the equity shares category of the official list maintained by the UK Financial Conduct Authority from Friday.
The company first announced its plan to move its listing to the main board of the LSE early last month. Back then, it indicated that the listing transfer does not intend to raise any funds or offer any new securities.
Pan African Resources ends its presence on the AIM Market of the LSE, where is has been listed since 2007.
The junior gold producer has said it believes that the proposed move to the Main Market could enhance its corporate profile and broaden its access to a wider pool of UK and global investors, supporting its next phase of growth.
Pan African expects its annual gold production to rise to between 275,000 ounces and 292,000 ounces for the financial year ending June 30, 2026, an increase of about 40% compared to the production for the financial year ended June 30, 2025.
By Artwell Dlamini, Alliance News senior reporter South Africa
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