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Withdrawal of Cautionary Announcement

7th Feb 2018 15:00

Pan African Resources Plc - Withdrawal of Cautionary Announcement

Pan African Resources Plc - Withdrawal of Cautionary Announcement

PR Newswire

London, February 7

Pan African Resources PLC(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)AIM Code: PAFJSE Code: PANISIN: GB0004300496(“Pan African” or “the Company”)

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement, released on SENS on 29 January 2018, wherein Shareholders were advised that the Company had entered into exclusive negotiations with the joint administrators of ASA Resource Group Plc (“ASA”) in relation to acquiring certain of the assets and liabilities of ASA (“the Acquisition”).

Shareholders are hereby notified that discussions between the Company and ASA relating to the Acquisition have been terminated and, accordingly, shareholders are no longer required to exercise caution when dealing in Pan African shares.

Johannesburg

7 February 2018

Contact information
Corporate Office The Firs Office Building 1st Floor, Office 101 Cnr. Cradock and Biermann Avenues Rosebank, Johannesburg South Africa Office: + 27 (0) 11 243 2900 Facsimile: + 27 (0) 11 880 1240Registered Office Suite 31 Second Floor 107 Cheapside London EC2V 6DN United Kingdom Office: + 44 (0) 207 796 8644 Facsimile: + 44 (0) 207 796 8645
Cobus Loots Pan African Resources PLC Chief Executive Officer Office: + 27 (0) 11 243 2900Deon Louw Pan African Resources PLC Financial Director Office: + 27 (0) 11 243 2900
Phil Dexter St James's Corporate Services Limited Company Secretary Office: + 44 (0) 207 796 8644John Prior / Paul Gillam Numis Securities Limited Nominated Adviser, Joint Broker Office: +44 (0) 20 7260 1000
Sholto Simpson One Capital JSE Sponsor Office: + 27 (0) 11 550 5009Ross Allister / James Bavister Peel Hunt LLP Joint Broker Office: +44 (0) 207 418 8900
Jeffrey Couch/Neil Haycock/Thomas Rider BMO Capital Markets Limited Joint Broker Office: +44 (0) 207 236 1010Bobby Morse/Chris Judd Buchanan Communications Public & Investor Relations UK Office: + 44 (0) 207 466 5000
Julian Gwillim Aprio Strategic Communications Public & Investor Relations SA Office: +27 (0)11 880 0037 Questco Proprietary Limited JSE Transaction Sponsor Office: +27 (0) 11 011 9200 www.panafricanresources.comGareth Driver/Huneiza Goolam Webber Wentzel Legal Advisers Office: +27 (0) 11 530 5000

Related Shares:

Pan African Resources
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