Pan African Press announcement
16 January 2013
Dealing in securities by an associate of a director of Pan African
Pan African shareholders are advised of the dealing in securities by an
associate of a Pan African director with respect to excess shares ("Excess
Shares"), issued pursuant to the Companys R703 million rights offer
("Rights Offer") which closed on 11 January, 2013.
Name of director: R G Still
Designation:
Non-executive director
Name of associate: The Alexandra
Trust ("Trust")
Relationship with director: R G Still is a
trustee of the Trust
Date of transaction: 16 January 2013
Nature of transaction: Excess Shares
issued to the Trust pursuant to the Trust applying for Excess Shares in
terms of the Rights Offer
Class of security: Ordinary
shares
Number of securities: 72, 836
Subscription price per security: R1.90
Total value of transaction: R138,388.40
Confirmation of on-market or off-market: Off-market
Nature of directors interest: Indirect
non-beneficial
In compliance with paragraph 3.66 of the JSE Listings Requirements, prior
clearance to deal in the above securities was obtained in accordance with
the Companys trading policy.
ENDS
Logo_sharper02
media & investor relations
louise brugman
managing director
Tel: +27 (0) 11 787 3015
Cell: +27 (0) 83 504 1186
skype louise.brugman
Email:
Web: www.vestor.co.za
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