Pan African Resources CEO adjusts holdings, settles CFDs

Cobus Loots, chief executive officer of Pan African Resources, has disposed of 100,000 ordinary shares from his direct holdings at 76.2 pence per share, totaling £76,200. Additionally, LTS Ventures (Pty) Ltd, an entity associated with Loots, disposed of 500,000 ordinary shares at ZA 1819 cents per share, amounting to a disposal value of ZAR9,095,000. All share disposals occurred on September 10, 2025.

Loots also settled 150,000 long CFDs on the same date, realizing a trade profit of £115,478.45 (excluding costs) with a closed price of 76.123 pence per share. These transactions took place across London SETS and the Johannesburg Stock Exchange.

Following these dealings, Loots' indirect beneficial interest in Pan African Resources now stands at 5,097,154 ordinary shares (0.2184% of issued capital), with a direct beneficial interest of 1,348,700 ordinary shares (0.0578%). He also retains 164,280 open long CFDs. All transactions were on-market and received clearance under JSE Listings Requirements.