Business
Cautionary Announcement
Cautionary Announcement.
About this update from Pan African Resources Plc
[{"type":"text","content":"\n \nPan African Resources PLC\n\n(Incorporated and registered in England and Wales under Companies Act 1985 with registered number 3937466 on 25 February 2000)\n\nAIM Code: PAF\n\nJSE Code: PAN\n\nISIN: GB0004300496\n\n(“Pan African†or the “Companyâ€)\n\nCAUTIONARY ANNOUNCEMENT\n\nThe Company is pleased to announce that it has entered into exclusive negotiations with the joint administrators of ASA Resource Group Plc (the “Groupâ€) in relation to acquiring certain of the assets and liabilities of the Group (“the Acquisitionâ€), which if successfully concluded may have a material effect on the price of the Company’s securities. Discussions are ongoing and as such there can be no certainty the Acquisition will conclude.\n\nAccordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement has been made, or this cautionary has been withdrawn.\n\nA further announcement will be made in due course.\n\n29 January 2018\n\n\n\nContact information\n\n\n\nCorporate OfficeThe Firs Office Building1st Floor, Office 101Cnr. Cradock and Biermann AvenuesRosebank, JohannesburgSouth AfricaOffice: + 27 (0) 11 243 2900Facsimile: + 27 (0) 11 880 1240\nRegistered OfficeSuite 31Second Floor107 CheapsideLondonEC2V 6DNUnited KingdomOffice: + 44 (0) 207 796 8644Facsimile: + 44 (0) 207 796 8645\n\n\n\nCobus Loots Pan African Resources PLCChief Executive Officer Office: + 27 (0) 11 243 2900\nDeon LouwPan African Resources PLCFinancial DirectorOffice: + 27 (0) 11 243 2900\n\n\n\nPhil DexterSt James's Corporate Services LimitedCompany SecretaryOffice: + 44 (0) 207 796 8644\nJohn Prior / Paul GillamNumis Securities LimitedNominated Adviser, Joint BrokerOffice: +44 (0) 20 7260 1000\n\n\n\nSholto SimpsonOne CapitalJSE SponsorOffice: + 27 (0) 11 550 5009\nRoss Allister / James BavisterPeel Hunt LLPJoint BrokerOffice: +44 (0) 207 418 8900\n\n\n\nJeffrey Couch/Neil Haycock/Thomas RiderBMO Capital Markets LimitedJoint BrokerOffice: +44 (0) 207 236 1010\nBobby Morse/Chris JuddBuchanan CommunicationsPublic & Investor Relations UKOffice: + 44 (0) 207 466 5000\n\n\n\nJulian GwillimAprio Strategic CommunicationsPublic & Investor Relations SAOffice: +27 (0)11 880 0037 Questco Proprietary LimitedJSE Transaction SponsorOffice: +27 (0) 11 011 9200www.panafric...