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IN BRIEF: Pan African expects AIM share cancellation late in October

ALN

Pan African Resources PLC - Rosebank-headquartered gold producer - Expects its shares to be admitted to the equity shares category of the official list maintained by the UK Financial Conduct Authority, and its shares to be cancelled from trading on the AIM Market of the London Stock Exchange in late October, but not before October 22.

Pan African said just over two weeks ago it intended to move its listing to the main board of the LSE from AIM. It said it believed 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.

Current stock price in Johannesburg: R 20.66, up 2.9% on Tuesday

12-month change: more than double from R 7.80 on September 23, 2024

Current stock price in London: 88.70 pence, up 2.3%

12-month change: more than double from 33.65p on September 23, 2024

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