IN BRIEF: Pan African Resources CEO sells shares for R 5 million

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Pan African Resources PLC - Rosebank-headquartered gold producer - Chief Executive Officer Cobus Loots sells 125,282 shares at at 49 pence each, worth £61,388 or around R 1.5 million, on Friday last week. LTS Ventures (Pty) Ltd, an entity associated with Loots, disposed of 299,094 shares at an average R 1,187.46 apiece for R 3.6 million also on Friday. Following these transactions, Loots has an indirect interest of 5.6 million shares.

Current stock price in Johannesburg: R 11.40, up 1.1% on Thursday

12-month change: up 88%

Current stock price in London: 46.95 pence, down 1.0%

12-month change: up 78%

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