---
title: "Pan African Resources CEO-linked entity refinances collar, pledges shares for ZAR 11.86 million loan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290809240.md"
description: "Pan African Resources CEO Cobus Loots, through LTS Ventures, refinanced a collar on 500,000 shares, securing a ZAR 11.86 million loan by pledging those shares valued at ZAR 11.43 million. The transaction involves put and call strikes of ZAR 23.72 and ZAR 33.61 respectively. Loots' total shareholding remains unchanged at approximately 0.14% of the company."
datetime: "2026-06-25T09:50:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290809240.md)
  - [en](https://longbridge.com/en/news/290809240.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290809240.md)
generator: "portal-rs"
---

# Pan African Resources CEO-linked entity refinances collar, pledges shares for ZAR 11.86 million loan

-   Pan African Resources CEO Cobus Loots, via LTS Ventures, refinanced a collar over 500,000 shares; put strike ZAR 23.72, call strike ZAR 33.61. \* Refinancing included a ZAR 11.86 million loan secured by pledging 500,000 shares; pledged shares valued at ZAR 11.43 million. \* Loots’ shareholding stayed unchanged at 2,781,448 indirect shares (0.12%) plus 554,790 direct shares (0.02%). Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pan African Resources plc published the original content used to generate this news brief on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**