Tharisa
plc
(Incorporated in the Republic of Cyprus with limited
liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or the 'Company')
Dealing in
securities by director of a major subsidiary
Further to the announcement released
on 11 December 2024 regarding the vesting and settlement of the
2021 Award on 6 December 2024, Tharisa advises that the below
participant had subsequently elected for the Company to settle his
tax liability, thereby reducing the number of shares being equity
settled from 66 110 shares as announced on 11 December 2024,
to 47 599 shares as detailed below.
Update to
vesting and settlement of LTIPs granted on 8 December
2021
|
1. Details of
director/PDMR
|
|
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a.
Name:
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Marios Tavros
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2. Reason for notification
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|
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a.
Position/status:
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Executive director - Arxo Resources
Limited
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b.
Initial notification/amendment:
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Amendment to initial
notification
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3. Details of issuer
|
|
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a.
Company name:
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Tharisa plc
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b.
LEI:
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213800WW4YWMVVZIJM90
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4. Details of transaction
|
|
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a.
Description of instrument:
Identification code:
|
Ordinary shares of
US$0.001
CY0103562118
|
|
b.
Nature of transaction
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Off-market vesting and settlement of
Conditional Awards in shares
|
|
c.
Price and volume:
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Price:
ZAR16.12* per share
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Volume:
47 599
|
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d.
Aggregated information:
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Total
ZAR767 295.88
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Volume:
47 599
|
|
e.
Transaction date:
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6 December 2024
|
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f. Place of
transaction:
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Johannesburg Stock
Exchange
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|
|
|
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Information disclosed in accordance with the JSE Listings
Requirements
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Nature of interest:
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Direct, beneficial
|
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Clearance to deal:
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Yes
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* Using the closing market price of
ZAR16.12 on 6 December 2024
Paphos, Cyprus
25 February 2025
JSE
Sponsor
Investec Bank Limited
Connect with us on
LinkedIn and
Twitter to get further news and updates about our
business.
Investor Relations
Contacts:
Ilja Graulich (Head of Investor Relations and
Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com
Broker
Contacts:
Peel Hunt LLP
(UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 7418 8900
BMO Capital Markets
Limited (UK Joint Broker)
Thomas Rider / Nick Macann
+44 207 236 1010
Berenberg (UK Joint
Broker)
Matthew Armitt / Jennifer Lee / Detlir Elezi
+44 203 207 7800
About Tharisa
Tharisa is an integrated resource
group critical to the energy transition and decarbonisation of
economies. It incorporates exploration, mining, processing and the
beneficiation, marketing, sales and logistics of PGMs and chrome
concentrates, using innovation and technology as enablers. Its
principal operating asset is the multi-generational Tharisa Mine,
located in the south-western limb of the Bushveld Complex, South
Africa. Tharisa is also developing the Karo Platinum Project, a
low-cost, open-pit PGM asset located on the Great Dyke in Zimbabwe,
while simultaneously focusing on beneficiation in the form of
chrome and PGM alloys. A 15-year Power Purchase Agreement with
Etana for the procurement of wheeled renewable energy and a 40 MW
solar project under construction will ensure that Tharisa Minerals'
drive to reduce its carbon footprint by 30% by 2030 is well within
reach, forming a major part of a roadmap to become net carbon
neutral by 2050. Redox One is accelerating the development of a
proprietary iron chromium redox flow long-duration battery
utilising the commodities we mine. Tharisa plc is listed on the
Johannesburg Stock Exchange (JSE: THA) and the Main Board of the
London Stock Exchange (LSE: THS).
