Tharisa PLC Trading Statement H1FY2021 (0364Z)
May 19 2021 - 1:00AM
UK Regulatory
TIDMTHS
RNS Number : 0364Z
Tharisa PLC
19 May 2021
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')
Trading statement -for the six months ended 31 March 2021
In terms of section 3.4(b) of the JSE Listings Requirements,
companies are required to provide guidance to the market when they
are satisfied that a reasonable degree of certainty exists that the
financial results for the current reporting period will differ by
at least 20% from the results of the previous corresponding
reporting period.
A production update for the six months ended 31 March 2021 was
released on the JSE Stock Exchange News Service and LSE Regulatory
News Service on 13 April 2021. The production report highlighted
operational improvements on all measured metrics and noted the
improved PGM basket price and increased chrome concentrate prices
received by Tharisa.
Tharisa is preparing its financial statements for the interim
results for the FY2021 financial year, with the Reviewed Interim
Condensed Consolidated Financial Statements expected to be released
on or about
27 May 2021.
Tharisa's basic earnings per share ('EPS') and headline earnings
per share ('HEPS') for the six months ended 31 March 2021 are
expected to be between US$ 21 and US$ 22 cents per share with a
tolerance of 10%, relative to the EPS and HEPS of US$ 3.6 cents and
US$ 3.7 cents per share for the six months ended
31 March 2020.
The financial information on which this trading statement is
based has not been reviewed and reported on by the Company's
auditors.
Paphos, Cyprus
19 May 2021
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
Financial PR contacts:
Bobby Morse / Augustine Chipungu / James Husband
+44 207 466 5000
tharisa@buchanan.uk.com
Broker contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / David McKeown / Alexander Allen
+44 207 7418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Pascal Lussier Duquette / Nick Macann
+44 207 236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
+44 203 207 7800
Nedbank Limited (acting through its Corporate and Investment
Banking division) (RSA Broker)
Carlyle Whittaker
+27 11 294 0061
About Tharisa
Tharisa is an integrated resource group incorporating mining,
processing, exploration and the beneficiation, marketing, sales and
logistics of PGMs and chrome concentrates. Its principal asset is
the Tharisa Mine located in the South-Western Limb of the Bushveld
complex, South Africa. The mechanised mine has a 14-year open pit
life of mine (LOM) and the ability to extend operations underground
by at least an additional 40 years. Tharisa also owns the Salene
Chrome project, a development stage, low cost, open pit asset,
located in the Great Dyke in Zimbabwe. Tharisa is listed on the
Johannesburg Stock Exchange (JSE: THA) and the Main Market of the
London Stock Exchange (LSE: THS).
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END
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