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')
Dealings in
securities by directors and company secretary of Tharisa and
directors of major subsidiaries
In compliance with paragraph 3.63 of
the JSE Limited Listings Requirements, Tharisa hereby advises
shareholders of the vesting and settlement of the 2021 Award on 6
December 2024, in accordance with the rules of the Tharisa plc
Long-Term Incentive Plan 2021 (LTIP).
In terms of the rules of the LTIP,
tax obligations arising on the vesting date are for the account of
the participant and a decision has been taken to settle the tax
liability of participants in cash, with the net balance being
equity settled.
Vesting
and settlement of LTIPs granted on 8 December 2021
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1. Details of director/PDMR
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a.
Name:
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Loucas Pouroulis
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2. Reason for notification
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a.
Position/status:
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Executive Chairman
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b.
Initial notification/amendment:
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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:
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Ordinary shares of
US$0.001
CY0103562118
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b.
Nature of transaction
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Off-market vesting and settlement of
Conditional Awards in shares
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c.
Price and volume:
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Price:
ZAR16.12* per share
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Volume:
258 512
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d.
Aggregated information:
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Total
ZAR4 167 213.44
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Volume:
258 512
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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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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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1. Details of director/PDMR
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a.
Name:
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Phoevos Pouroulis
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2. Reason for notification
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a.
Position/status:
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Executive director - Chief Executive
Officer
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b.
Initial notification/amendment:
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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:
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Ordinary shares of
US$0.001
CY0103562118
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b.
Nature of transaction
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Off-market vesting and settlement of
Conditional Awards in shares
|
|
c.
Price and volume:
|
Price:
ZAR16.12* per share
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Volume:
265 576
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d.
Aggregated information:
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Total
ZAR4 281 085.12
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Volume:
265 576
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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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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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1. Details of director/PDMR
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a.
Name:
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Michael Gifford Jones
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2. Reason for notification
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a.
Position/status:
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Executive director - Chief Finance
Officer
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b.
Initial notification/amendment:
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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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|
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a.
Description of instrument:
Identification code:
|
Ordinary shares of
US$0.001
CY0103562118
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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:
153 874
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d.
Aggregated information:
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Total
ZAR2 480 448.88
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Volume:
153 874
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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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1. Details of director/PDMR
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a.
Name:
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Sanet Findlay
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2. Reason for notification
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a.
Position/status:
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Group Company Secretary
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b.
Initial notification/amendment:
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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
|
|
|
a.
Description of instrument:
Identification code:
|
Ordinary shares of
US$0.001
CY0103562118
|
|
b.
Nature of transaction
|
Off-market vesting and settlement of
Conditional Awards in shares
|
|
c.
Price and volume:
|
Price:
ZAR16.12* per share
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Volume:
26 022
|
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d.
Aggregated information:
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Total
ZAR419 474.64
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Volume:
26 022
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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
|
|
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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1. Details of director/PDMR
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a.
Name:
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Michelle Louise Taylor
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2. Reason for notification
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a.
Position/status:
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Executive director - Tharisa
Minerals (Pty) Ltd
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b.
Initial notification/amendment:
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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
|
|
|
a.
Description of instrument:
Identification code:
|
Ordinary shares of
US$0.001
CY0103562118
|
|
b.
Nature of transaction
|
Off-market vesting and settlement of
Conditional Awards in shares
|
|
c.
Price and volume:
|
Price:
ZAR16.12* per share
|
Volume:
134 430
|
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d.
Aggregated information:
|
Total
ZAR2 167 011.60
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Volume:
134 430
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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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Information disclosed in accordance with the JSE Listings
Requirements
|
|
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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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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a.
Position/status:
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Executive director - Arxo Resources
Limited
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b.
Initial notification/amendment:
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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
|
|
|
a.
Description of instrument:
Identification code:
|
Ordinary shares of
US$0.001
CY0103562118
|
|
b.
Nature of transaction
|
Off-market vesting and settlement of
Conditional Awards in shares
|
|
c.
Price and volume:
|
Price:
ZAR16.12* per share
|
Volume:
66 110
|
|
d.
Aggregated information:
|
Total
ZAR1 065 693.20
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Volume:
66 110
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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
11 December 2024
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).
