REG - Tharisa PLC - Dealing in securities by directors
07/07/2023 14:15
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230707:nRSG3880Fa&default-theme=true
RNS Number : 3880F Tharisa PLC 07 July 2023
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
Conditional Awards on 30 June 2023, in accordance with the rules of the
Tharisa Share Award Plan (TSAP). The vesting percentages, based on the
conditions attached to the awards, were finalised on 7 July 2023.
In terms of the rules of the TSAP, 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 Conditional Awards granted on 30 June 2020
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 21 209
d. Aggregated information: Total Volume:
ZAR392 366.50 21 209
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director - Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 23 307
d. Aggregated information: Total Volume:
ZAR431 179.50 23 307
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director - Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 12 679
d. Aggregated information: Total Volume:
ZAR234 561.50 12 679
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet Findlay
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 3 096
d. Aggregated information: Total Volume:
ZAR57 276.00 3 096
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 10 510
d. Aggregated information: Total Volume:
ZAR194 435.00 10 510
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Marios Tavros
2. Reason for notification
a. Position/status: Executive director - Arxo Resources Limited
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR18.50* per share 8 900
d. Aggregated information: Total Volume:
ZAR164 650 8 900
e. Transaction date: 6 July 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
* Using the closing market price of ZAR18.50 on 30 June 2023
Paphos, Cyprus
7 July 2023
JSE Sponsor
Investec Bank Limited
Connect with us on LinkedIn
(https://protect-za.mimecast.com/s/Hc4jCJZK7oIYv07fVi1n3?domain=linkedin.com)
and Twitter
(https://protect-za.mimecast.com/s/hll5CKO75pfnN3jUvSAEZ?domain=twitter.com)
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 (mailto:igraulich@tharisa.com)
Financial PR Contacts:
Bobby Morse / Oonagh Reidy
+44 207 466 5000
tharisa@buchanan.uk.com (mailto:tharisa@buchanan.uk.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
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 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 Tharisa Mine, located in the south-western limb of the
Bushveld Complex, South Africa. The mechanised mine has an 18 year pit life
and can extend operations underground by at least 40 years. Tharisa also owns
Karo Mining Holdings a low-cost, open-pit PGM asset under construction and
located on the Great Dyke in Zimbabwe. The Company is committed to reducing
its carbon emissions by 30% by 2030 and the development of a roadmap is
continuing to be net carbon neutral by 2050. Tharisa plc is listed on the
Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock
Exchange (LSE: THS).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHXDLFBXDLBBBQRecent news on Tharisa
See all newsREG - Tharisa PLC - Transaction in Own Shares
AnnouncementREG - Tharisa PLC - Q2 FY2024 Production Results
AnnouncementREG - Tharisa PLC - Transaction in Own Shares
AnnouncementREG - Tharisa PLC - US$5 Million General Share Repurchase
AnnouncementREG - Tharisa PLC - Results of AGM and dividend conversion rates
Announcement