REG - Tharisa PLC - Director/PDMR Shareholding

TharisaAnnouncement

11/04/2023 15:00

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RNS Number : 8585V  Tharisa PLC  11 April 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 an associate of directors of a major subsidiary

 

 

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements,
the following information relating to dealings in securities attributable to
an associate of directors of a major subsidiary to settle the tax liability
arising from the BEE transaction announced on 16 February 2022 is disclosed:

 

 

 1.   Details of associate of director/PDMR
 a.      Name:                                                                  Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Details of directors and relationship of associate to directors:       Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                                                                Ditodi, who are directors and shareholders of Thari Resources (Pty) Ltd
 b.     Position/status:                                                        Non-executive directors - Tharisa Minerals (Pty) Ltd
 c.      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                                                   On-market sale of shares
 c.      Price and volume:                                                      Price:                                 Volume:

                                                                                ZAR22.00                               8 182

 d.     Aggregated information:                                                 Total                                  8 182

                                                                                ZAR180 004.00
 e.     Transaction date:                                                       14 February 2023
 f.      Place of transaction:                                                  Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                                                            Indirect, beneficial
 Clearance to deal:                                                             No

 

 1.  Details of director/PDMR
 a.      Name:                               Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                    Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                             Ditodi, who are directors and shareholders of Thari Resources (Pty) Ltd
 b.     Initial notification/amendment:      Non-executive directors - Tharisa Minerals (Pty) Ltd
 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                On-market sale of shares
 c.      Price and volume:                   Price:                                 Volume:

                                             ZAR22.00                               6 420

 d.     Aggregated information:              Total                                  6 420

                                             ZAR141 240.00
 e.     Transaction date:                    3 March 2023
 f.      Place of transaction:               Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                         Indirect, beneficial
 Clearance to deal:                          No

 

 

 

 1.  Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 338 704

 Lowest traded price per share: ZAR22.00      ZAR22.05

 Weighted average price per share: ZAR22.05

 Highest traded price per share ZAR22.15
 d.     Aggregated information:               Total                                  338 704

                                              ZAR7 468 423.20
 e.     Transaction date:                     6 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.  Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.07                               411 518

 Weighted average price per share: ZAR22.07

 Highest traded price per share ZAR22.35
 d.     Aggregated information:               Total                                  411 518

                                              ZAR9 082 202.26
 e.     Transaction date:                     7 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.  Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.01                               1 304

 Weighted average price per share: ZAR22.01

 Highest traded price per share ZAR22.10
 d.     Aggregated information:               Total                                  1 304

                                              ZAR28 701.04
 e.     Transaction date:                     8 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.  Details of director/PDMR
 a.      Name:                               Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                    Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                             Ditodi, who are directors and shareholders of Thari Resources (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                On-market sale of shares
 c.      Price and volume:                   Price:                                 Volume:

                                             ZAR22.00                               2 200

 d.     Aggregated information:              Total                                  2 200

                                             ZAR48 400.00
 e.     Transaction date:                    9 March 2023
 f.      Place of transaction:               Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                         Indirect, beneficial
 Clearance to deal:                          No

 

 

 

 1.  Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.00                               202 051

 Weighted average price per share: ZAR22.00

 Highest traded price per share ZAR22.01
 d.     Aggregated information:               Total                                  202 051

                                              ZAR4 445 122.00
 e.     Transaction date:                     16 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.  Details of director/PDMR
 a.      Name:                               Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                    Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                             Ditodi, who are directors and shareholders of Thari Resources (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                On-market sale of shares
 c.      Price and volume:                   Price:                                 Volume:

                                             ZAR22.00                               83 193

 d.     Aggregated information:              Total                                  83 193

                                             ZAR1 830 246.00
 e.     Transaction date:                    17 March 2023
 f.      Place of transaction:               Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                         Indirect, beneficial
 Clearance to deal:                          No

 

 

 1.  Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.00                               36 146

 Weighted average price per share: ZAR22.00

 Highest traded price per share ZAR22.12
 d.     Aggregated information:               Total                                  36 146

                                              ZAR795 212.00
 e.     Transaction date:                     27 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.    Details of director/PDMR
 a.      Name:                               Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                    Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                             Ditodi, who are directors and shareholders of Thari Resources (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                On-market sale of shares
 c.      Price and volume:                   Price:                                 Volume:

                                             ZAR22.00                               53 726

 d.     Aggregated information:              Total                                  53 726

                                             ZAR1 181 972.00
 e.     Transaction date:                    28 March 2023
 f.      Place of transaction:               Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                         Indirect, beneficial
 Clearance to deal:                          No

 

 

 

 

 

 

 1.    Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.04                               104 859

 Weighted average price per share: ZAR22.04

 Highest traded price per share ZAR22.11
 d.     Aggregated information:               Total                                  104 859

                                              ZAR2 311 092.36
 e.     Transaction date:                     29 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.    Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.03                               85 000

 Weighted average price per share: ZAR22.03

 Highest traded price per share ZAR22.10
 d.     Aggregated information:               Total                                  85 000

                                              ZAR1 872 550.00
 e.     Transaction date:                     30 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

 

 1.    Details of director/PDMR
 a.      Name:                                Thari Resources (Pty) Ltd
 2.   Reason for notification
 a.      Position/status:                     Moira June Jaquet-Briner, Sizakele Renee Ngwenya and Gugu Yvonne Yolande
                                              Ditodi, who are directors and shareholders of Thari Resources (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                 On-market sale of shares
 c.      Price and volume:                    Price:                                 Volume:

 Lowest traded price per share: ZAR22.00      ZAR22.01                               5 911

 Weighted average price per share: ZAR22.01

 Highest traded price per share ZAR22.01
 d.     Aggregated information:               Total                                  5 911

                                              ZAR130 101.11
 e.     Transaction date:                     31 March 2023
 f.      Place of transaction:                Johannesburg Stock Exchange

 Information disclosed in accordance with the JSE Listings Requirements
 Nature of interest:                          Indirect, beneficial
 Clearance to deal:                           No

 

Paphos, Cyprus

11 April 2023

 

JSE Sponsor

Investec Bank Limited

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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

 

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 development stage, low-cost, open-pit PGM asset 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).

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