REG - Tharisa PLC - Transaction in Own Shares and Total Voting Rights

TharisaAnnouncement

Yesterday 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251124:nRSX6240Ia&default-theme=true

RNS Number : 6240I  Tharisa PLC  24 November 2025

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')

 

THARISA PLC TRANSACTION IN OWN SHARES

Tharisa, the mining, metals, and innovation company dual-listed on the
Johannesburg and London stock exchanges, announces that, in accordance with
the terms of its share repurchase programme announced on 29 May 2025 (the
'Repurchase Programme'), it purchased the following number of ordinary shares
of USD0.001 each in the Company ('Ordinary Shares') through Peel Hunt LLP
('Peel Hunt'). The Ordinary Shares purchased will be held in treasury for a
period not exceeding two calendar years from the repurchase date and, unless
reissued, will be cancelled.

Purchases during the period 17 November 2025 to 21 November 2025

 Johannesburg Stock Exchange ('JSE') purchases
 Date of purchase                                      17 November 2025 to 21 November 2025
 Aggregate number of Ordinary Shares purchased on JSE  10 400
 Lowest price paid per share:                          ZAR21.4000
 Highest price paid per share:                         ZAR22.0000
 Volume weighted average price paid per share:         ZAR21.6611

 The aggregate number of shares purchased on the JSE in terms of the Repurchase
 Programme since

29 May 2025 is 339 538 shares at an average price of ZAR21.0512 per share and
 a total cost (including dealing and associated costs) of ZAR7 147 679.94.

 London Stock Exchange ('LSE') purchases
 Date of purchase                                      17 November 2025 to 21 November 2025
 Aggregate number of Ordinary Shares purchased on LSE  313 375
 Lowest price paid per share:                          93.00 pence
 Highest price paid per share:                         97.28 pence
 Volume weighted average price paid per share:         95.84 pence

 The aggregate number of shares purchased on the LSE in terms of the Repurchase
 Programme since

29 May 2025 is 3 204 694 shares at an average price of 89.87 pence per share
 and a total cost (including dealing and associated costs) of
 GBP2 879 989.66.

 

Following the purchases during this period, the Company has 302 596 743
Ordinary Shares in issue, of which 8 895 121 Ordinary Shares are held in
treasury.

The total number of voting rights in Tharisa is therefore 293 701 622. This
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

The information contained in this update is the responsibility of the board of
directors and has not been reviewed or reported on by the Group's external
auditors.

During any of Tharisa's closed periods, Peel Hunt will make trading decisions
in relation to the Company's securities independently of the Company. Any
share purchases during these periods will be undertaken within certain pre-set
parameters and in accordance with the Company's general authority to
repurchase shares.

Paphos, Cyprus

24 November 2025

 

JSE Sponsor

Investec Bank Limited

Connect with us on LinkedIn
(https://protect-za.mimecast.com/s/Hc4jCJZK7oIYv07fVi1n3?domain=linkedin.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)

 

Broker Contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / Georgia Langoulant

+44 207 418 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 - delivering on expansion and growth opportunities,
commercialising technology solutions

Tharisa is an integrated resource group playing a pivotal role in the global
energy transition and the decarbonisation of economies. Leveraging innovation
and technology, Tharisa covers the entire value chain-exploration, mining,
processing, beneficiation, marketing, sales, and logistics-for platinum group
metals (PGMs) and chrome concentrates. The multi-generational Tharisa Mine on
the south-western limb of the Bushveld Complex, South Africa-one of the
richest sources of PGMs and chrome globally, while development of the Karo
Platinum Project, a tier-one PGM project on Zimbabwe's Great Dyke, further
reinforces Tharisa's growth strategy. Investments in beneficiation, including
chrome and PGM alloy production, add significant downstream value. Tharisa is
committed to reducing carbon emissions by 30% by and the  sustainability
roadmap targets net carbon neutrality by 2050. Through Redox One, Tharisa is
advancing proprietary iron chromium redox flow battery technology, utilising
the very commodities it mines to support long-duration energy storage-a key
component in the transition to renewable energy.

 

Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the
London Stock Exchange (LSE: THS, Equity Shares (Transition) Category).

 

 

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  POSBBBLTMTJTBPA



            Copyright 2019 Regulatory News Service, all rights reserved