REG - Tharisa PLC - Trading Statement H1 FY2026

TharisaAnnouncement

Today 07:01

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RNS Number : 1627E  Tharisa PLC  14 May 2026

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 - interim results for the six months ended 31 March 2026

 

In terms of sections 6.26 - 6.30 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 2026 was released on the
JSE Stock Exchange News Service and LSE Regulatory News Service on 14 April
2026. The production report detailed stronger commodity prices on a
year-on-year basis.

Tharisa is preparing the interim results for the FY2026 financial year, with
the Reviewed Interim Consolidated Financial Statements expected to be released
on or about 21 May 2026.

Tharisa's basic earnings per share ('EPS') for the six months ended 31 March
2026 are expected to be between US 15.3 cents and US 15.8 cents per share.
This is an increase of 512.0% to 532.0% relative to the EPS of US 2.5 cents
per share for the six months ended 31 March 2025.

Headline earnings per share ('HEPS') for the six months ended 31 March 2026
are expected to be between US 16.1 cents and US 16.6 cents per share, this is
an increase of 455.2% to 472.4% relative to the HEPS of US 2.9 cents per
share for the six months ended 31 March 2025.

The financial information on which this trading statement is based has not
been reviewed and reported on by the Company's auditors.

 

Paphos, Cyprus

14 May 2026

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)

 

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 PGMs and
chrome concentrates. The low cost, multigenerational Tharisa Mine is located
on the southwestern limb of the Bushveld Complex, South Africa, the largest
source of PGMs and chrome globally. Development of the Karo Platinum Project,
a tier-one PGM project on Zimbabwe's Great Dyke, further reinforces Tharisa's
growth strategy. Investments in downstream beneficiation, including proven
chrome and PGM alloy production, will add significant value when
commercialised. Tharisa is committed to reducing carbon emissions by 30% by
2030 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).

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