Last checked at 15 Jun 2016 12:00
Tharisa plc(Incorporated in the Republic of Cyprus with limited liability)(Registration number HE223412)JSE share code THA
LSE share code THSISIN CY0103562118(Tharisa)
Dealings in securities by directors and company secretary of Tharisa and directors of major subsidiary
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Tharisa hereby advises shareholders of the granting, acceptance and settlement of unconditional performance shares on 15 June 2016 in relation to the successful listing of Tharisa on the London Stock Exchange.
Award and settlement of performance shares on 15 June 2016
Name | Phoevos Pouroulis |
Company | Tharisa plc |
Position | Executive director - Chief Executive Officer |
Transaction date | 15 June 2016 |
Nature of transaction | Off-market acceptance and settlement of performance shares |
Class of securities | Ordinary shares |
Number of performance shares granted | 13 409 |
Number of shares issued | 13 409 |
Issue price * | ZAR11.00 per share |
Total value of transaction * | ZAR147 499.00 |
Nature of interest | Direct, beneficial |
Clearance to deal | Yes |
Name | Michael Gifford Jones |
Company | Tharisa plc |
Position | Executive director - Chief Finance Officer |
Transaction date | 14 June 2016 |
Nature of transaction | Off-market acceptance and settlement of performance shares |
Class of securities | Ordinary shares |
Number of performance shares granted | 2 682 |
Number of shares issued | 2 682 |
Issue price * | ZAR11.00 per share |
Total value of transaction * | ZAR29 502.00 |
Nature of interest | Direct, beneficial |
Clearance to deal | Yes |
Name | Sanet de Witt |
Company | Tharisa plc |
Position | Group Company Secretary |
Transaction date | 14 June 2016 |
Nature of transaction | Off-market acceptance and settlement of performance shares |
Class of securities | Ordinary shares |
Number of performance shares granted | 1 341 |
Number of shares issued | 1 341 |
Issue/settlement price * | ZAR11.00 per share |
Total value of transaction * | ZAR14 751.00 |
Nature of interest | Direct, beneficial |
Clearance to deal | Yes |
Name | Michelle Louise Taylor |
Company | Tharisa Minerals (Pty) Ltd |
Position | Executive director |
Transaction date | 14 June 2016 |
Nature of transaction | Off-market acceptance and settlement of performance shares |
Class of securities | Ordinary shares |
Number of performance shares granted | 2 682 |
Number of shares issued | 2 682 |
Issue price * | ZAR11.00 per share |
Total value of transaction * | ZAR29 502.00 |
Nature of interest | Direct, beneficial |
Clearance to deal | Yes |
* Using the closing market price of ZAR11.00 on 14 June 2016.
Paphos, Cyprus
15 June 2016
JSE Sponsor
Investec Bank Limited
About Tharisa
Tharisa is an integrated resources group incorporating mining, processing, beneficiation, marketing, sales and logistics of platinum group metals ('PGMs') and chrome concentrates. The Company's primary asset, the Tharisa Mine, which is located on the south western limb of South Africa's Bushveld Complex, has an estimated open pit life-of-mine of approximately 20 years, and a further estimated underground life of mine of approximately 40 years.
The Tharisa Mine's processing facilities have a nameplate design capacity for processing a total of 400 ktpm of ROM ore.
The group's strategy is to become a global natural resources company focused on originating, developing and operating mines in the PGM, chrome and steel raw materials sectors.