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Pin to quick picksTharisa Regulatory News (THS)

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Update on mailing of circular - Salene Chrome

18 Jul 2018 13:00

RNS Number : 0380V
Tharisa PLC
18 July 2018
 

 

Tharisa plc

(Incorporated in the Republic of Cyprus with limited liability)

(Registration number HE223412)

JSE share code: THA

LSE share code: THS

ISIN: CY0103562118

('Tharisa')

 

Tharisa acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited - Update on the mailing of the circular

 

Shareholders are referred to the announcement published on 16 May 2018, wherein Tharisa advised that it had acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited at the par value thereof from Leto Settlement, a related party being the beneficial shareholder of Medway Developments Limited, a material shareholder in Tharisa.

 

Shareholders are advised that Tharisa is in the process of preparing the circular regarding the acquisition including a notice of a general meeting at which shareholders will consider and vote on the acquisition.

 

Tharisa has applied for, and the JSE has granted, an extension of the 60 day rule pursuant to paragraph 9.20(b) of the JSE Listings Requirements to mail the circular to shareholders by 16 August 2018.

 

 

Paphos, Cyprus

18 July 2018

 

JSE Sponsor

Investec Bank Limited

 

Investor Relations contact:

Tharisa plc

Sherilee Lakmidas

+27 11 996 3538

+27 79 276 2529

slakmidas@tharisa.com

 

Broker contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / James Bavister / David McKeown

+44 207 7418 8900

 

BMO Capital Markets Limited (UK Joint Broker)

Jeffrey Couch / Neil Haycock / Thomas Rider

+44 020 7236 1010

 

Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)

Shabbir Norath / Reginald Demana

+2711 295 6575

 

Financial PR contacts:

Bobby Morse / Anna Michniewicz

+44(0) 20 7466 5000

tharisa@buchanan.uk.com

 

 

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 or visit www.rns.com.
 
END
 
 
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