22 Jul 2020 13:30
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 directors and company secretary of Tharisa and directors of major subsidiaries
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Tharisa hereby advises shareholders of the vesting and settlement of Conditional Awards and the vesting of Appreciation Rights on 30 June 2020, in accordance with the rules of the Tharisa Share Award Plan (TSAP). The vesting percentages, based on the conditions attached to the awards, were finalised on 21 July 2020.
In terms of the rules of the TSAP, tax obligations arising on the vesting date are for the account of the participant and provision is made for the sale of sufficient shares in the open market to fund the tax obligations, if required.
Vesting and settlement of Conditional Awards granted on 30 June 2017
1. Details of director/PDMR |
| |
a. Name: | Loucas Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive Chairman | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 107 196 |
d. Aggregated information: | Total ZAR1 339 950.00 | Volume: 107 196 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Phoevos Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Executive Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 94 294 |
d. Aggregated information: | Total ZAR1 178 675.00 | Volume: 94 294 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michael Gifford Jones | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Finance Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 79 404 |
d. Aggregated information: | Total ZAR992 550.00 | Volume: 79 404 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Sanet Findlay | |
2. Reason for notification |
| |
a. Position/status: | Group Company Secretary | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 21 940 |
d. Aggregated information: | Total ZAR274 250.00 | Volume: 21 940 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michelle Louise Taylor | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 74 472 |
d. Aggregated information: | Total ZAR930 900.00 | Volume: 74 472 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Hans Jurie van Wyk | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 36 552 |
d. Aggregated information: | Total ZAR456 900.00 | Volume: 36 552 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Thabang Gabriel Maluke | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 29 834 |
d. Aggregated information: | Total ZAR372 925.00 | Volume: 29 834 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 8 272 |
d. Aggregated information: | Total ZAR103 400.00 | Volume: 8 272 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
Vesting and settlement of Conditional Awards granted on 30 June 2018
1. Details of director/PDMR |
| |
a. Name: | Loucas Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive Chairman | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 29 346 |
d. Aggregated information: | Total ZAR366 825.00 | Volume: 29 346 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Phoevos Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Executive Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 26 619 |
d. Aggregated information: | Total ZAR332 737.50 | Volume: 26 619 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michael Gifford Jones | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Finance Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 21 495 |
d. Aggregated information: | Total ZAR268 687.50 | Volume: 21 495 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Sanet Findlay | |
2. Reason for notification |
| |
a. Position/status: | Group Company Secretary | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 6 258 |
d. Aggregated information: | Total ZAR78 225.00 | Volume: 6 258 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michelle Louise Taylor | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 21 243 |
d. Aggregated information: | Total ZAR265 537.50 | Volume: 21 243 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Hans Jurie van Wyk | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 18 558 |
d. Aggregated information: | Total ZAR231 975.00 | Volume: 18 558 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Thabang Gabriel Maluke | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 8 510 |
d. Aggregated information: | Total ZAR106 375.00 | Volume: 8 510 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 3 432 |
d. Aggregated information: | Total ZAR42 900.00 | Volume: 3 432 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
Vesting and settlement of Conditional Awards granted on 30 June 2019
1. Details of director/PDMR |
| |
a. Name: | Loucas Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive Chairman | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 36 166 |
d. Aggregated information: | Total ZAR452 075.00 | Volume: 36 166 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Phoevos Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Executive Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 39 948 |
d. Aggregated information: | Total ZAR499 350.00 | Volume: 39 948 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michael Gifford Jones | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Finance Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 21 794 |
d. Aggregated information: | Total ZAR272 425.00 | Volume: 21 794 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Sanet Findlay | |
2. Reason for notification |
| |
a. Position/status: | Group Company Secretary | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 5 701 |
d. Aggregated information: | Total ZAR71 262.50 | Volume: 5 701 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michelle Louise Taylor | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 19 351 |
d. Aggregated information: | Total ZAR241 887.50 | Volume: 19 351 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Hans Jurie van Wyk | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 16 391 |
d. Aggregated information: | Total ZAR204 887.50 | Volume: 16 391 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Thabang Gabriel Maluke | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 7 752 |
d. Aggregated information: | Total ZAR96 900.00 | Volume: 7 752 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR12.50* per share | Volume: 7 193 |
d. Aggregated information: | Total ZAR89 912.50 | Volume: 7 193 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
* Using the closing market price of ZAR12.50 on 30 June 2020
Vesting and settlement of Conditional Awards granted on 10 July 2020
These awards vested on 20 July 2020 and the vesting percentages, based on the conditions attached to the awards, were finalised on 21 July 2020.
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction
| Off-market vesting and settlement of Conditional Awards in shares | |
c. Price and volume: | Price: ZAR13.60# per share | Volume: 282 574 |
d. Aggregated information: | Total ZAR3 843 006.40 | Volume: 282 574 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Nature of interest: | Direct, beneficial | |
Clearance to deal: | Yes | |
# Using the closing market price of ZAR13.60 on 20 July 2020
Vesting of Appreciation Rights granted on 30 June 2018
In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above the award price, which may at the election of Tharisa be either cash or share settled. Appreciation Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the date of the award.
1. Details of director/PDMR |
| |
a. Name: | Loucas Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive Chairman | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 44 019 |
d. Aggregated information: | Total ZAR nil | Volume: 44 019 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Phoevos Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Executive Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 39 928 |
d. Aggregated information: | Total ZAR nil | Volume: 39 928 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michael Gifford Jones | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Finance Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 32 243 |
d. Aggregated information: | Total ZAR nil | Volume: 32 243 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Sanet Findlay | |
2. Reason for notification |
| |
a. Position/status: | Group Company Secretary | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 9 387 |
d. Aggregated information: | Total ZAR nil | Volume: 9 387 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michelle Louise Taylor | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 31 864 |
d. Aggregated information: | Total ZAR nil | Volume: 31 864 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Hans Jurie van Wyk | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 27 837 |
d. Aggregated information: | Total ZAR nil | Volume: 27 837 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Thabang Gabriel Maluke | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 12 765 |
d. Aggregated information: | Total ZAR nil | Volume: 12 765 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 5 147 |
d. Aggregated information: | Total ZAR nil | Volume: 5 147 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2018 | |
Market value at date of award: | ZAR17.96 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
Vesting of Appreciation Rights granted on 30 June 2019
In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above the award price, which may at the election of Tharisa be either cash or share settled. Appreciation Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the date of the award.
1. Details of director/PDMR |
| |
a. Name: | Loucas Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive Chairman | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 54 250 |
d. Aggregated information: | Total ZAR nil | Volume: 54 250 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Phoevos Pouroulis | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Executive Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 59 922 |
d. Aggregated information: | Total ZAR nil | Volume: 59 922 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michael Gifford Jones | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Chief Finance Officer | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 32 691 |
d. Aggregated information: | Total ZAR nil | Volume: 32 691 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Sanet Findlay | |
2. Reason for notification |
| |
a. Position/status: | Group Company Secretary | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 8 551 |
d. Aggregated information: | Total ZAR nil | Volume: 8 551 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Michelle Louise Taylor | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 29 026 |
d. Aggregated information: | Total ZAR nil | Volume: 29 026 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Hans Jurie van Wyk | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 24 587 |
d. Aggregated information: | Total ZAR nil | Volume: 24 587 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Thabang Gabriel Maluke | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Tharisa Minerals (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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 11 628 |
d. Aggregated information: | Total ZAR nil | Volume: 11 628 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
1. Details of director/PDMR |
| |
a. Name: | Marios Tavros | |
2. Reason for notification |
| |
a. Position/status: | Executive director - Arxo Resources Limited | |
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: Identification code: | Ordinary shares of US$0.001 CY0103562118 | |
b. Nature of transaction | Off-market vesting of Appreciation Rights | |
c. Price and volume: | Price: ZAR nil | Volume: 10 790 |
d. Aggregated information: | Total ZAR nil | Volume: 10 790 |
e. Transaction date: | 21 July 2020 | |
f. Place of transaction: | Johannesburg Stock Exchange | |
|
| |
Information disclosed in accordance with the JSE Listings Requirements | ||
Date of award: | 30 June 2019 | |
Market value at date of award: | ZAR20.08 per share | |
Nature of interest: | Direct, beneficial | |
Vesting date, subject to performance conditions determined on 21 July 2020: | 30 June 2020 | |
Vesting transaction date: | 21 July 2020 | |
Clearance to deal: | Yes | |
Paphos, Cyprus
22 July 2020
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
Financial PR contacts:
Bobby Morse / Augustine Chipungu / James Husband
+44 207 466 5000
tharisa@buchanan.uk.com
Broker contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / David McKeown / Alexander Allen
+44 207 7418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Neil Elliot / Michael Rechsteiner
+44 207 236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
+44 203 207 7800
Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)
Shabbir Norath
+27 11 295 6575
Tharisa (THS)