Source - LSE Regulatory
RNS Number : 0676Q
Tharisa PLC
23 February 2021
 

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 a director

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information relating to dealings in securities by a director, is disclosed:

 

Exercise of Appreciation Rights granted on 30 June 2015

Shareholders are hereby advised of the exercise of 59 394 vested Appreciation Rights and the sale of the resultant 39 326 ordinary shares.

 

1.   Details of director/PDMR


a.      Name:

Michael Gifford Jones

2.   Reason for notification


a.      Position/status:

Executive director - Tharisa plc

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

Exercise and settlement of vested Appreciation Rights and on-market sale of resultant shares

c.      Price and volume:

Price:

ZAR26.40

Volume:

39 326

d.     Aggregated information:

Total

ZAR1 038 206.40

Volume:

39 326

e.     Transaction date:

19 February 2021

f.      Place of transaction:

Johannesburg Stock Exchange



Information disclosed in accordance with the JSE Listings Requirements

Date of award:

30 June 2015

Market value at date of award:

ZAR6.44 per share

Vesting date:

30 June 2016 and 30 June 2017

Number of Appreciation Rights exercised:

59 394

Number of securities issued:

39 326

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

Exercise of Appreciation Rights granted on 30 June 2016

Shareholders are hereby advised of the exercise of 301 730 vested Appreciation Rights and the sale of the resultant 141 208 ordinary shares.

 

1.    Details of director/PDMR


a.      Name:

Michael Gifford Jones

2.   Reason for notification


a.      Position/status:

Executive director - Tharisa plc

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

Exercise and settlement of vested Appreciation Rights and on-market sale of resultant shares

c.      Price and volume:

Price:

ZAR26.40

Volume:

141 208

d.     Aggregated information:

Total

ZAR3 727 891.20

Volume:

141 208

e.     Transaction date:

19 February 2021

f.      Place of transaction:

Johannesburg Stock Exchange



Information disclosed in accordance with the JSE Listings Requirements

Date of award:

30 June 2016

Market value at date of award:

ZAR10.14 per share

Vesting date:

30 June 2017 and 30 June 2018

Number of Appreciation Rights exercised:

301 730

Number of securities issued:

141 208

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

Paphos, Cyprus

23 February 2021

JSE Sponsor

Investec Bank Limited

Connect with us on LinkedIn and Twitter 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 

 

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 / Pascal Lussier Duquette / Nick Macann

+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)

Carlyle Whittaker

+27 11 294 0061

About Tharisa

 

Tharisa is an integrated resource group incorporating mining, processing, exploration and the beneficiation, marketing, sales and logistics of PGMs and chrome concentrates. Its principle asset is the Tharisa Mine located in the South-Western Limb of the Bushveld complex, South Africa. The open pit, mechanised mine has a 14-year open pit life of mine (LOM) and the ability to extend operations underground by at least 40 years. Tharisa is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Market of the London Stock Exchange (LSE: THS).

 

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