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THS Tharisa Plc

67.50
0.50 (0.75%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tharisa Plc LSE:THS London Ordinary Share CY0103562118 ORD USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.75% 67.50 67.00 68.00 67.50 67.50 67.50 133,739 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 649.89M 82.24M 0.2743 2.52 206.86M

Tharisa PLC Dealings in securities by directors (2013B)

15/06/2016 9:00am

UK Regulatory


Tharisa (LSE:THS)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Tharisa Charts.

TIDMTHS

RNS Number : 2013B

Tharisa PLC

15 June 2016

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')

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 vesting and settlement of Conditional Awards and the vesting of Appreciation Rights on 14 June 2016, in accordance with the rules of the Tharisa Share Award Plan (TSAP).

In terms of the rules of the TSAP, tax obligations arising on the vesting date shall be for the account of the participant and provision is made for part settlement in cash or the sale of sufficient shares to fund the tax obligations, if required.

Vesting and settlement of Conditional Awards granted on 9 April 2014

 
 Name:                           Loucas Pouroulis 
------------------------------  --------------------------- 
 Company:                        Tharisa plc 
------------------------------  --------------------------- 
 Position:                       Executive Chairman 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 53 684 
------------------------------  --------------------------- 
 Number of shares issued:        53 684 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR590 524.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Phoevos Pouroulis 
------------------------------  --------------------------- 
 Company:                        Tharisa plc 
------------------------------  --------------------------- 
 Position:                       Executive director - 
                                  Chief Executive Officer 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 44 737 
------------------------------  --------------------------- 
 Number of shares issued:        44 737 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR492 107.00 
------------------------------  --------------------------- 
 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 vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 40 263 
------------------------------  --------------------------- 
 Number of shares issued:        40 263 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR442 893.00 
------------------------------  --------------------------- 
 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 vesting and 
                                  settlement of Conditional 
                                  Awards in shares and 
                                  cash 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 10 544 
------------------------------  --------------------------- 
 Number of shares issued:        6 221 
------------------------------  --------------------------- 
 Number of awards settled 
  in cash:                       4 323 
------------------------------  --------------------------- 
 Issue/settlement price:         ZAR11.00 per share 
  * 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR115 984.00 
------------------------------  --------------------------- 
 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 vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 35 789 
------------------------------  --------------------------- 
 Number of shares issued:        21 116 
------------------------------  --------------------------- 
 Number of awards settled 
  in cash:                       14 673 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR393 679.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Hans van Wyk 
------------------------------  --------------------------- 
 Company:                        Tharisa Minerals (Pty) 
                                  Ltd 
------------------------------  --------------------------- 
 Position:                       Executive director 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 5 318 
------------------------------  --------------------------- 
 Number of shares issued:        5 318 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR58 498.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Thabang Gabriel Maluke 
------------------------------  --------------------------- 
 Company:                        Tharisa Minerals (Pty) 
                                  Ltd 
------------------------------  --------------------------- 
 Position:                       Executive director 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 12 552 
------------------------------  --------------------------- 
 Number of shares issued:        12 552 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR138 072.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Moira June Jaquet-Briner 
------------------------------  --------------------------- 
 Company:                        Tharisa Minerals (Pty) 
                                  Ltd 
------------------------------  --------------------------- 
 Position:                       Non-executive director 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 17 544 
------------------------------  --------------------------- 
 Number of shares issued:        17 544 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR192 984.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Sizakele Renee Ngwenya 
------------------------------  --------------------------- 
 Company:                        Tharisa Minerals (Pty) 
                                  Ltd 
------------------------------  --------------------------- 
 Position:                       Non-executive director 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 17 544 
------------------------------  --------------------------- 
 Number of shares issued:        17 544 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR192 984.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 
 
 Name:                           Gugu Yvonne Yolande 
------------------------------  --------------------------- 
 Company:                        Tharisa Minerals (Pty) 
                                  Ltd 
------------------------------  --------------------------- 
 Position:                       Alternate non-executive 
                                  director 
------------------------------  --------------------------- 
 Transaction date:               14 June 2016 
------------------------------  --------------------------- 
 Nature of transaction:          Off-market vesting and 
                                  settlement of Conditional 
                                  Awards in shares 
------------------------------  --------------------------- 
 Class of securities:            Ordinary shares 
------------------------------  --------------------------- 
 Number of Conditional 
  Awards vested:                 17 544 
------------------------------  --------------------------- 
 Number of shares issued:        17 544 
------------------------------  --------------------------- 
 Issue price: *                  ZAR11.00 per share 
------------------------------  --------------------------- 
 Total value of transaction:*    ZAR192 984.00 
------------------------------  --------------------------- 
 Nature of interest:             Direct, beneficial 
------------------------------  --------------------------- 
 Clearance to deal:              Yes 
------------------------------  --------------------------- 
 

* Using the closing market price of ZAR11.00 on 14 June 2016.

Vesting of Appreciation Rights granted on 9 April 2014

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.

 
 Name:                     Loucas Pouroulis 
------------------------  ---------------------- 
 Company:                  Tharisa plc 
------------------------  ---------------------- 
 Position:                 Executive Chairman 
------------------------  ---------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ---------------------- 
 Date of award:            9 April 2014 
------------------------  ---------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ---------------------- 
 Vesting date:             14 June 2016 
------------------------  ---------------------- 
 Number of Appreciation 
  Rights vested:           33 552 
------------------------  ---------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ---------------------- 
 Clearance to deal:        Not required 
------------------------  ---------------------- 
 
 
 Name:                     Phoevos Pouroulis 
------------------------  ------------------------- 
 Company:                  Tharisa plc 
------------------------  ------------------------- 
 Position:                 Executive director - 
                            Chief Executive Officer 
------------------------  ------------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ------------------------- 
 Date of award:            9 April 2014 
------------------------  ------------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ------------------------- 
 Vesting date:             14 June 2016 
------------------------  ------------------------- 
 Number of Appreciation 
  Rights vested:           40 263 
------------------------  ------------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ------------------------- 
 Clearance to deal:        Not required 
------------------------  ------------------------- 
 
 
 Name:                     Michael Gifford Jones 
------------------------  ----------------------- 
 Company:                  Tharisa plc 
------------------------  ----------------------- 
 Position:                 Executive director - 
                            Chief Finance Officer 
------------------------  ----------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ----------------------- 
 Date of award:            9 April 2014 
------------------------  ----------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ----------------------- 
 Vesting date:             14 June 2016 
------------------------  ----------------------- 
 Number of Appreciation 
  Rights vested:           30 197 
------------------------  ----------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ----------------------- 
 Clearance to deal:        Not required 
------------------------  ----------------------- 
 
 
 Name:                     Sanet de Witt 
------------------------  ------------------------ 
 Company:                  Tharisa plc 
------------------------  ------------------------ 
 Position:                 Group Company Secretary 
------------------------  ------------------------ 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ------------------------ 
 Date of award:            9 April 2014 
------------------------  ------------------------ 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ------------------------ 
 Vesting date:             14 June 2016 
------------------------  ------------------------ 
 Number of Appreciation 
  Rights vested:           10 544 
------------------------  ------------------------ 
 Nature of interest:       Direct, beneficial 
------------------------  ------------------------ 
 Clearance to deal:        Not required 
------------------------  ------------------------ 
 
 
 Name:                     Michelle Louise Taylor 
------------------------  ----------------------- 
 Company:                  Tharisa Minerals (Pty) 
                            Ltd 
------------------------  ----------------------- 
 Position:                 Executive director 
------------------------  ----------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ----------------------- 
 Date of award:            9 April 2014 
------------------------  ----------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ----------------------- 
 Vesting date:             14 June 2016 
------------------------  ----------------------- 
 Number of Appreciation 
  Rights vested:           26 842 
------------------------  ----------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ----------------------- 
 Clearance to deal:        Not required 
------------------------  ----------------------- 
 
 
 Name:                     Hans van Wyk 
------------------------  ----------------------- 
 Company:                  Tharisa Minerals (Pty) 
                            Ltd 
------------------------  ----------------------- 
 Position:                 Executive director 
------------------------  ----------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ----------------------- 
 Date of award:            9 April 2014 
------------------------  ----------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ----------------------- 
 Vesting date:             14 June 2016 
------------------------  ----------------------- 
 Number of Appreciation 
  Rights vested:           18 612 
------------------------  ----------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ----------------------- 
 Clearance to deal:        Not required 
------------------------  ----------------------- 
 
 
 Name:                     Thabang Gabriel Maluke 
------------------------  ----------------------- 
 Company:                  Tharisa Minerals (Pty) 
                            Ltd 
------------------------  ----------------------- 
 Position:                 Executive director 
------------------------  ----------------------- 
 Nature of transaction:    Off-market vesting of 
                            Appreciation Rights 
------------------------  ----------------------- 
 Date of award:            9 April 2014 
------------------------  ----------------------- 
 Market value at date      ZAR38.00 per share 
  of award: 
------------------------  ----------------------- 
 Vesting date:             14 June 2016 
------------------------  ----------------------- 
 Number of Appreciation 
  Rights vested:           12 552 
------------------------  ----------------------- 
 Nature of interest:       Direct, beneficial 
------------------------  ----------------------- 
 Clearance to deal:        Not required 
------------------------  ----------------------- 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBRGDLDDBBGLS

(END) Dow Jones Newswires

June 15, 2016 04:00 ET (08:00 GMT)

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