Tharisa PLC Director/PDMR Shareholding (6518O)

TIDMTHS

RNS Number : 6518O

Tharisa PLC

13 June 2022

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 a director of a major subsidiary

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements and pursuant to the announcement released on 9 June 2022, the following information relating to dealings in securities attributable to a director of a major subsidiary, is disclosed:

Sale of shares relating to the exercise of Appreciation Rights granted on 30 June 2017

Shareholders are hereby advised of the sale of shares in the open market by the administrator of the Tharisa Share Award Plan (TSAP), on behalf of the following participants of the TSAP, resulting from the exercise and settlement of Appreciation Rights granted on 30 June 2017 announced on 9 June 2022.

 
   1. Details of director/PDMR 
       a. Name:                                Alston Bratton Smith 
                                             -------------------------------- 
   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:    Ordinary shares of US$0.001 
               Identification code:             CY0103562118 
                                             -------------------------------- 
       b. Nature of transaction                On-market sale of shares 
                                             -------------------------------- 
       c. Price and volume:                    Price:                Volume: 
                                                ZAR26.90              11 736 
                                             --------------------  ---------- 
       d. Aggregated information:              Total                 Volume: 
                                                ZAR315 698.40         11 736 
                                             --------------------  ---------- 
       e. Transaction date:                    8 June 2022 
                                             -------------------------------- 
       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 
                                             -------------------------------- 
 

Paphos, Cyprus

13 June 2022

JSE Sponsor

Investec Bank Limited

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Investor relations contacts:

Ilja Graulich (Head of Investor Relations and Communications)

[phone]

[phone]

[e-mail]

Financial PR contacts:

Bobby Morse / Ariadna Peretz / James Husband

[phone]

[e-mail]

Broker contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / David McKeown / Alexander Allen

[phone]

BMO Capital Markets Limited (UK Joint Broker)

Thomas Rider / Pascal Lussier Duquette / Nick Macann

[phone]

Berenberg (UK Joint Broker)

Matthew Armitt / Jennifer Lee / Detlir Elezi

[phone]

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

Carlyle Whittaker

[phone]

About Tharisa

Tharisa is an integrated resource group critical to the energy transition and decarbonisation of economies. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its principal operating asset is the Tharisa Mine located in the south-western limb of the Bushveld Complex, South Africa. The mechanised mine has a 20-year open-pit life and the ability to extend operations underground by at least an additional 40 years. Tharisa also owns Karo Mining Holdings and Salene Chrome, development stage, low-cost, open-pit PGM and chrome assets respectively, located on the Great Dyke in Zimbabwe. The Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a roadmap is continuing to be net carbon neutral by 2050. Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS).

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June 13, 2022 07:00 ET (11:00 GMT)