Tharisa PLC Dealings in securities by directors (2645B)
June 15 2016 - 7:00AM
UK Regulatory
TIDMTHS
RNS Number : 2645B
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 granting,
acceptance and settlement of unconditional performance shares on 15
June 2016 in relation to the successful listing of Tharisa on the
London Stock Exchange.
Award and settlement of performance shares on 15 June 2016
Name Phoevos Pouroulis
---------------------------- -------------------------------
Company Tharisa plc
---------------------------- -------------------------------
Position Executive director -
Chief Executive Officer
---------------------------- -------------------------------
Transaction date 15 June 2016
---------------------------- -------------------------------
Nature of transaction Off-market acceptance
and settlement of performance
shares
---------------------------- -------------------------------
Class of securities Ordinary shares
---------------------------- -------------------------------
Number of performance
shares granted 13 409
---------------------------- -------------------------------
Number of shares issued 13 409
---------------------------- -------------------------------
Issue price * ZAR11.00 per share
---------------------------- -------------------------------
Total value of transaction ZAR147 499.00
*
---------------------------- -------------------------------
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 acceptance
and settlement of performance
shares
---------------------------- -------------------------------
Class of securities Ordinary shares
---------------------------- -------------------------------
Number of performance
shares granted 2 682
---------------------------- -------------------------------
Number of shares issued 2 682
---------------------------- -------------------------------
Issue price * ZAR11.00 per share
---------------------------- -------------------------------
Total value of transaction ZAR29 502.00
*
---------------------------- -------------------------------
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 acceptance
and settlement of performance
shares
---------------------------- -------------------------------
Class of securities Ordinary shares
---------------------------- -------------------------------
Number of performance
shares granted 1 341
---------------------------- -------------------------------
Number of shares issued 1 341
---------------------------- -------------------------------
Issue/settlement price ZAR11.00 per share
*
---------------------------- -------------------------------
Total value of transaction ZAR14 751.00
*
---------------------------- -------------------------------
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 acceptance
and settlement of performance
shares
---------------------------- -------------------------------
Class of securities Ordinary shares
---------------------------- -------------------------------
Number of performance
shares granted 2 682
---------------------------- -------------------------------
Number of shares issued 2 682
---------------------------- -------------------------------
Issue price * ZAR11.00 per share
---------------------------- -------------------------------
Total value of transaction ZAR29 502.00
*
---------------------------- -------------------------------
Nature of interest Direct, beneficial
---------------------------- -------------------------------
Clearance to deal Yes
---------------------------- -------------------------------
* Using the closing market price of ZAR11.00 on 14 June
2016.
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
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