TIDMTHS

RNS Number : 2625Q

Tharisa PLC

08 September 2017

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

Tharisa hereby advises shareholders of the sale of shares in the open market by the administrator of the Tharisa Share Award Plan (TSAP), on behalf of the participants of the TSAP, to cover the tax obligations resulting from the vesting and settlement of the Conditional Awards on 30 June 2017, as provided for in the rules of the TSAP.

 
 Total number of shares sold in 
  the market:                         953 517 
 Period of sales to settle tax        4 August 2017 to 4 September 
  obligations:                         2017 
 Lowest traded price per share:       ZAR14.50 
 Weighted average price per share:    ZAR15.0936 
 Highest traded price per share:      ZAR17.50 
 

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, and pursuant to the announcement released on 6 July 2017, the following information relating to dealings in securities attributable to the directors and company secretary of Tharisa and a major subsidiary, is disclosed:

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 9 April 2014

 
 Name:                          Loucas Pouroulis 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Executive Chairman 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          23 384 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR352 952.93 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Phoevos Pouroulis 
-----------------------------  ------------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------------------- 
 Position:                      Executive director - Chief Executive 
                                 Officer 
-----------------------------  ------------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------------------- 
 Number of securities:          19 486 
-----------------------------  ------------------------------------- 
 Total value of transaction:    ZAR294 119.37 
-----------------------------  ------------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------------------- 
 
 
 Name:                          Michael Gifford Jones 
-----------------------------  ----------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ----------------------------------- 
 Position:                      Executive director - Chief Finance 
                                 Officer 
-----------------------------  ----------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ----------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ----------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ----------------------------------- 
 Number of securities:          17 538 
-----------------------------  ----------------------------------- 
 Total value of transaction:    ZAR264 709.17 
-----------------------------  ----------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ----------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ----------------------------------- 
 
 
 Name:                          Sanet de Witt 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Group Company Secretary 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          4 593 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR69 318.40 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Michelle Louise Taylor 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          15 590 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR235 302.00 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Hans van Wyk 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          2316 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR34 953.63 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Thabang Gabriel Maluke 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          5 468 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR82 530.38 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 30 June 2015

 
 Name:                          Loucas Pouroulis 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Executive Chairman 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          45 994 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR694 216.15 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Phoevos Pouroulis 
-----------------------------  ------------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------------------- 
 Position:                      Executive director - Chief Executive 
                                 Officer 
-----------------------------  ------------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------------------- 
 Number of securities:          38 328 
-----------------------------  ------------------------------------- 
 Total value of transaction:    ZAR578 508.40 
-----------------------------  ------------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------------------- 
 
 
 Name:                          Michael Gifford Jones 
-----------------------------  ----------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ----------------------------------- 
 Position:                      Executive director - Chief Finance 
                                 Officer 
-----------------------------  ----------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ----------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ----------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ----------------------------------- 
 Number of securities:          34 495 
-----------------------------  ----------------------------------- 
 Total value of transaction:    ZAR520 647.96 
-----------------------------  ----------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ----------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ----------------------------------- 
 
 
 Name:                          Sanet de Witt 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Group Company Secretary 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          9 575 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR144 520.71 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Michelle Louise Taylor 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          30 662 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR462 800.04 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Hans van Wyk 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          4 088 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR61 696.41 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Thabang Gabriel Maluke 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          11 158 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR168 413.78 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 30 June 2016

 
 Name:                          Loucas Pouroulis 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Executive Chairman 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          58 414 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR881 672.26 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Phoevos Pouroulis 
-----------------------------  ------------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------------------- 
 Position:                      Executive director - Chief Executive 
                                 Officer 
-----------------------------  ------------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------------------- 
 Number of securities:          48 678 
-----------------------------  ------------------------------------- 
 Total value of transaction:    ZAR734 719.87 
-----------------------------  ------------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------------------- 
 
 
 Name:                          Michael Gifford Jones 
-----------------------------  ----------------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ----------------------------------- 
 Position:                      Executive director - Chief Finance 
                                 Officer 
-----------------------------  ----------------------------------- 
 Date:                          4 September 2017 
-----------------------------  ----------------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ----------------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ----------------------------------- 
 Number of securities:          43 810 
-----------------------------  ----------------------------------- 
 Total value of transaction:    ZAR661 243.68 
-----------------------------  ----------------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ----------------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ----------------------------------- 
 
 
 Name:                          Sanet de Witt 
-----------------------------  ------------------------- 
 Company:                       Tharisa plc 
-----------------------------  ------------------------- 
 Position:                      Group Company Secretary 
-----------------------------  ------------------------- 
 Date:                          4 September 2017 
-----------------------------  ------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  ------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  ------------------------- 
 Number of securities:          12 160 
-----------------------------  ------------------------- 
 Total value of transaction:    ZAR183 545.19 
-----------------------------  ------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  ------------------------- 
 Clearance to deal:             Yes 
-----------------------------  ------------------------- 
 
 
 Name:                          Michelle Louise Taylor 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          41 278 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR623 040.77 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Hans van Wyk 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          20 258 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR305 760.43 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 
 
 Name:                          Thabang Gabriel Maluke 
-----------------------------  --------------------------- 
 Company:                       Tharisa Minerals (Pty) Ltd 
-----------------------------  --------------------------- 
 Position:                      Executive director 
-----------------------------  --------------------------- 
 Date:                          4 September 2017 
-----------------------------  --------------------------- 
 Nature of transaction:         On-market sale of shares 
-----------------------------  --------------------------- 
 Class of securities:           Ordinary shares 
-----------------------------  --------------------------- 
 Number of securities:          16 536 
-----------------------------  --------------------------- 
 Total value of transaction:    ZAR249 589.80 
-----------------------------  --------------------------- 
 Nature of interest:            Direct, beneficial 
-----------------------------  --------------------------- 
 Clearance to deal:             Yes 
-----------------------------  --------------------------- 
 

Paphos, Cyprus

8 September 2017

JSE Sponsor

Investec Bank Limited

Investor Relations contact:

Tharisa plc

Sherilee Lakmidas

+27 11 996 3538

+27 79 276 2529

slakmidas@tharisa.com

Broker contacts:

Peel Hunt LLP (Joint Broker)

Matthew Armitt / Ross Allister

+44 207 7418 8900

BMO Capital Markets Limited (Joint Broker)

Jeffrey Couch/Neil Haycock/Thomas Rider

+44 020 7236 1010

Financial PR contacts:

Bobby Morse/Anna Michniewicz

+44(0) 20 7466 5000

tharisa@buchanan.uk.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBDGDCGDGBGRI

(END) Dow Jones Newswires

September 08, 2017 09:00 ET (13:00 GMT)

Tharisa (LSE:THS)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Tharisa Charts.
Tharisa (LSE:THS)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Tharisa Charts.