Tharisa PLC Fulfilment of conditions precedent (7047N)
August 11 2017 - 2:00AM
UK Regulatory
TIDMTHS
RNS Number : 7047N
Tharisa PLC
11 August 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')
Tharisa announces the fulfilment of further conditions precedent
to the acquisition of mining equipment and the transfer of
employees from MCC Contracts (Pty) Ltd
Further to the announcement on 6 July 2017, shareholders are
advised that the transaction was approved by shareholders of
eXtract Group Limited, the sole shareholder of MCC Contracts (Pty)
Ltd, at its general meeting on 10 August 2017.
In addition, the necessary approvals and agreements for the
transaction from the senior debt providers to Tharisa Minerals
(Pty) Ltd have been obtained.
The remaining conditions precedent are administrative in nature
and the effective date for the transaction will be 1 October
2017.
Paphos, Cyprus
11 August 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)
Ross Allister/ Chris Burrows
+44 207 7418 8900
BMO Capital Markets Limited (Joint Broker)
Jeffrey Couch/Neil Haycock/Thomas Rider
+44 020 7236 1010
Financial PR contacts:
Buchanan
+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
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