Tharisa PLC Issue of equity (2620C)
June 27 2016 - 2:30AM
UK Regulatory
TIDMTHS
RNS Number : 2620C
Tharisa PLC
27 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)
Issue of equity
Tharisa announces that 1 089 685 ordinary shares of US$0.001
each have been allotted to satisfy obligations under the employee
Share Award Plan.
Application has been made to the Johannesburg Stock Exchange
(JSE), UK Listing Authority and the London Stock Exchange (LSE) for
the admission of 1 089 685 new ordinary shares to the official list
and to trading on the main market of the JSE and the LSE. Admission
of the shares is expected to occur on 30 June 2016.
Following admission, Tharisa will have 256 981 571 ordinary
shares in issue with voting rights. Tharisa does not hold any
shares in treasury and therefore the total of 256 981 571 ordinary
shares may be used by shareholders as the denominator for the
calculations by which they will determine whether they are required
to notify their interest in, or a change to their interest in,
Tharisa under the FCA's Disclosure and Transparency Rules.
Paphos, Cyprus
27 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
IOEBUGDLGBDBGLS
(END) Dow Jones Newswires
June 27, 2016 02:30 ET (06:30 GMT)
Tharisa (LSE:THS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tharisa (LSE:THS)
Historical Stock Chart
From Apr 2023 to Apr 2024