Tharisa plc
(Incorporated in the Republic
of Cyprus with limited liability)
(Registration number
HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or the
'Company')
Transactions in own shares
and voting
rights
Tharisa, the mining, metals, and
innovation company dual-listed on the Johannesburg and London stock
exchanges, announces that, in accordance
with the terms of its share repurchase programme announced on 26
March 2024 (the 'Repurchase Programme'), it purchased the following
number of ordinary shares of USD0.001 each in the Company
('Ordinary Shares') through Peel Hunt LLP ('Peel Hunt'). The
Ordinary Shares purchased will be held in treasury for a period not
exceeding two calendar years from the repurchase date and, unless
reissued, will be cancelled.
Purchases during the period 1 July
2024 to 5 July 2024
JSE
purchases
|
|
Date of
purchase
|
1 July
2024 to 5 July 2024
|
Aggregate number of Ordinary Shares
purchased on JSE
|
11 695
|
Lowest price paid per
share
|
ZAR18.8500
|
Highest price paid per
share
|
ZAR20.7000
|
Volume weighted average price paid
per share
|
ZAR20.1334
|
|
|
The aggregate
number of shares purchased on the JSE
in terms of the Repurchase Programme
since 2 April 2024 is 83 784
at an average price of ZAR18.5194 per share and a
total cost (including dealing and associated costs) of
ZAR1 551 627.12.
|
|
|
London Stock Exchange ('LSE') purchases
|
|
Date of
purchase
|
1 July
2024 to 5 July 2024
|
Aggregate number of Ordinary Shares
purchased on LSE
|
329 041
|
Lowest price paid per
share
|
84.5000
pence
|
Highest price paid per
share
|
84.5000
pence
|
Volume weighted average price paid
per share
|
84.5000
pence
|
|
|
The aggregate
number of shares purchased on the LSE
in terms of the Repurchase Programme
since 4 April 2024 is 1 857 010
shares at an average price of 77.1114 pence per
share and a total cost (including dealing and associated
costs) of GBP1 431 967.31.
|
|
|
Following the purchases during this
period the Company has 302 596
743 Ordinary Shares
in issue, of which 4 496 228 Ordinary Shares are held in
treasury.
The total number of voting rights in
Tharisa is therefore 298 100 515. This figure may be used
by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
The information contained in this
update is the responsibility of the board of directors and has not
been reviewed or reported on by the Group's external
auditors.
Paphos, Cyprus
8 July 2024
JSE
Sponsor
Investec Bank Limited
Connect with us on
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about our business.
Investor
Relations Contacts:
Ilja Graulich (Head of Investor
Relations and Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com
Broker
Contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia
Langoulant
+44 207 418 8900
BMO Capital Markets Limited (UK Joint
Broker)
Thomas Rider / Nick
Macann
+44 207 236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Lee /
Detlir Elezi
+44 203 207 7800
About Tharisa
Tharisa is an integrated resource
group critical to the energy transition and decarbonisation of
economies. It incorporates exploration, mining, processing 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 mine
has a 13-year open pit life and is strategically advancing the vast
mechanised underground resource which extends for over 60 years.
Tharisa is developing the Karo Platinum Project, a low-cost,
open-pit PGM asset 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 to become net carbon neutral
by 2050. As part of this energy transition, the 40 MW solar project
adjacent to the Tharisa Mine is well advanced. Redox One is
accelerating the development of a proprietary iron chromium redox
flow long duration battery utilising the commodities we mine.
Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA)
and the Main Board of the London Stock Exchange (LSE:
THS).