Dealings in securities by directors

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 obligations:	4 August 2017 to 4 September 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

[phone]

[phone]

[e-mail]

Broker contacts:

Peel Hunt LLP (Joint Broker)

Matthew Armitt / Ross Allister

[phone]

BMO Capital Markets Limited (Joint Broker)

Jeffrey Couch/Neil Haycock/Thomas Rider

[phone]

Financial PR contacts:

Bobby Morse/Anna Michniewicz

[phone]

[e-mail]

 

END

 

 

DSHBDGDCGDGBGRI