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Dealings in securities by directors and company secretary of Tharisa and directors of major subsidiary
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
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Tharisa hereby advises
shareholders of the vesting and settlement of Conditional Awards and the vesting of Appreciation Rights
on 30 June 2018, in accordance with the rules of the Tharisa Share Award Plan (TSAP). The conditions
attached to the vesting were met on 2 July 2018.
In terms of the rules of the TSAP, tax obligations arising on the vesting date are for the account of the
participant and provision is made for the sale of sufficient shares in the open market to fund the tax
obligations, if required.
Vesting and settlement of Conditional Awards granted on 30 June 2015
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 105 590
d. Aggregated information: Total Volume:
ZAR 1 900 620.00 105 590
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director – Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 87 991
d. Aggregated information: Total Volume:
ZAR 1 583 838.00 87 991
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director – Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 79 193
d. Aggregated information: Total Volume:
ZAR 1 425 474.00 79 193
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 21 984
d. Aggregated information: Total Volume:
ZAR 395 712.00 21 984
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 70 394
d. Aggregated information: Total Volume:
ZAR 1 267 092.00 70 394
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 9 386
d. Aggregated information: Total Volume:
ZAR 168 948.00 9 386
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 25 616
d. Aggregated information: Total Volume:
ZAR 461 088.00 25 616
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
Vesting and settlement of Conditional Awards granted on 30 June 2016
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 134 102
d. Aggregated information: Total Volume:
ZAR 2 413 836.00 134 102
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director – Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 111 752
d. Aggregated information: Total Volume:
ZAR 2 011 536.00 111 752
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director – Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 100 577
d. Aggregated information: Total Volume:
ZAR 1 810 386.00 100 577
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 27 919
d. Aggregated information: Total Volume:
ZAR 502 542.00 27 919
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 94 766
d. Aggregated information: Total Volume:
ZAR 1 705 788.00 94 766
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 46 511
d. Aggregated information: Total Volume:
ZAR 837 198.00 46 511
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 37 963
d. Aggregated information: Total Volume:
ZAR 683 334.00 37 963
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
Vesting and settlement of Conditional Awards granted on 30 June 2017
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 107 196
d. Aggregated information: Total Volume:
ZAR 1 929 528.00 107 196
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director – Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 94 294
d. Aggregated information: Total Volume:
ZAR 1 697 292.00 94 294
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director – Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 79 404
d. Aggregated information: Total Volume:
ZAR 1 429 272.00 79 404
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 21 940
d. Aggregated information: Total Volume:
ZAR 394 920.00 21 940
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 74 472
d. Aggregated information: Total Volume:
ZAR 1 340 496.00 74 472
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 36 552
d. Aggregated information: Total Volume:
ZAR 657 936.00 36 552
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting and settlement of
Conditional Awards in shares
c. Price and volume: Price: Volume:
ZAR 18:00* per share 29 834
d. Aggregated information: Total Volume:
ZAR 537 012.00 29 834
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
* Using the closing market price of ZAR 18.00 on 29 June 2018
Vesting of Appreciation Rights granted on 30 June 2016
In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above
the award price, which may at the election of Tharisa be either cash or share settled. Appreciation
Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the
date of the award.
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 201 153
d. Aggregated information: Total Volume:
ZAR nil 201 153
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director – Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 167 627
d. Aggregated information: Total Volume:
ZAR nil 167 627
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director – Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 150 865
d. Aggregated information: Total Volume:
ZAR nil 150 865
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 41 879
d. Aggregated information: Total Volume:
ZAR nil 41 879
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 142 148
d. Aggregated information: Total Volume:
ZAR nil 142 148
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 69 767
d. Aggregated information: Total Volume:
ZAR nil 69 767
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 56 944
d. Aggregated information: Total Volume:
ZAR nil 56 944
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
Vesting of Appreciation Rights granted on 30 June 2017
In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above
the award price, which may at the election of Tharisa be either cash or share settled. Appreciation
Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the
date of the award.
1. Details of director/PDMR
a. Name: Loucas Pouroulis
2. Reason for notification
a. Position/status: Executive Chairman
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 160 794
d. Aggregated information: Total Volume:
ZAR nil 160 794
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Phoevos Pouroulis
2. Reason for notification
a. Position/status: Executive director – Chief Executive Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 141 441
d. Aggregated information: Total Volume:
ZAR nil 141 441
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michael Gifford Jones
2. Reason for notification
a. Position/status: Executive director – Chief Finance Officer
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 119 106
d. Aggregated information: Total Volume:
ZAR nil 119 106
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 32 910
d. Aggregated information: Total Volume:
ZAR nil 32 910
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 111 708
d. Aggregated information: Total Volume:
ZAR nil 111 708
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 54 828
d. Aggregated information: Total Volume:
ZAR nil 54 828
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market vesting of Appreciation Rights
c. Price and volume: Price: Volume:
ZAR nil 44 751
d. Aggregated information: Total Volume:
ZAR nil 44 751
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53 per share
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
Exercise of Appreciation Rights granted on 30 June 2015
In terms of the rules of the TSAP, participants are entitled to receive such number of Tharisa shares
equal to the increase in the market value (being the 30 day volume weighted average share price) of
such shares between the date of grant and the date of exercise of vested Appreciation Rights, which
may at the election of Tharisa be either cash or share settled. The following directors and/or officers
have elected to exercise vested Appreciation Rights, which Tharisa elected to settle from treasury shares
already in issue. Tax obligations arising as a consequence of Appreciation Rights being exercised are for
the account of the participant and provision is made for the sale of sufficient shares in the open market
to fund the tax obligations, if required.
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
#
ZAR 17.96 14 100
d. Aggregated information: Total Volume:
ZAR 253 244.16 14 100
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2015
Market value at date of award: ZAR 6.44 per share
Vesting date: 30 June 2017
Number of Appreciation Rights exercised: 21 983
Number of securities issued: 14 100
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
ZAR 17.96# 33 864
d. Aggregated information: Total Volume:
ZAR 608 198.40 33 864
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2015
Market value at date of award: ZAR 6.44 per share
Vesting date: 30 June 2017
Number of Appreciation Rights exercised: 52 795
Number of securities issued: 33 864
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
ZAR 17.96# 21 070
d. Aggregated information: Total Volume:
ZAR 378 408.96 21 070
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2015
Market value at date of award: ZAR 6.44 per share
Vesting date: 30 June 2017
Number of Appreciation Rights exercised: 32 848
Number of securities issued: 21 070
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
ZAR 17.96# 16 431
d. Aggregated information: Total Volume:
ZAR 295 096.32 16 431
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2015
Market value at date of award: ZAR 6.44 per share
Vesting date: 30 June 2017
Number of Appreciation Rights exercised: 25 616
Number of securities issued: 16 431
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
Exercise of Appreciation Rights granted on 30 June 2016
In terms of the rules of the TSAP, participants are entitled to receive such number of Tharisa shares
equal to the increase in the market value (being the 30 day volume weighted average share price) of
such shares between the date of grant and the date of exercise of vested Appreciation Rights, which
may at the election of Tharisa be either cash or share settled. The following directors and/or officers
have elected to exercise vested Appreciation Rights, which Tharisa elected to settle from treasury shares
already in issue. Tax obligations arising as a consequence of Appreciation Rights being exercised are for
the account of the participant and provision is made for the sale of sufficient shares in the open market
to fund the tax obligations, if required.
1. Details of director/PDMR
a. Name: Sanet de Witt
2. Reason for notification
a. Position/status: Group Company Secretary
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
#
ZAR 17.96 36 469
d. Aggregated information: Total Volume:
ZAR 654 987.56 36 469
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Vesting date: 30 June 2017 and 30 June 2018
Number of Appreciation Rights exercised: 83 758
Number of securities issued: 36 469
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Michelle Louise Taylor
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
ZAR 17.96# 123 786
d. Aggregated information: Total Volume:
ZAR 2 223 202.54 123 786
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Vesting date: 30 June 2017 and 30 June 2018
Number of Appreciation Rights exercised: 284 297
Number of securities issued: 123 786
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Hans Jurie van Wyk
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
ZAR 17.96# 60 755
d. Aggregated information: Total Volume:
ZAR 1 091 155.88 60 755
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Vesting date: 30 June 2017 and 30 June 2018
Number of Appreciation Rights exercised: 139 534
Number of securities issued: 60 755
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Thabang Gabriel Maluke
2. Reason for notification
a. Position/status: Executive director – Tharisa Minerals (Pty) Ltd
b. Initial notification/amendment: Initial notification
3. Details of issuer
a. Company name: Tharisa plc
b. LEI: 213800WW4YWMVVZIJM90
4. Details of transaction
a. Description of instrument: Ordinary shares of US$0.001
Identification code: CY0103562118
b. Nature of transaction Off-market exercise and settlement of vested
Appreciation Rights
c. Price and volume: Price: Volume:
#
ZAR 17.96 49 588
d. Aggregated information: Total Volume:
ZAR 890 604.16 49 588
e. Transaction date: 2 July 2018
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14 per share
Vesting date: 30 June 2017 and 30 June 2018
Number of Appreciation Rights exercised: 113 888
Number of securities issued: 49 588
Nature of interest: Direct, beneficial
Vesting date: 30 June 2018
Clearance to deal: Yes
# Market price on exercise date - Using the 30 day volume weighted average price at close of business
on 29 June 2018
Paphos, Cyprus
3 July 2018
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 (UK Joint Broker)
Ross Allister / James Bavister / David McKeown
+44 207 7418 8900
BMO Capital Markets Limited (UK Joint Broker)
Jeffrey Couch / Neil Haycock / Thomas Rider
+44 020 7236 1010
Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)
Shabbir Norath / Reginald Demana
+2711 295 6575
Financial PR contacts:
Bobby Morse / Anna Michniewicz
+44(0) 20 7466 5000
tharisa@buchanan.uk.com
Date: 03/07/2018 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
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