THARISA PLC - Acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited Update on the mailing of the circular

Release Date: 18/07/2018 14:00
Code(s): THA
 
Wrap Text
Acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited – Update on
the mailing of the circular

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 acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited – Update on
the mailing of the circular


Shareholders are referred to the announcement published on 16 May 2018, wherein Tharisa advised
that it had acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited at the par value
thereof from Leto Settlement, a related party being the beneficial shareholder of Medway
Developments Limited, a material shareholder in Tharisa.


Shareholders are advised that Tharisa is in the process of preparing the circular regarding the
acquisition including a notice of a general meeting at which shareholders will consider and vote on
the acquisition.


Tharisa has applied for, and the JSE has granted, an extension of the 60 day rule pursuant to
paragraph 9.20(b) of the JSE Listings Requirements to mail the circular to shareholders by 16 August
2018.




Paphos, Cyprus
18 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




                                                                                              2

Date: 18/07/2018 02:00:00 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.

Email this JSE Sens Item to a Friend.

Share This Story