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THARISA PLC - Dealings in securities by directors, company secretary and persons discharging managerial responsibility (PDMRs)

Release Date: 10/12/2018 15:30
Code(s): THA     PDF:  
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Dealings in securities by directors, company secretary and persons discharging managerial responsibility (PDMRs)

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, company secretary and persons discharging managerial
responsibility (PDMRs) of Tharisa and major subsidiary


Shareholders are hereby advised of the sale of shares in the open market by the administrator of the
Tharisa Share Award Plan (TSAP), on behalf of the following participants of the TSAP, to cover the tax
obligations resulting from the vesting and settlement of the Conditional Awards on 30 June 2018, as
provided for in the rules of the TSAP.

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements and pursuant to the
announcement released on 3 July 2018, 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 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                        On-market sale of shares
     c. Price and volume:                            Price:                   Volume:
                                                     ZAR 19.50                44 300
     d.   Aggregated information:                    Total                    Volume:
                                                     ZAR 863 850.00           44 300
     e.   Transaction date:                          7 December 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:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                8 641
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 168 499.50           8 641
    e.   Transaction date:                       7 December 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 Jones
 2. Reason for notification
    a. Position/status:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                33 225
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 647 887.50           33 225
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                9 224
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 179 868.00           9 224
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                29 533
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 575 893.50           29 533
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                3 938
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 76 791.00            3 938
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                10 747
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 209 566.50           10 747
    e.   Transaction date:                       7 December 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
Sale of shares to cover tax obligations relating to the 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                56 261
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 1 097 089.50         56 261
    e.   Transaction date:                       7 December 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:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                7 291
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 142 174.50           7 291
    e.   Transaction date:                       7 December 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 Jones
 2. Reason for notification
    a. Position/status:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                42 196
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 822 822.00           42 196
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                11 714
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 228 423.00           11 714
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                39 758
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 775 281.00           39 758
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                19 514
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 380 523.00           19 514
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                15 927
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 310 576.50           15 927
    e.   Transaction date:                       7 December 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


Sale of shares to cover tax obligations relating to the 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                44 973
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 876 973.50           44 973
    e.   Transaction date:                       7 December 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:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                6 804
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 132 678.00           6 804
    e.   Transaction date:                       7 December 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 Jones
 2. Reason for notification
    a. Position/status:                          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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                33 314
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 649 623.00           33 314
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                9 205
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 179 497.50           9 205
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                31 244
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 609 258.00           31 244
    e.   Transaction date:                       7 December 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
    b. Position/status:                          Executive director – Tharisa Minerals (Pty) Ltd
    c. 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                15 335
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 299 032.50           15 335
    e.   Transaction date:                       7 December 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                     On-market sale of shares
    c. Price and volume:                         Price:                   Volume:
                                                 ZAR 19.50                12 517
    d.   Aggregated information:                 Total                    Volume:
                                                 ZAR 244 081.50           12 517
    e.   Transaction date:                       7 December 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
Paphos, Cyprus
10 December 2018

JSE Sponsor
Investec Bank Limited

Financial PR contacts:
Bobby Morse / Augustine Chipungu
+44(0) 20 7466 5000
tharisa@buchanan.uk.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 / Thomas Rider
+44 020 7236 1010

Berenberg (UK Joint Broker)
Matthew Armitt / Sara MacGrath
+44 20 3207 7800

Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)
Shabbir Norath / Reginald Demana
+27 11 295 6575

Investor relations contacts:
Daniel Thole/Ilja Graulich
+27 61 400 2939/+27 83 604 0820

Date: 10/12/2018 03:30:00 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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