Wrap Text
Dealings in securities by directors and company secretary of Tharisa and directors of major subsidiaries
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')
Dealings in securities by directors and company secretary of Tharisa and directors of major subsidiaries
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Tharisa hereby advises
shareholders of the vesting and settlement of Conditional Awards on 30 June 2021, in accordance with
the rules of the Tharisa Share Award Plan (TSAP). The vesting percentages, based on the conditions
attached to the awards, were finalised on 9 July 2021.
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 2018
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:
ZAR25.20* per share 88 046
d. Aggregated information: Total Volume:
ZAR2 218 759.20 88 046
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 79 864
d. Aggregated information: Total Volume:
ZAR2 012 572.80 79 864
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 64 492
d. Aggregated information: Total Volume:
ZAR1 625 198.40 64 492
e. Transaction date: 9 July 2021
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 Findlay
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:
ZAR25.20* per share 18 776
d. Aggregated information: Total Volume:
ZAR473 155.20 18 776
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 63 734
d. Aggregated information: Total Volume:
ZAR1 606 096.80 63 734
e. Transaction date: 9 July 2021
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: Alston Bratton Smith
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:
ZAR25.20* per share 9 090
d. Aggregated information: Total Volume:
ZAR229 068.00 9 090
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 25 532
d. Aggregated information: Total Volume:
ZAR643 406.40 25 532
e. Transaction date: 9 July 2021
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: Marios Tavros
2. Reason for notification
a. Position/status: Executive director – Arxo Resources Limited
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:
ZAR25.20* per share 10 296
d. Aggregated information: Total Volume:
ZAR259 459.20 10 296
e. Transaction date: 9 July 2021
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 2019
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:
ZAR25.20* per share 108 510
d. Aggregated information: Total Volume:
ZAR2 734 452.00 108 510
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 119 856
d. Aggregated information: Total Volume:
ZAR3 020 371.20 119 856
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 65 388
d. Aggregated information: Total Volume:
ZAR1 647 777.60 68 388
e. Transaction date: 9 July 2021
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 Findlay
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:
ZAR25.20* per share 17 104
d. Aggregated information: Total Volume:
ZAR431 020.80 17 104
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 58 058
d. Aggregated information: Total Volume:
ZAR1 463 061.60 58 058
e. Transaction date: 9 July 2021
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: Alston Bratton Smith
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:
ZAR25.20* per share 8 280
d. Aggregated information: Total Volume:
ZAR208 656.00 8 280
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 23 258
d. Aggregated information: Total Volume:
ZAR586 101.60 23 258
e. Transaction date: 9 July 2021
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: Marios Tavros
2. Reason for notification
a. Position/status: Executive director – Arxo Resources Limited
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:
ZAR25.20* per share 21 582
d. Aggregated information: Total Volume:
ZAR543 866.40 21 582
e. Transaction date: 9 July 2021
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 2020
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:
ZAR25.20* per share 192 808
d. Aggregated information: Total Volume:
ZAR4 858 761.80 192 808
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 211 888
d. Aggregated information: Total Volume:
ZAR5 339 577.60 211 888
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 115 268
d. Aggregated information: Total Volume:
ZAR2 904 753.60 115 268
e. Transaction date: 9 July 2021
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 Findlay
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:
ZAR25.20* per share 28 152
d. Aggregated information: Total Volume:
ZAR709 430.40 28 152
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 95 552
d. Aggregated information: Total Volume:
ZAR2 407 910.40 95 552
e. Transaction date: 9 July 2021
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: Alston Bratton Smith
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:
ZAR25.20* per share 13 628
d. Aggregated information: Total Volume:
ZAR343 425.60 13 628
e. Transaction date: 9 July 2021
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:
ZAR25.20* per share 38 278
d. Aggregated information: Total Volume:
ZAR964 605.60 38 278
e. Transaction date: 9 July 2021
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: Marios Tavros
2. Reason for notification
a. Position/status: Executive director – Arxo Resources Limited
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:
ZAR25.20* per share 44 500
d. Aggregated information: Total Volume:
ZAR1 121 400.00 44 500
e. Transaction date: 9 July 2021
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 ZAR25.20 on 30 June 2021
Vesting of Appreciation Rights granted on 30 June 2019
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 162 765
d. Aggregated information: Total Volume:
ZAR nil 162 765
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
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 179 784
d. Aggregated information: Total Volume:
ZAR nil 179 784
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
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 98 082
d. Aggregated information: Total Volume:
ZAR nil 98 082
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Sanet Findlay
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 25 656
d. Aggregated information: Total Volume:
ZAR nil 25 656
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
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 87 087
d. Aggregated information: Total Volume:
ZAR nil 87 087
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Alston Bratton Smith
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 12 420
d. Aggregated information: Total Volume:
ZAR nil 12 420
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
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 34 887
d. Aggregated information: Total Volume:
ZAR nil 34 887
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
Clearance to deal: Yes
1. Details of director/PDMR
a. Name: Marios Tavros
2. Reason for notification
a. Position/status: Executive director – Arxo Resources Limited
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 32 373
d. Aggregated information: Total Volume:
ZAR nil 32 373
e. Transaction date: 9 July 2021
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2019
Market value at date of award: ZAR20.08 per share
Nature of interest: Direct, beneficial
Vesting date, subject to performance 30 June 2020
conditions determined on 9 July 2021:
Vesting transaction date: 9 July 2021
Clearance to deal: Yes
Paphos, Cyprus
12 July 2021
JSE Sponsor
Investec Bank Limited
Connect with us on LinkedIn and Twitter to get further news and updates 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
Financial PR contacts:
Bobby Morse / Augustine Chipungu / James Husband
+44 207 466 5000
tharisa@buchanan.uk.com
Broker contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / David McKeown / Alexander Allen
+44 207 7418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Pascal Lussier Duquette / Nick Macann
+44 207 236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Wyllie / Varun Talwar / Detlir Elezi
+44 203 207 7800
Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)
Carlyle Whittaker
+27 11 294 0061
About Tharisa
Tharisa is an integrated resource group incorporating mining, processing, exploration and the
beneficiation, marketing, sales and logistics of PGMs and chrome concentrates. Its principal asset is the
Tharisa Mine located in the South-Western Limb of the Bushveld complex, South Africa. The mechanised
mine has a 14-year open pit life of mine (LOM) and the ability to extend operations underground by at
least an additional 40 years. Tharisa also owns the Salene Chrome project, a development stage, low cost,
open pit asset, located in the Great Dyke in Zimbabwe. Tharisa is listed on the Johannesburg Stock
Exchange (JSE: THA) and the Main Market of the London Stock Exchange (LSE: THS).
Date: 12-07-2021 11:00:00
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.
Sharenet Sites 
