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THARISA PLC - Trading statement results for the year ended 30 September 2020

Release Date: 24/11/2020 07:05
Code(s): THA     PDF:  
Wrap Text
Trading statement – results for the year ended 30 September 2020

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
('Tharisa' or the 'Company')

Trading statement – results for the year ended 30 September 2020

In terms of section 3.4(b) of the JSE Listings Requirements, companies are required to provide guidance
to the market when they are satisfied that a reasonable degree of certainty exists that the financial results
for the current reporting period will differ by at least 20% from the results of the previous corresponding
reporting period.

A production update for the financial year ended 30 September 2020 was released on the JSE Stock
Exchange News Service and LSE Regulatory News Service on 8 October 2020. The production report
highlighted operational improvements on all measured metrics and noted the higher PGM basket price
and stable chrome concentrate prices received by Tharisa for the year under review.

Tharisa is preparing its financial statements for FY2020, with the financial results expected to be released
on or about 30 November 2020.

Tharisa’s basic earnings per share ('EPS') and headline earnings per share ('HEPS') for the twelve months
ended 30 September 2020 are expected to be between US$ 16 cents and US$ 17 cents per share with a
tolerance of 10%. This is an increase of 300% to 325% relative to the EPS and HEPS of US$ 4 cents per
share for the financial year ended 30 September 2019.

The financial information on which this trading statement is based has not been reviewed and reported
on by the Company’s auditors.

Paphos, Cyprus
24 November 2020

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

Financial PR contacts:
Bobby Morse / Augustine Chipungu / James Husband
+44 207 466 5000

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 / Neil Elliot / Michael Rechsteiner
+44 207 236 1010

Berenberg (UK Joint Broker)
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
+44 203 207 7800

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


Date: 24-11-2020 07:05:00
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