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Dealings in securities by directors and PDMRs

3rd Jul 2018 16:00

RNS Number : 4780T
Tharisa PLC
03 July 2018
 

 

Tharisa plc(Incorporated in the Republic of Cyprus with limited liability)(Registration number HE223412)JSE share code: THA

LSE share code: THSISIN: 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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

105 590

d. Aggregated information:

Total

ZAR 1 900 620.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

87 991

d. Aggregated information:

Total

ZAR 1 583 838.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

79 193

d. Aggregated information:

Total

ZAR 1 425 474.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

21 984

d. Aggregated information:

Total

ZAR 395 712.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

70 394

d. Aggregated information:

Total

ZAR 1 267 092.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

9 386

d. Aggregated information:

Total

ZAR 168 948.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

25 616

d. Aggregated information:

Total

ZAR 461 088.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

134 102

d. Aggregated information:

Total

ZAR 2 413 836.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

111 752

d. Aggregated information:

Total

ZAR 2 011 536.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

100 577

d. Aggregated information:

Total

ZAR 1 810 386.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

27 919

d. Aggregated information:

Total

ZAR 502 542.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

94 766

d. Aggregated information:

Total

ZAR 1 705 788.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

46 511

d. Aggregated information:

Total

ZAR 837 198.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

37 963

d. Aggregated information:

Total

ZAR 683 334.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

107 196

d. Aggregated information:

Total

ZAR 1 929 528.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

94 294

d. Aggregated information:

Total

ZAR 1 697 292.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

79 404

d. Aggregated information:

Total

ZAR 1 429 272.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

21 940

d. Aggregated information:

Total

ZAR 394 920.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

74 472

d. Aggregated information:

Total

ZAR 1 340 496.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

36 552

d. Aggregated information:

Total

ZAR 657 936.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

 

Off-market vesting and settlement of Conditional Awards in shares

c. Price and volume:

Price:

ZAR 18:00* per share

Volume:

29 834

d. Aggregated information:

Total

ZAR 537 012.00

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

201 153

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

167 627

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

150 865

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

41 879

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

142 148

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

69 767

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

56 944

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

160 794

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

141 441

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

119 106

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

32 910

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

111 708

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

54 828

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market vesting of Appreciation Rights

c. Price and volume:

Price:

ZAR nil

Volume:

44 751

d. Aggregated information:

Total

ZAR nil

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

14 100

d. Aggregated information:

Total

ZAR 253 244.16

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

33 864

d. Aggregated information:

Total

ZAR 608 198.40

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

21 070

d. Aggregated information:

Total

ZAR 378 408.96

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

16 431

d. Aggregated information:

Total

ZAR 295 096.32

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

36 469

d. Aggregated information:

Total

ZAR 654 987.56

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

123 786

d. Aggregated information:

Total

ZAR 2 223 202.54

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

60 755

d. Aggregated information:

Total

ZAR 1 091 155.88

Volume:

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:

Identification code:

Ordinary shares of US$0.001

CY0103562118

b. Nature of transaction

Off-market exercise and settlement of vested Appreciation Rights

c. Price and volume:

Price:

ZAR 17.96#

Volume:

49 588

d. Aggregated information:

Total

ZAR 890 604.16

Volume:

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHBSGDRDDGBGIX

Related Shares:

Tharisa
FTSE 100 Latest
Value7,910.53
Change208.45