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')


THARISA PLC TRANSACTION IN OWN SHARES

Tharisa, the mining, metals, and innovation company dual-listed on the Johannesburg and London
stock exchanges, announces that, in accordance with the terms of its share repurchase programme
announced on 26 March 2024 (the ‘Repurchase Programme’), it purchased the following number of
ordinary shares of USD0.001 each in the Company (‘Ordinary Shares’) through Peel Hunt LLP (‘Peel
Hunt’). The Ordinary Shares purchased will be held in treasury for a period not exceeding two calendar
years from the repurchase date and, unless reissued, will be cancelled.

Purchases during the period 4 April 2023 to 12 April 2023

 JSE purchases
 Date of purchase                                                         4 April 2024 to 12 April 2024
 Aggregate number of Ordinary Shares purchased on JSE                                             2 389
 Lowest price paid per share (ZAR per share):                                              ZAR14.8300
 Highest price paid per share (ZAR per share):                                             ZAR15.0000
 Volume weighted average price paid per share (ZAR per share):                             ZAR14.8327

 The aggregate number of shares purchased on the JSE in terms of the Repurchase Programme since
 2 April 2024 is 2 813 shares at an average price of ZAR14.6738 per share and a total cost (including
 dealing and associated costs) of ZAR41 277.40.

 London Stock Exchange (‘LSE’) purchases
 Date of purchase                                                         4 April 2024 to 12 April 2024
 Aggregate number of Ordinary Shares purchased on LSE                                          190 000
 Lowest price paid per share (pence per share):                                            61.00 pence
 Highest price paid per share (pence per share):                                           65.50 pence
 Volume weighted average price paid per share (pence per share):                           64.55 pence

 The aggregate number of shares purchased on the LSE in terms of the Repurchase Programme since
 4 April 2024 is 190 000 shares at an average price of 64.55 pence per share and a total cost (including
 dealing and associated costs) of GBP122 650.00.

Correction of announcement released on 4 April 2024
The announcement released on 4 April 2024 had overstated the number of shares purchased by the
Company by three (3) shares. The table below reflects the correct number of shares purchased and
the correct price information.
 Johannesburg Stock Exchange (‘JSE’) purchases
 Date of purchase                                                                        2 April 2024
 Number of Ordinary Shares purchased on JSE                                                       424
 Lowest price paid per share (ZAR per share):                                            ZAR13.7800
 Highest price paid per share (ZAR per share):                                           ZAR13.7800
 Volume weighted average price paid per share (ZAR per share):                           ZAR13.7800


Following the purchases during this period and taking into account the correction of the shares
repurchased on 2 April 2024, the Company has 302 596 743 Ordinary Shares in issue, of which
2 759 405 Ordinary Shares are held in treasury.

The total number of voting rights in Tharisa is therefore 299 837 338. This figure may be used by
shareholders as the denominator for the calculations by which they will determine if they are required
to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure
Guidance and Transparency Rules.

The information contained in this update is the responsibility of the board of directors and has not
been reviewed or reported on by the Group’s external auditors.

During any of Tharisa’s closed periods, Peel Hunt will make trading decisions in relation to the
Company's securities independently of the Company. Any share purchases during these periods will
be undertaken within certain pre-set parameters and in accordance with the Company's general
authority to repurchase shares.

Paphos, Cyprus
15 April 2024
JSE Sponsor
Investec Bank Limited

Connect with us on LinkedIn 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

Broker Contacts:

Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Nick Macann
+44 207 236 1010


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


About Tharisa
Tharisa is an integrated resource group critical to the energy transition and decarbonisation of
economies. It incorporates exploration, mining, processing and the beneficiation, marketing, sales,
and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. Its
principal operating asset is the Tharisa Mine, located in the south-western limb of the Bushveld
Complex, South Africa. The mine has a 13-year open pit life and is strategically advancing the vast
mechanised underground resource which extends for over 60 years. Tharisa is developing the Karo
Platinum Project, a low-cost, open-pit PGM asset located on the Great Dyke in Zimbabwe. The
Company is committed to reducing its carbon emissions by 30% by 2030 and the development of a
roadmap to become net carbon neutral by 2050. As part of this energy transition, the 40 MW solar
project adjacent to the Tharisa Mine is well advanced. Redox One is accelerating the development of
a proprietary iron chromium redox flow long duration battery utilising the commodities we mine.
Tharisa plc is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London
Stock Exchange (LSE: THS).