Enhanced Investments - Financial Portal

Try our mobile app

Dealings in securities by an associate of directors of a major subsidiary

Buy Tharisa Stocks

Published: 2023-04-11 16:50:22 ET

<<< go to JSE:THA company page

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 an associate of directors of a major subsidiary

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information
relating to dealings in securities attributable to an associate of directors of a major subsidiary to settle the
tax liability arising from the BEE transaction announced on 16 February 2022 is disclosed:

1. Details of associate of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Details of directors and relationship of Moira June Jaquet-Briner, Sizakele Renee
associate to directors: Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (Pty) Ltd
b. Position/status: Non-executive directors – 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:
ZAR22.00 8 182

d. Aggregated information: Total 8 182
ZAR180 004.00
e. Transaction date: 14 February 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No
1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (Pty) Ltd
b. Initial notification/amendment: Non-executive directors – Tharisa Minerals
(Pty) Ltd
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:
ZAR22.00 6 420

d. Aggregated information: Total 6 420
ZAR141 240.00
e. Transaction date: 3 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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: 338 704
Lowest traded price per share: ZAR22.00 ZAR22.05
Weighted average price per share: ZAR22.05
Highest traded price per share ZAR22.15
d. Aggregated information: Total 338 704
ZAR7 468 423.20
e. Transaction date: 6 March 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.07 411 518
Weighted average price per share: ZAR22.07
Highest traded price per share ZAR22.35
d. Aggregated information: Total 411 518
ZAR9 082 202.26
e. Transaction date: 7 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.01 1 304
Weighted average price per share: ZAR22.01
Highest traded price per share ZAR22.10
d. Aggregated information: Total 1 304
ZAR28 701.04
e. Transaction date: 8 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
ZAR22.00 2 200

d. Aggregated information: Total 2 200
ZAR48 400.00
e. Transaction date: 9 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.07 411 518
Weighted average price per share: ZAR22.07
Highest traded price per share ZAR22.35
d. Aggregated information: Total 411 518
ZAR9 082 202.26
e. Transaction date: 7 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.00 202 051
Weighted average price per share: ZAR22.00
Highest traded price per share ZAR22.01
d. Aggregated information: Total 202 051
ZAR4 445 122.00
e. Transaction date: 16 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
ZAR22.00 83 193

d. Aggregated information: Total 83 193
ZAR1 830 246.00
e. Transaction date: 17 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.00 36 146
Weighted average price per share: ZAR22.00
Highest traded price per share ZAR22.12
d. Aggregated information: Total 36 146
ZAR795 212.00
e. Transaction date: 27 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
ZAR22.00 53 726

d. Aggregated information: Total 53 726
ZAR1 181 972.00
e. Transaction date: 28 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.04 104 859
Weighted average price per share: ZAR22.04
Highest traded price per share ZAR22.11
d. Aggregated information: Total 104 859
ZAR2 311 092.36
e. Transaction date: 29 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No
1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.03 85 000
Weighted average price per share: ZAR22.03
Highest traded price per share ZAR22.10
d. Aggregated information: Total 85 000
ZAR1 872 550.00
e. Transaction date: 30 March 2023
f. Place of transaction: Johannesburg Stock Exchange

Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

1. Details of director/PDMR
a. Name: Thari Resources (Pty) Ltd
2. Reason for notification
a. Position/status: Moira June Jaquet-Briner, Sizakele Renee
Ngwenya and Gugu Yvonne Yolande
Ditodi, who are directors and shareholders
of Thari Resources (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:
Lowest traded price per share: ZAR22.00 ZAR22.01 5 911
Weighted average price per share: ZAR22.01
Highest traded price per share ZAR22.01
d. Aggregated information: Total 5 911
ZAR130 101.11
e. Transaction date: 31 March 2023
f. Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Indirect, beneficial
Clearance to deal: No

Paphos, Cyprus
11 April 2023

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 / Oonagh Reidy
+44 207 466 5000
tharisa@buchanan.uk.com

Broker Contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / Georgia Langoulant
+44 207 7418 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

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 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
mechanised mine has an 18 year pit life and can extend operations underground by at least 40 years.
Tharisa also owns Karo Mining Holdings a development stage, 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 is continuing to be net carbon neutral by 2050. Tharisa plc is listed on the
Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS).

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

© Enhanced Investments Inc. All rights reserved, 2023