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Marios Tavros, an executive director of Tharisa plc's major subsidiary Arxo Resources Limited, completed an on-market sale of Tharisa plc ordinary shares. This transaction, executed on 6 June 2025 on the Johannesburg Stock Exchange, involved 14,706 shares at a price of ZAR17.99 per share, totaling ZAR264,560.94.
| Date | 10 Jun 2025 |
| Time | 14:15:01 |
| Category | Director/PDMR dealings |
| ID | 2477M |
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 a director of a major subsidiary
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information relating to dealings in securities by a director of a major subsidiary, is disclosed:
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1. Details of director/PDMR |
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a. Name: |
Marios Tavros |
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2. Reason for notification |
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a. Position/status: |
Executive director - Arxo Resources Limited |
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b. Initial notification/amendment: |
Initial notification |
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3. Details of issuer |
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a. Company name: |
Tharisa plc |
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b. LEI: |
213800WW4YWMVVZIJM90 |
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4. Details of transaction |
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a. Description of instrument: Identification code: |
Ordinary shares of US$0.001 CY0103562118 |
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b. Nature of transaction |
On-market sale of shares |
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c. Price and volume: |
Price: ZAR17.99 |
Volume: 14 706 |
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d. Aggregated information: |
Total ZAR264 560.94 |
Volume: 14 706 |
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e. Final transaction date: |
6 June 2025 |
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f. Place of transaction: |
Johannesburg Stock Exchange |
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Information disclosed in accordance with the JSE Listings Requirements |
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Nature of interest: |
Direct, beneficial |
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Clearance to deal: |
Yes |
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Paphos, Cyprus
10 June 2025
JSE Sponsor
Investec Bank Limited
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Ilja Graulich (Head of Investor Relations and Communications)
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Matthew Armitt / Jennifer Lee / Detlir Elezi
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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 multi-generational Tharisa Mine, located in the south-western limb of the Bushveld Complex, South Africa. Tharisa is also developing the Karo Platinum Project, a tier-one PGM asset located on the Great Dyke in Zimbabwe, while simultaneously focusing on beneficiation in the form of chrome and PGM alloys. A 15-year Power Purchase Agreement for the procurement of wheeled renewable energy and a 40 MW solar project will ensure that Tharisa Minerals' drive to reduce its carbon footprint by 30% by 2030 is well within reach, forming a major part of a roadmap to become net carbon neutral by 2050. 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 has an Equity Shares (Transition) Category listing on the London Stock Exchange (LSE: THS).