Tharisa plc
(Incorporated in the Republic of Cyprus with limited liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
ISIN: CY0103562118
('Tharisa')
Tharisa announces the fulfilment of further conditions precedent to the acquisition of mining equipment and the transfer of employees from MCC Contracts (Pty) Ltd
Further to the announcement on 6 July 2017, shareholders are advised that the transaction was approved by shareholders of eXtract Group Limited, the sole shareholder of MCC Contracts (Pty) Ltd, at its general meeting on 10 August 2017.
In addition, the necessary approvals and agreements for the transaction from the senior debt providers to Tharisa Minerals (Pty) Ltd have been obtained.
The remaining conditions precedent are administrative in nature and the effective date for the transaction will be 1 October 2017.
Paphos, Cyprus
11 August 2017
JSE Sponsor
Investec Bank Limited
Investor Relations contact:
Tharisa plc
Sherilee Lakmidas
+27 11 996 3538
+27 79 276 2529
[email protected]
Broker contacts:
Peel Hunt LLP (Joint Broker)
Ross Allister/ Chris Burrows
+44 207 7418 8900
BMO Capital Markets Limited (Joint Broker)
Jeffrey Couch/Neil Haycock/Thomas Rider
+44 020 7236 1010
Financial PR contacts:
Buchanan
+44(0) 20 7466 5000
[email protected]
