Issue of Equity

RNS Number : 6316K

Tharisa PLC

12 July 2017

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')

Issue of equity

Tharisa announces that application has been made to the Johannesburg Stock Exchange (JSE), UK Listing Authority (UKLA) and the London Stock Exchange (LSE) for the listing and admission of 4 018 429 new ordinary shares to the official list and to trading on the main market of the JSE and the LSE. Admission of the shares is expected to occur on 13 July 2017. All of these shares are being reserved under a new block listing and will be issued to satisfy the Company's obligations in terms of the Tharisa Share Award Plan (TSAP).

Following admission, Tharisa will have 261 000 000 ordinary shares in issue, of which 259 966 424 will have voting rights. Following this issue, Tharisa will hold 1 033 576 shares in treasury to make provision for the potential requirement to allot shares in the event of participants in the TSAP exercising vested Appreciation Rights.

Therefore, the total of 259 966 424 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Tharisa under the FCA's Disclosure and Transparency Rules.

Paphos, Cyprus

12 July 2017