Dealings in securities by directors

RNS Number : 3492K
Tharisa PLC
06 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')

Dealings in securities by directors and company secretary of Tharisa and directors of major subsidiary

 

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, Tharisa hereby advises shareholders of the vesting and settlement of Conditional Awards and the vesting of Appreciation Rights on 30 June 2017, in accordance with the rules of the Tharisa Share Award Plan (TSAP). The conditions attached to the vesting were met on 6 July 2017.

 

In terms of the rules of the TSAP, tax obligations arising on the vesting date are for the account of the participant and provision is made for the sale of sufficient shares in the open market to fund the tax obligations, if required.

 

Vesting and settlement of Conditional Awards granted on 9 April 2014

 

Name:

Loucas Pouroulis

Company:

Tharisa plc

Position:

Executive Chairman

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

53 684

Number of shares issued:

53 684

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 778 418.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Phoevos Pouroulis

Company:

Tharisa plc

Position:

Executive director - Chief Executive Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

44 736

Number of shares issued:

44 736

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 648 672.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michael Gifford Jones

Company:

Tharisa plc

Position:

Executive director - Chief Finance Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

40 263

Number of shares issued:

40 263

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 583 813.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Sanet de Witt

Company:

Tharisa plc

Position:

Group Company Secretary

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares and cash

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

10 544

Number of shares issued:

10 544

Issue/settlement price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 152 888.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michelle Louise Taylor

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

35 790

Number of shares issued:

35 790

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 518 955.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Hans van Wyk

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

5 317

Number of shares issued:

5 317

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 77 096.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Thabang Gabriel Maluke

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

12 553

Number of shares issued:

12 553

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 182 018.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Moira June Jaquet-Briner

Company:

Tharisa Minerals (Pty) Ltd

Position:

Non-executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

17 543

Number of shares issued:

17 543

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 254 373.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Sizakele Renee Ngwenya

Company:

Tharisa Minerals (Pty) Ltd

Position:

Non-executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

17 543

Number of shares issued:

17 543

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 254 373.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Gugu Yvonne Yolande

Company:

Tharisa Minerals (Pty) Ltd

Position:

Alternate non-executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

17 543

Number of shares issued:

17 543

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 254 373.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

Vesting and settlement of Conditional Awards granted on 30 June 2015

 

Name:

Loucas Pouroulis

Company:

Tharisa plc

Position:

Executive Chairman

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

105 590

Number of shares issued:

105 590

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 531 055.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Phoevos Pouroulis

Company:

Tharisa plc

Position:

Executive director - Chief Executive Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

87 992

Number of shares issued:

87 992

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 275 884.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michael Gifford Jones

Company:

Tharisa plc

Position:

Executive director - Chief Finance Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

79 192

Number of shares issued:

79 192

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 148 284.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Sanet de Witt

Company:

Tharisa plc

Position:

Group Company Secretary

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares and cash

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

21 983

Number of shares issued:

21 983

Issue/settlement price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 318 753.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michelle Louise Taylor

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

70 393

Number of shares issued:

70 393

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 020 698.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Hans van Wyk

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

9 385

Number of shares issued:

9 385

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 136 082.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Thabang Gabriel Maluke

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

25 616

Number of shares issued:

25 616

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 371 432.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Vesting and settlement of Conditional Awards granted on 30 June 2016

 

Name:

Loucas Pouroulis

Company:

Tharisa plc

Position:

Executive Chairman

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

134 102

Number of shares issued:

134 102

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 944 479.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Phoevos Pouroulis

Company:

Tharisa plc

Position:

Executive director - Chief Executive Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

111 752

Number of shares issued:

111 752

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 620 404.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michael Gifford Jones

Company:

Tharisa plc

Position:

Executive director - Chief Finance Officer

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

100 577

Number of shares issued:

100 577

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 458 366.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Sanet de Witt

Company:

Tharisa plc

Position:

Group Company Secretary

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares and cash

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

27 919

Number of shares issued:

27 919

Issue/settlement price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 404 825.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Michelle Louise Taylor

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

94 766

Number of shares issued:

94 766

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 1 374 107.00

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Hans van Wyk

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

46 511

Number of shares issued:

46 511

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 674 409.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

 

Name:

Thabang Gabriel Maluke

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Transaction date:

6 July 2017

Nature of transaction:

Off-market vesting and settlement of Conditional Awards in shares

Class of securities:

Ordinary shares

Number of Conditional Awards vested:

37 963

Number of shares issued:

37 963

Issue price: *

ZAR 14.50 per share

Total value of transaction:*

ZAR 550 463.50

Nature of interest:

Direct, beneficial

Clearance to deal:

Yes

 

* Using the closing market price of ZAR 14.50 on 30 June 2017.

 

 

Vesting of Appreciation Rights granted on 30 June 2015

 

In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above the award price, which may at the election of Tharisa be either cash or share settled. Appreciation Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the date of the award.

 

Name:

Loucas Pouroulis

Company:

Tharisa plc

Position:

Executive Chairman

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

79 192

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Phoevos Pouroulis

Company:

Tharisa plc

Position:

Executive director - Chief Executive Officer

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

65 993

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Michael Gifford Jones

Company:

Tharisa plc

Position:

Executive director - Chief Finance Officer

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

59 394

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Sanet de Witt

Company:

Tharisa plc

Position:

Group Company Secretary

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

21 983

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Michelle Louise Taylor

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

52 795

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Hans van Wyk

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

32 848

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Thabang Gabriel Maluke

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2015

Market value at date of award:

ZAR 6.44 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

25 616

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

 

 

Vesting of Appreciation Rights granted on 30 June 2016

 

In terms of the rules of the TSAP, participants are entitled to receive the increase in share value above the award price, which may at the election of Tharisa be either cash or share settled. Appreciation Rights vest in two equal annual tranches with the ability to exercise at any time up to five years from the date of the award.

 

Name:

Loucas Pouroulis

Company:

Tharisa plc

Position:

Executive Chairman

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

201 153

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Phoevos Pouroulis

Company:

Tharisa plc

Position:

Executive director - Chief Executive Officer

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

167 628

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Michael Gifford Jones

Company:

Tharisa plc

Position:

Executive director - Chief Finance Officer

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

150 865

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Sanet de Witt

Company:

Tharisa plc

Position:

Group Company Secretary

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

41 879

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Michelle Louise Taylor

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

142 149

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Hans van Wyk

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

69 767

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

Name:

Thabang Gabriel Maluke

Company:

Tharisa Minerals (Pty) Ltd

Position:

Executive director

Nature of transaction:

Off-market vesting of Appreciation Rights

Date of award:

30 June 2016

Market value at date of award:

ZAR 10.14 per share

Vesting date:

30 June 2017

Number of Appreciation Rights vested:

56 944

Nature of interest:

Direct, beneficial

Clearance to deal:

Not required

 

 

 

Paphos, Cyprus

6 July 2017

 

 

JSE Sponsor

Investec Bank Limited

 

Investor Relations contact:

Tharisa plc

Sherilee Lakmidas

+27 11 996 3538

+27 79 276 2529

slakmidas@tharisa.com

 

Broker contacts:

Peel Hunt LLP (Joint Broker)

Matthew Armitt / Ross Allister

+44 207 7418 8900

 

BMO Capital Markets Limited (Joint Broker)

Jeffrey Couch/Neil Haycock/Thomas Rider

+44 020 7236 1010

 

Financial PR contacts:

Bobby Morse/Anna Michniewicz

+44(0) 20 7466 5000

tharisa@buchanan.uk.com

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHBDGDRLXGBGRL

Companies

Tharisa (DI) (THS)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today