Update on mailing of circular - Salene Chrome

RNS Number : 0380V

Tharisa PLC

18 July 2018

 

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 acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited - Update on the mailing of the circular

Shareholders are referred to the announcement published on 16 May 2018, wherein Tharisa advised that it had acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited at the par value thereof from Leto Settlement, a related party being the beneficial shareholder of Medway Developments Limited, a material shareholder in Tharisa.  

Shareholders are advised that Tharisa is in the process of preparing the circular regarding the acquisition including a notice of a general meeting at which shareholders will consider and vote on the acquisition.

Tharisa has applied for, and the JSE has granted, an extension of the 60 day rule pursuant to paragraph 9.20(b) of the JSE Listings Requirements to mail the circular to shareholders by 16 August 2018.

Paphos, Cyprus

18 July 2018

JSE Sponsor

Investec Bank Limited

Investor Relations contact:

Tharisa plc

Sherilee Lakmidas

[phone]

[phone]

[e-mail]

Broker contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / James Bavister / David McKeown

[phone]

BMO Capital Markets Limited (UK Joint Broker)

Jeffrey Couch / Neil Haycock / Thomas Rider

[phone]

Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)

Shabbir Norath / Reginald Demana

[phone]

Financial PR contacts:

Bobby Morse / Anna Michniewicz

[phone]

[e-mail]

 

END

 

 

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