Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Tharisa PLC Director's Dealing 2019

Sep 9, 2019

10568_dirs_2019-09-09_4c9baef8-cdd8-4a35-a407-683f67b4b30a.html

Director's Dealing

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 6665L

Tharisa PLC

09 September 2019

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

(Tharisa)

Dealings in securities by directors, company secretary and persons discharging managerial responsibility (PDMRs) of Tharisa and major subsidiaries

Shareholders are hereby advised of the sale of shares in the open market by the administrator of the Tharisa Share Award Plan (TSAP), on behalf of the following participants of the TSAP, to cover the tax obligations resulting from the vesting and settlement of the Conditional Awards on 30 June 2019, as provided for in the rules of the TSAP.

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements and pursuant to the announcement released on 31 July 2019, the following information relating to dealings in securities attributable to the directors and company secretary of Tharisa and major subsidiaries, is disclosed:

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 30 June 2016

1.   Details of director/PDMR
a.      Name: Loucas Pouroulis
2.   Reason for notification
a.      Position/status: Executive Chairman
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

60 591
d.     Aggregated information: Total

ZAR 1 317 854.25
Volume:

60 591
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Phoevos Pouroulis
2.   Reason for notification
a.      Position/status: Chief Executive Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

50 492
d.     Aggregated information: Total

ZAR 1 098 201.00
Volume:

50 492
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michael Gifford Jones
2.   Reason for notification
a.      Position/status: Chief Finance Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

45 443
d.     Aggregated information: Total

ZAR 988 385.25
Volume:

45 443
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Sanet de Witt
2.   Reason for notification
a.      Position/status: Group Company Secretary
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

12 615
d.     Aggregated information: Total

ZAR 274 376.25
Volume:

12 615
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michelle Louise Taylor
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

41 174
d.     Aggregated information: Total

ZAR 895 534.50
Volume:

41 174
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Hans Jurie van Wyk
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

20 209
d.     Aggregated information: Total

ZAR 439 545.75
Volume:

20 209
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Thabang Gabriel Maluke
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

17 153
d.     Aggregated information: Total

ZAR 373 077.75
Volume:

17 153
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 30 June 2017

1.   Details of director/PDMR
a.      Name: Loucas Pouroulis
2.   Reason for notification
a.      Position/status: Executive Chairman
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

48 434
d.     Aggregated information: Total

ZAR 1 053 439.50
Volume:

48 434
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Phoevos Pouroulis
2.   Reason for notification
a.      Position/status: Chief Executive Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

42 605
d.     Aggregated information: Total

ZAR 926 658.75
Volume:

42 605
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michael Gifford Jones
2.   Reason for notification
a.      Position/status: Chief Finance Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

35 877
d.     Aggregated information: Total

ZAR 780 324.75
Volume:

35 877
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Sanet de Witt
2.   Reason for notification
a.      Position/status: Group Company Secretary
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

9 913
d.     Aggregated information: Total

ZAR 215 607.75
Volume:

9 913
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michelle Louise Taylor
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

32 357
d.     Aggregated information: Total

ZAR 703 764.75
Volume:

32 357
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Hans Jurie van Wyk
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

15 882
d.     Aggregated information: Total

ZAR 345 433.50
Volume:

15 882
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Thabang Gabriel Maluke
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

13 480
d.     Aggregated information: Total

ZAR 293 190.00
Volume:

13 480
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes

Sale of shares to cover tax obligations relating to the vesting and settlement of Conditional Awards granted on 30 June 2018

1.   Details of director/PDMR
a.      Name: Loucas Pouroulis
2.   Reason for notification
a.      Position/status: Executive Chairman
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

19 891
d.     Aggregated information: Total

ZAR 432 629.25
Volume:

19 891
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Phoevos Pouroulis
2.   Reason for notification
a.      Position/status: Chief Executive Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

18 043
d.     Aggregated information: Total

ZAR 392 435.25
Volume:

18 043
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michael Gifford Jones
2.   Reason for notification
a.      Position/status: Chief Finance Officer
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

14 570
d.     Aggregated information: Total

ZAR 316 897.50
Volume:

14 570
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Sanet de Witt
2.   Reason for notification
a.      Position/status: Group Company Secretary
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

4 242
d.     Aggregated information: Total

ZAR 92 263.50
Volume:

4 242
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.   Details of director/PDMR
a.      Name: Michelle Louise Taylor
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

13 846
d.     Aggregated information: Total

ZAR 301 150.50
Volume:

13 846
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.     Details of director/PDMR
a.      Name: Hans Jurie van Wyk
2.    Reason for notification
b.     Position/status: Executive director - Tharisa Minerals (Pty) Ltd
c.      Initial notification/amendment: Initial notification
3.    Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.    Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

12 096
d.     Aggregated information: Total

ZAR 263 088.00
Volume:

12 096
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.  Details of director/PDMR
a.    Name: Thabang Gabriel Maluke
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

5 768
d.     Aggregated information: Total

ZAR 125 454.00
Volume:

5 768
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes

Dealings in securities by directors, company secretary and persons discharging managerial responsibility (PDMRs) of Tharisa and major subsidiary

In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, the following information relating to dealings in securities attributable to the directors of a major subsidiary, is disclosed:

1.        Details of director/PDMR
a.      Name: Michelle Louise Taylor
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

93 728
d.     Aggregated information: Total

ZAR 2 038 584
Volume:

93 728
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.        Details of director/PDMR
a.      Name: Hans Jurie van Wyk
2.   Reason for notification
a.      Position/status: Executive director - Tharisa Minerals (Pty) Ltd
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction On-market sale of shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

62 717
d.     Aggregated information: Total

ZAR 1 364 094.75
Volume:

62 717
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Nature of interest: Direct, beneficial
Clearance to deal: Yes

Exercise of Appreciation Rights granted on 30 June 2016 and 30 June 2017

In terms of the rules of the TSAP, participants are entitled to receive such number of Tharisa shares equal to the increase in the market value (being the 30 day volume weighted average share price) of such shares between the date of grant and the date of exercise of vested Appreciation Rights, which may at the election of Tharisa be either cash or share settled. The following director of a major subsidiary has elected to exercise vested Appreciation Rights, which Tharisa elected to settle from treasury shares already in issue. Tax obligations arising as a consequence of Appreciation Rights being exercised 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.

1.        Details of director/PDMR
a.      Name: Marios Tavros
2.   Reason for notification
a.      Position/status: Executive director - Arxo Resources Limited
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction Off-market exercise and settlement of vested Appreciation Rights and on-market sale of resultant shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

41 572
d.     Aggregated information: Total

ZAR 904 191.00
Volume:

41 572
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2016
Market value at date of award: ZAR 10.14
Vesting date: 30 June 2017 and 30 June 2018
Number of Appreciation Rights exercised: 79 839
Exercise date: 2 September 2019
Market price on exercise date: * ZAR 21.1557
Number of shares issued: 41 572
Nature of interest: Direct, beneficial
Clearance to deal: Yes
1.        Details of director/PDMR
a.      Name: Marios Tavros
2.   Reason for notification
a.      Position/status: Executive director - Arxo Resources Limited
b.     Initial notification/amendment: Initial notification
3.   Details of issuer
a.      Company name: Tharisa plc
b.     LEI: 213800WW4YWMVVZIJM90
4.   Details of transaction
a.      Description of instrument:

Identification code:
Ordinary shares of US$0.001

CY0103562118
b.     Nature of transaction Off-market exercise and settlement of vested Appreciation Rights and on-market sale of resultant shares
c.      Price and volume: Price:

ZAR 21.75
Volume:

2 126
d.     Aggregated information: Total

ZAR 46 240.50
Volume:

2 126
e.     Transaction date: 4 September 2019
f.      Place of transaction: Johannesburg Stock Exchange
Information disclosed in accordance with the JSE Listings Requirements
Date of award: 30 June 2017
Market value at date of award: ZAR 17.53
Vesting date: 30 June 2018
Number of Appreciation Rights exercised: 12 408
Exercise date: 2 September 2019
Market price on exercise date: * ZAR 21.1557
Number of shares issued: 2 126
Nature of interest: Direct, beneficial
Clearance to deal: Yes

* Using the 30 day volume weighted average price at close of business on 1 September 2019.

Paphos, Cyprus

9 September 2019

JSE Sponsor

Investec Bank Limited

Investor relations contacts:

Daniel Thole/Ilja Graulich

+27 61 400 2939/+27 83 604 0820

Financial PR contacts:

Bobby Morse / Augustine Chipungu

+44(0) 20 7466 5000

[email protected] 

Broker contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / James Bavister / David McKeown

+44 207 7418 8900

BMO Capital Markets Limited (UK Joint Broker)

Jeffrey Couch / Thomas Rider

+44 020 7236 1010

Berenberg (UK Joint Broker)                                                   

Matthew Armitt / Detlir Elezi

+44 20 3207 7800

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

Shabbir Norath

+27 11 295 6575

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

END

DSHGCGDCRSGBGCC