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(THS.L) Tharisa plc Share Chat

Discussion in 'Tharisa plc Share Chat (THS.L)' started by jackjack, Nov 14, 2016.

  1. Groucho

    Groucho Member

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  2. Groucho

    Groucho Member

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    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
    LEI: 213800WW4YWMVVZIJM90
    ('Tharisa plc' or the 'Company')


    UPDATE TO ACQUISITION OF BEE SHAREHOLDERS' INTERESTS IN THARISA MINERALS PROPRIETARY LIMITED


    Further to the announcement released on 16 February 2022, Tharisa announces that the conditions precedent applicable to the Sale of Shares Agreement entered into between the Company and The Tharisa Community Trust ('the Trust') on 15 February 2022, in terms of which the Company agreed to purchase the Trust's 6% ordinary shareholding in Tharisa Minerals Proprietary Limited for a purchase consideration of ZAR90 million (USD5.9 million) with the purchase consideration being settled through the issue of 3 208 556 new ordinary shares in the Company, equating to approximately 1.1% of the pro forma voting share capital ('the Trust Transaction'), have been met.

    The Trust Transaction is effective and unconditional from 23 May 2022.

    Paphos, Cyprus
    24 May 2022
     
  3. Groucho

    Groucho Member

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