Amendment to initial notification of vesting
Director Marios Tavros' LTIP vesting reduced from 66,110 to 47,599 shares due to tax settlement election.
- Shares vested and settled 47,599 (prior 66,110)
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JSE share code: THA
LSE share code: THS
A2X share code: THA
('Tharisa' or the 'Company')
Dealing in securities by director of a major subsidiary
Further to the announcement released on 11 December 2024 regarding the vesting and settlement of the 2021 Award on 6 December 2024, Tharisa advises that the below participant had subsequently elected for the Company to settle his tax liability, thereby reducing the number of shares being equity settled from 66 110 shares as announced on 11 December 2024, to 47 599 shares as detailed below.
Update to vesting and settlement of LTIPs granted on 8 December 2021
Details of director/PDMR
| a. Name: | Marios Tavros | |
| 2. Reason for notification | ||
| a. Position/status: | Executive director - Arxo Resources Limited | |
| b. Initial notification/amendment: | Amendment to 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 vesting and settlement of Conditional Awards in shares | |
| c. Price and volume: | Price: ZAR16.12* per share | Volume: 47 599 |
| d. Aggregated information: | Total ZAR767 295.88 | Volume: 47 599 |
| 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 | |
* Using the closing market price of ZAR16.12 on 6 December 2024
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Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.