Tharisa : Notification of major holdings (176 Kb)

Enriching lives through innovating the resources company of the future

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' or the 'Company')

Notification of major holdings

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of ex-	Tharisa plc
isting shares to which voting rights are attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer	X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights		X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name	Rance Holdings Limited
City and country of registered office (if applicable)	British Virgin Islands
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:	9 April 2021
6. Date on which issuer notified (DD/MM/YYYY):	12 April 2021

7. Total positions of person(s) subject to the notification obligation

		% of voting rights at-		% of voting rights
			through financial instru-	Total of both in % (8.A	Total number of vot-
		tached to shares (total
			ments		+ 8.B)	ing rights of issuervii
		of 8. A)
			(total of 8.B 1 + 8.B 2)
Resulting situation on
the date on which	14.864%			0.00%	14.864%		269 059 931
threshold was crossed
or reached
Position of previous	15.052%			0.00%	15.052%
notification (if
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of		Number of voting rightsix			% of voting rights
shares
	Direct			Indirect			Direct		Indirect
ISIN code (if possible)
	(Art 9 of Directive			(Art 10 of Directive		(Art 9 of Directive 2004/109/EC)		(Art 10 of Directive
		2004/109/EC) (DTR5.1)		2004/109/EC) (DTR5.2.1)			(DTR5.1)		2004/109/EC) (DTR5.2.1)
CY0103562118					39 994 143					14.864%
SUBTOTAL 8. A					39 994 143					14.864%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

		Exercise/	Number of voting rights that
Type of financial instru-	Expiration	may be acquired if the in-	% of voting rights
ment	datex	Conversion Periodxi	strument is
			exercised/converted.
		SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial	Expiration	Exercise/	Physical or cash	Number of vot-	% of voting rights
Conversion Period
instrument	date	x	settlement	xii	ing rights
	xi
				SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please X add additional rows as necessary)

	% of voting rights if it	% of voting rights through	Total of both if it equals or
	financial instruments if it
Namexv	equals or is higher than	is higher than the notifia-
equals or is higher than
	the notifiable threshold	ble threshold
	the notifiable threshold
Rance Holdings Limited	14.864%	0.00%	14.864%

10. In case of proxy voting, please identify:

Name of the proxy holder	N/A
The number and % of voting rights held	N/A
The date until which the voting rights will be held	N/A

11. Additional informationxvi

Place of completion	Hong Kong
Date of completion	12 April 2021

Paphos, Cyprus

13 April 2021

JSE Sponsor

Investec Bank Limited

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Investor relations contacts:

Ilja Graulich (Head of Investor Relations and Communications) [phone] [phone]

[e-mail]

Financial PR contacts:

Bobby Morse / Augustine Chipungu / James Husband [phone]

[e-mail]

Broker contacts:

Peel Hunt LLP (UK Joint Broker)

Ross Allister / David McKeown / Alexander Allen [phone]

BMO Capital Markets Limited (UK Joint Broker) Thomas Rider / Pascal Lussier Duquette / Nick Macann [phone]

Berenberg (UK Joint Broker)

Matthew Armitt / Jennifer Wyllie / Detlir Elezi [phone]

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

[phone]

About Tharisa

Tharisa is an integrated resource group incorporating mining, processing, exploration and the benefi- ciation, marketing, sales and logistics of PGMs and chrome concentrates. Its principal asset is the Tharisa Mine located in the South-Western Limb of the Bushveld complex, South Africa. The mecha- nised mine has a 14-year open pit life of mine (LOM) and the ability to extend operations underground by at least 40 years. Tharisa is listed on the Johannesburg Stock Exchange (JSE: THA) and the Main Market of the London Stock Exchange (LSE: THS).