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JOHANNESBURG - Tharisa plc (JSE:THA) (LSE:THS) disclosed that several company executives sold shares in multiple transactions between June 11-12, according to a regulatory filing released Tuesday.
Chief Finance Officer Michael Gifford Jones sold a total of 225,000 shares in two separate transactions. The first sale involved 6 shares at ZAR19.55 on June 11, while the second transaction on June 12 comprised 224,994 shares at a weighted average price of ZAR19.85, totaling approximately ZAR4.47 million.
Group Company Secretary Sanet Findlay sold 31,070 shares at ZAR19.98 per share on June 12, generating proceeds of about ZAR620,779.
Additionally, Marios Tavros, Executive Director of Arxo Resources Limited, a major subsidiary of Tharisa, sold 30,000 shares at ZAR19.99 per share on June 12, receiving approximately ZAR599,700.
All transactions were executed on the Johannesburg Stock Exchange and received proper clearance from the company.
Tharisa is an integrated resource group focused on platinum group metals (PGMs) and chrome concentrates with operations in South Africa and Zimbabwe. The company is also developing projects in renewable energy and battery technology.
The information was disclosed in compliance with the JSE Limited Listings Requirements regarding dealings in securities by directors and company officers.
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