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Tharisa Adjusts Share Structure Following LTIP Awards Vesting
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Tharisa Adjusts Share Structure Following LTIP Awards Vesting

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Tharisa ( (GB:THS) ) has provided an update.

Tharisa has announced the transfer of 2,118,734 ordinary shares from its treasury to satisfy the vesting of 2021 LTIP Awards. Following this transfer, the company has 297,323,125 shares with voting rights, which serves as a key figure for shareholders to determine their interest in compliance with FCA’s regulations. This adjustment in share structure is a strategic move that could impact shareholder engagement and company governance.

More about Tharisa

Tharisa is an integrated resource group focused on the energy transition and decarbonization of economies. It engages in exploration, mining, processing, and marketing of platinum group metals (PGMs) and chrome concentrates. The company operates the Tharisa Mine in South Africa and is developing the Karo Platinum Project in Zimbabwe. Tharisa is committed to reducing its carbon footprint by 30% by 2030 and achieving net carbon neutrality by 2050 through renewable energy projects and innovative technologies.

Average Trading Volume: 228,545

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £205M

See more insights into THS stock on TipRanks’ Stock Analysis page.

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