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Tharisa plc Share Repurchase Activity Update

Strategic Insights

— 2 min read

Tharisa plc, a dual-listed company on the Johannesburg and London stock exchanges, has announced the latest details of its share repurchase activity as part of its ongoing Repurchase Programme. The company acquired a total of 5,438 ordinary shares on the Johannesburg Stock Exchange (JSE) between September 1 and September 5, 2025, at prices ranging from ZAR21.5700 to ZAR22.00, with a volume-weighted average price of ZAR21.7992. On the London Stock Exchange (LSE), the company procured 148,499 ordinary shares within the same period, acquired at prices between 92.00 pence and 92.40 pence, averaging 92.22 pence per share.

Key Takeaways:

  • Tharisa plc acquired a total of 5,438 ordinary shares on the JSE between September 1 and September 5, 2025, at an average price of ZAR21.7992.
  • The shares acquired will be held in treasury for a maximum of two years from the date of purchase, and unless reissued, they will be cancelled.
  • Tharisa holds 8,151,049 shares in treasury, leaving 294,445,694 shares available for voting purposes.
  • The board of directors is responsible for the provided information, which remains unaudited by the Group's external auditors.
  • Peel Hunt LLP manages trading decisions in the event of Tharisa's closed periods, adhering to pre-set parameters and the general authority granted to the company for share repurchases.
  • The Repurchase Programme has seen a total of 296,501 shares bought on the JSE since its inception, at an average price of ZAR20.9400, culminating in a total expenditure of ZAR6.21 million.
  • On the LSE, the total number of shares purchased on the Repurchase Programme stands at 2,503,659, bought at an average price of 88.45 pence, with a total outlay of GBP2.21 million.

Statistics:

  • 5,438 ordinary shares acquired on the JSE between September 1 and September 5, 2025.
  • Volume-weighted average price of ZAR21.7992 for shares acquired on the JSE.
  • 148,499 ordinary shares acquired on the LSE within the same period.
  • Average price of 92.22 pence per share for shares acquired on the LSE.
  • Total number of shares held in treasury: 8,151,049.
  • Available shares for voting purposes: 294,445,694.
  • Total expenditure on share repurchases on the JSE: ZAR6.21 million.
  • Total expenditure on share repurchases on the LSE: GBP2.21 million.

Sources:

  • Johannesburg Stock Exchange (JSE)
  • Tharisa plc announcement on the JSE
  • Peel Hunt LLP (independent manager of trading decisions)
  • FCA's Disclosure Guidance and Transparency Rules

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