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Tharisa ( (GB:THS) ) has issued an update.
Tharisa has notified shareholders that conditional share awards granted in January 2022 under its long-term incentive plan have vested and been settled for the company’s directors, company secretary and key executives of its main operating subsidiary. In line with the plan’s rules and stock exchange requirements, tax obligations on the awards are being settled in cash while the net awards are settled in Tharisa ordinary shares, resulting in off-market transactions on 16 January 2026 on the Johannesburg Stock Exchange that increase the direct beneficial shareholdings of senior management and align their interests more closely with those of shareholders.
The most recent analyst rating on (GB:THS) stock is a Buy with a £1.50 price target. To see the full list of analyst forecasts on Tharisa stock, see the GB:THS Stock Forecast page.
More about Tharisa
Tharisa plc is a Cyprus-incorporated company listed in Johannesburg, London and on A2X, whose securities consist of ordinary shares. The group operates through Tharisa plc and its major subsidiaries, including Tharisa Minerals (Pty) Ltd, with its leadership comprising an executive chairman, chief executive officer, chief financial officer and senior executives overseeing group and mining operations.
Average Trading Volume: 443,163
Technical Sentiment Signal: Buy
Current Market Cap: £366.6M
For detailed information about THS stock, go to TipRanks’ Stock Analysis page.