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Tharisa Finalizes Vesting of 2021 Long-Term Incentive Plan
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Tharisa Finalizes Vesting of 2021 Long-Term Incentive Plan

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Tharisa ( (GB:THS) ) has issued an announcement.

Tharisa has announced the vesting and settlement of its 2021 Long-Term Incentive Plan (LTIP), which involved off-market transactions of conditional awards in shares for directors and senior management. These transactions, conducted on the Johannesburg Stock Exchange, signify a strategic financial move to settle tax liabilities in cash while the net balance is settled in equity, reflecting Tharisa’s ongoing commitment to its growth and stability in the resource sector.

More about Tharisa

Tharisa is an integrated resource group focusing on the energy transition and decarbonisation of economies. It operates in exploration, mining, processing, and the beneficiation of PGMs and chrome concentrates, leveraging innovation and technology. The company’s primary asset is the Tharisa Mine in South Africa, and it is developing the Karo Platinum Project in Zimbabwe.

YTD Price Performance: 13.56%

Average Trading Volume: 253,839

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £215.5M

See more data about THS stock on TipRanks’ Stock Analysis page.

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