Tharisa PLC Update on lockdown due to COVID-19 (8428H)
27 Marzo 2020 - 09:00AM
UK Regulatory
TIDMTHS
RNS Number : 8428H
Tharisa PLC
27 March 2020
Tharisa plc
(Incorporated in the Republic of Cyprus with limited
liability)
(Registration number HE223412)
JSE share code: THA
LSE share code: THS
A2X share code: THA
ISIN: CY0103562118
LEI: 213800WW4YWMVVZIJM90
('Tharisa' or the 'Company')
Update by Tharisa on South African government imposed lockdown
due to COVID-19
Tharisa makes reference to its announcement of 24 March 2020,
noting the decision by the President of South Africa, Cyril
Ramaphosa, of a three-week national shutdown, as part of wide
-ranging interventions to combat the spread of COVID-19. L ockdown
for 21 days began on Thursday, 26 March 2020, and will continue
until midnight on Thursday, 16 April 2020.
Tharisa remains fully supportive of the government's initiatives
in dealing with the COVID-19 pandemic and will implement all
measures as instructed by the government.
Given the imposed lockdown, Tharisa provides the following
market update:
1. Tharisa has received force majeure notifications from its
platinum group metals (PGM) concentrate offtakers
2. The Tharisa PGM smelter is on care and maintenance
3. Tharisa has declared force majeure on its contracted chrome concentrate sales agreements
Paphos, Cyprus
27 March 2020
JSE Sponsor
Investec Bank Limited
Investor relations contacts:
Ilja Graulich (Head of Investor Relations and
Communications)
+27 11 996 3500
+27 83 604 0820
igraulich@tharisa.com
Financial PR contacts:
Bobby Morse / James Husband
+44 020 7466 5000
tharisa@buchanan.uk.com
Broker contacts:
Peel Hunt LLP (UK Joint Broker)
Ross Allister / David McKeown
+44 207 7418 8900
BMO Capital Markets Limited (UK Joint Broker)
Thomas Rider / Neil Elliot / Michael Rechsteiner
+44 020 7236 1010
Berenberg (UK Joint Broker)
Matthew Armitt / Detlir Elezi
+44 20 3207 7800
Nedbank Limited (acting through its Corporate and Investment
Banking division) (RSA Broker)
Shabbir Norath
+27 11 295 6575
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END
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(END) Dow Jones Newswires
March 27, 2020 04:00 ET (08:00 GMT)
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