An update from Tharisa ( (GB:THS) ) is now available.
Tharisa announced an update regarding the vesting and settlement of long-term incentive plans (LTIPs) initially granted in December 2021. The update involves a reduction in the number of shares settled due to a director’s decision to have the company settle his tax liability, resulting in 47,599 shares being settled instead of the initially announced 66,110 shares. This adjustment reflects the company’s ongoing management of its equity and incentive plans, which could impact shareholder value and director compensation strategies.
More about Tharisa
Tharisa is an integrated resource group focusing on the energy transition and decarbonisation, involved in exploration, mining, processing, and marketing of PGMs and chrome concentrates. Its main operations are at the Tharisa Mine in South Africa, with additional projects like the Karo Platinum Project in Zimbabwe. The company is committed to reducing its carbon footprint with renewable energy initiatives and is listed on the Johannesburg and London Stock Exchanges.
YTD Price Performance: -11.11%
Average Trading Volume: 174,529
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £178.9M
For a thorough assessment of THS stock, go to TipRanks’ Stock Analysis page.