08:00 Fri 27 Mar 2020
Tharisa PLC - Update on lockdown due to COVID-19
(Incorporated in the
(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
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,
JSE Sponsor
Investec Bank Limited
Investor relations contacts:
+27 11 996 3500
+27 83 604 0820
Financial PR contacts:
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Broker contacts:
+44 207 7418 8900
+44 020 7236 1010
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+44 20 3207 7800
Nedbank Limited (acting through its Corporate and Investment Banking division) (RSA Broker)
+27 11 295 6575
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