Tharisa debuts on Namibia Securities Exchange

Tharisa debuts on Namibia Securities Exchange

Tharisa PLC - Paphos, Cyprus-headquartered platinum miner in South Africa and Zimbabwe - Starts trading on the Namibia Securities Exchange on Monday following a secondary listing. Says the listing provides Namibian institutional investors with direct access to its platinum group metal and chrome exposure. "The listing on the Namibia Securities Exchange is a measured and cost-effective step in our ongoing programme to broaden and diversify Tharisa's investor base," Chief Executive Officer Loucas Pouroulis says. Tharisa keeps its primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange.

Current stock price in London: 103.45 pence, up 0.4% on Monday

12-month change: up 7.7%

Current stock price in Johannesburg: ZAR23.05, up 0.7%

12-month change: up 4.8%

By Artwell Dlamini, Alliance News senior reporter South Africa