Tharisa director sells shares
Why we think this is neutral
This RNS announcement is about a director of a subsidiary of Tharisa plc selling a portion of their shareholding. While director dealings can provide some insight into sentiment, this type of news does not directly impact the company's operations or financial performance. Therefore, I have assessed the overall sentiment as neutral.
Key Points
- Tharisa director Marios Tavros sold 14,706 shares
- Shares sold at a price of ZAR17.99 per share
- Total proceeds from the sale amounted to ZAR264,560.94
Summary
Tharisa plc, an integrated resource group, has announced that Marios Tavros, an executive director of its major subsidiary Arxo Resources Limited, has sold 14,706 ordinary shares of the company on the Johannesburg Stock Exchange. The transaction was carried out at a price of ZAR17.99 per share, resulting in total proceeds of ZAR264,560.94. This disclosure is in compliance with the JSE Limited Listings Requirements.