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Tharisa Sees Significant Minority Oppose Two Resolutions At AGM

Thu, 11th Feb 2021 09:07

(Alliance News) - Tharisa PLC on Thursday said it saw some shareholder disapproval at its annual general meeting on Wednesday with a third of shareholders voting against two resolutions.

The resolutions that were opposed included the placement of authorised but unissued shares under the directors' control as well as the dis-application of pre-emptive rights. Both suffered opposition of 31%.

The South African platinum and chrome miner shares were up 1.7% at 128.62 pence in London early Thursday. The stock was up 0.8% at ZAR25.60 each in Johannesburg.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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