Tharisa (LSE:THS) confirmed that all resolutions proposed at its annual general meeting on 18 February 2026 were passed by shareholders. These included approval of the annual financial statements, the reappointment of auditors, board elections, authorities to issue and repurchase shares, as well as endorsement of the company’s remuneration policy and implementation report. Shareholders also approved a final dividend of US 1.5 cents per share, payable in USD, ZAR or GBP depending on the relevant share register.
The company outlined specific ex-dividend and record dates for both JSE and LSE investors and clarified the tax treatment applicable to shareholders in South Africa, the UK and Cyprus. These details are particularly relevant for income-focused investors assessing after-tax returns and cash flow timing. While voting support across most resolutions was strong, proposals concerning new share issuance authorities and the disapplication of pre-emptive rights drew a meaningful level of opposition, indicating some investor caution around potential equity dilution.
Tharisa further reported that it has 302,596,743 ordinary shares in issue, of which 296,259,295 carry voting and dividend rights. This disclosure provides additional transparency around the company’s capital base and the distribution pool for declared dividends.
More about Tharisa
Tharisa is an integrated resource group engaged in the exploration, mining, processing and marketing of platinum group metals (PGMs) and chrome concentrates. The company operates the low-cost Tharisa Mine in South Africa and is advancing the Karo Platinum Project in Zimbabwe. In addition to its mining activities, Tharisa is investing in downstream beneficiation initiatives and proprietary redox flow battery technology, aligning its strategy with global decarbonisation and energy transition trends.
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