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Tharisa announces board changes, appoints new non-executive director

EditorAmbhini Aishwarya
Published 09/28/2023, 02:39 AM
© Reuters.

Tharisa PLC (LSE:THS) announced today, Thursday, the resignation of Mr. Zhongliang Hong as a non-executive director and member of the Risk and Climate Change and Sustainability Committees effective from Saturday. In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the Tharisa Board of Directors confirmed the departure.

The Board also announced the appointment of Mr. Chen Hao as a non-executive director effective from Sunday, October 1, 2023. Mr. Chen, a Chinese national, represents Fujian Wuhang Stainless Steel Co Limited, which holds 8.8% of Tharisa's issued share capital with voting rights as at August 31, 2023.

Mr. Chen brings more than 18 years' experience as an Engineer, Foreign Trade Manager and General Manager to his new role at Tharisa. He has been serving as the General Manager at Fujian Liju Logistics Company in China since September 2014. Prior to this position, he was a Foreign Trade Manager at Guangxi Shenglong Metallurgy Co., Ltd., China and an Engineer at APEX Information Services in the USA. He also held two Research Assistant positions in the USA following his graduation from Fudan University in Shanghai, China.

Mr. Chen will be serving on the Risk and Climate Change and Sustainability Committees of Tharisa. The Board expressed its welcome to Mr. Chen and anticipates his contribution to the company's future development.

Tharisa PLC is listed on both the Johannesburg Stock Exchange (JSE: THA) and the Main Board of the London Stock Exchange (LSE: THS). Its principal operating asset is the Tharisa Mine, located in the south-western limb of the Bushveld Complex, South Africa.

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