Tharisa plc has acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited ('Salene') at the par value thereof from the Leto Settlement Trust ('Leto'). The effective date of the acquisition is 15 May 2018. With this geographical diversification into Zimbabwe, Tharisa has appointed Josephat Zimba to Country Manager, Zimbabwe. Dr. Zimba is a key member of the New Business Development team and has been at the forefront of this Zimbabwean diversification initiative. He joined the Tharisa Group as the Group Chief Scientist in June 2009 as a key member of the Group's strategic R&D team. Hans van Wyk, the Operations Director at Tharisa Minerals Proprietary Limited, has been appointed Chief Technical Officer for the Tharisa Group to further strengthen the technical executive management as Tharisa implements its diversification strategy. He is welcomed as a member of the Executive Management. Mr. van Wyk commenced at Tharisa Minerals as a consulting metallurgist in September 2011. He was promoted to Operations Director in 2016. Mr. van Wyk will continue to have responsibility for the overall management of all processing, smelting and beneficiation operations at the Tharisa Mine. Mr. van Wyk has over 17 years' experience in the recovery of chrome and PGMs, having worked on a number of chrome and PGM concentrator operations throughout his career.