REG - Thungela Resources - Dealings in Securities

Thungela ResourcesAnnouncement

04/04/2024 12:00

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RNS Number : 3320J  Thungela Resources Limited  04 April 2024

Thungela Resources Limited

Incorporated in the Republic of South Africa

Registration number: 2021/303811/06

ISIN: ZAE000296554

JSE share code: TGA

LSE share code: TGA

("Thungela" or "the Company")

 

DEALINGS IN SECURITIES BY THE 2021 THUNGELA SHARE PLAN TO COVER TAX
OBLIGATIONS IN TERMS OF THE COMPANY'S SHARE PLAN RULES

In compliance with the Listings Requirements of the JSE Limited ("the Listings
Requirements"), we hereby provide the following information regarding the sale
of shares to settle tax obligations arising from the vesting of 33% of the
forfeitable share awards granted for 2022 and 2023 under the 2021 Thungela
Share Plan.

 

 Date of transaction:                                 28 March 2024
 Nature of transaction:                               On-market sale of securities
 Class of securities:                                 Ordinary shares
 Number of securities:                                77,727
 Volume weighted average selling price per security:  122.04
 Highest selling price per security:                  124.89
 Lowest selling price per security:                   120.47
 Transaction value:                                   R9,485,803.08
 Nature of interest:                                  Direct beneficial

 

 Date of transaction:                                 2 April 2024
 Nature of transaction:                               On-market sale of securities
 Class of securities:                                 Ordinary shares
 Number of securities:                                25,029
 Volume weighted average selling price per security:  125.95
 Highest selling price per security:                  128.38
 Lowest selling price per security:                   121.05
 Transaction value:                                   3,152,652.84
 Nature of interest:                                  Direct beneficial

 

Clearance to deal in terms of the JSE Listings Requirements was obtained.

 

Rosebank

4 April 2024

 

UK Financial adviser and corporate broker

Liberum Capital Limited

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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