REG - Thungela Resources - Dealings in Securities
04/04/2024 14:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240404:nRSD3400Ja&default-theme=true
RNS Number : 3400J Thungela Resources Limited 04 April 2024
Thungela Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2021/303811/06)
JSE share code: TGA
LSE share code: TGA
ISIN: ZAE000296554
("Thungela Resources" or "the Company")
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS, PRESCRIBED OFFICERS AND COMPANY
SECRETARY
In accordance with paragraph 3.63 of the JSE Listings Requirements,
shareholders are advised that the following executive directors, prescribed
officers and the company secretary of Thungela Resources were awarded
forfeitable shares in terms of the rules of the Company's 2021 Share Plan and
Remuneration Policy:
Chief Executive Officer: July Ndlovu
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 25,684
(33,33% of shares will vest in equal tranches over 3 years provided that the
executive director remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R2,993,470
Nature of interest: Direct beneficial
Chief Financial Officer: Gideon Frederick Smith
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 13,822
(33,33% of shares will vest in equal tranches over 3 years provided that the
executive director remains in the employ of the Company)
Award price per share*: R116.55
Deemed value of transaction: R1,610,954
Nature of interest: Direct beneficial
Chief Operations Officer: Johannes Petrus Daniel van Schalkwyk
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 10,777
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R1,256,059
Nature of interest: Direct beneficial
Executive Head of Technical: Leslie Martin
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 9,360
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R1,090,908
Nature of interest: Direct beneficial
Executive Head of Human Resources: Lesego Elias Mataboge
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 6,129
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R714,335
Nature of interest: Direct beneficial
Executive Head of Corporate Affairs: Nompumelelo Sithole
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 6,129
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R714,335
Nature of interest: Direct beneficial
Executive Head of SHE: Carina Venter
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 6,129
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R714,335
Nature of interest: Direct beneficial
Executive Head of Marketing: Bernard Michael Dalton
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 7,970
(33,33% of shares will vest in equal tranches over 3 years provided that the
prescribed officer remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R928,904
Nature of interest: Direct beneficial
Company Secretary: Daniel Francois Klem
Grant Date: 18 March 2024
Date of transaction: 2 April 2024
Nature of transaction: Off market grant and acceptance of forfeitable shares
Class of securities: Ordinary shares
Number of securities: 4,756
(33,33% of shares will vest in equal tranches over 3 years provided that the
company secretary remains in the employ of the Company)
Award price per share*: R116.55
Transaction value: R554,312
Nature of interest: Direct beneficial
* Award price per share represents the volume weighted average price of a
Thungela Resources share for the 3 days ended 20 March 2024. The highest and
lowest prices traded for Thungela Resources shares over each day were as
follows:
Date Highest price per share Lowest price per share
18 March 2024 116,49 106,22
19 March 2024 121,00 113,95
20 March 2024 127,31 120,29
Clearance to deal in terms of the JSE Listings Requirements was obtained.
Johannesburg
4 April 2024
UK Financial adviser and corporate broker
Liberum Capital Limited
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Notification of Dealing Forms
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name July Ndlovu
2 Reason for the notification
a) Position/status PDMR - Chief Executive Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 25,684
d) Aggregated information
- Aggregated volume 25,684
- Price R2,993,470
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Gideon Frederick Smith
2 Reason for the notification
a) Position/status PDMR - Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 13,822
d) Aggregated information
- Aggregated volume 13,822
- Price R1,610,954
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Johannes Petrus Daniel van Schalkwyk
2 Reason for the notification
a) Position/status PDMR - Chief Operations Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 10,777
d) Aggregated information
- Aggregated volume 10,777
- Price R1,256,059
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Leslie Martin
2 Reason for the notification
a) Position/status PDMR - Executive Head of Technical
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 9,360
d) Aggregated information
- Aggregated volume 9,360
- Price R1,090,908
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Lesego Elias Mataboge
2 Reason for the notification
a) Position/status PDMR - Executive Head of HR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 6,129
d) Aggregated information
- Aggregated volume 6,129
- Price R714,335
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nompumelelo Sithole
2 Reason for the notification
a) Position/status PDMR - Executive Head of Corporate Affairs
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 6,129
d) Aggregated information
- Aggregated volume 6,129
- Price R714,335
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Carina Venter
2 Reason for the notification
a) Position/status PDMR - Executive Head of SHE
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 6,129
d) Aggregated information
- Aggregated volume 6,129
- Price R714,335
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Bernard Michael Dalton
2 Reason for the notification
a) Position/status PDMR - Executive Head of Marketing
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 7,970
d) Aggregated information
- Aggregated volume 7,970
- Price R928,904
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Daniel Francois Klem
2 Reason for the notification
a) Position/status Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Thungela Resources Limited
b) LEI 213800EGYK3BN3SRIF27
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of no par value
Identification code ISIN: ZAE000296554
b) Nature of the transaction Direct beneficial
c) Price(s) and volume(s)
Price(s) Volume(s)
R116.55 4,756
d) Aggregated information
- Aggregated volume 4,756
- Price R554,312
e) Date of the transaction 2 April 2024
f) Place of the transaction Off market
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUSOKRSUUSRRRRecent news on Thungela Resources
See all newsREG - Thungela Resources - Notice of AGM
AnnouncementREG - Thungela Resources - Dealings in Securities
AnnouncementREG - Thungela Resources - Publication of Annual Reports
AnnouncementREG - Thungela Resources - Annual Report
AnnouncementREG - Thungela Resources - Dealings in Securities
Announcement