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REG - Thungela Resources - Dealings in securities

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RNS Number : 5275N  Thungela Resources Limited  25 November 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

Tax number: 9111917259

("Thungela" or the "Company" and, together with its affiliates, the 'Group')

 

DEALINGS IN SECURITIES TO SETTLE TAX OBLIGATIONS DUE TO VESTING OF CONDITIONAL
SHARES FOR PRESCRIBED OFFICERS

 

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the
JSE Limited ("the JSE Listings Requirements"), shareholders are advised of the
following transactions on behalf of  prescribed officers, pursuant to the
vesting of conditional shares granted under the 2021 Company Share Plan and
Remuneration Policy.

 

 Chief Operations Officer:                 Johannes Petrus Daniel van Schalkwyk
 Nature of transaction:                    On market sale of vested conditional shares to settle tax obligations arising
                                           from the vesting
 Class of securities:                      Ordinary shares
 Number of vested shares sold:             45,586

 Date of transaction                       19 November 2024
 Number of vested of shares sold:          10,055
 Volume weighted average price per share:  R137.65
 Highest price per share:                  R140.36
 Lowest price per share:                   R135.46
 Transaction value:                        R1,384,070.75

 Date of transaction                       20 November 2024
 Number of vested of shares sold:          34,765
 Volume weighted average price per share:  R135.06
 Highest price per share:                  R138.30
 Lowest price per share:                   R133.30
 Transaction value:                        R4,695,360.90

 Date of transaction                       21 November 2024
 Number of vested of shares sold:          766
 Volume weighted average price per share:  R136.71
 Highest price per share:                  R138.36
 Lowest price per share:                   R134.50
 Transaction value:                        R104,719.86

 Nature of interest:                       Direct beneficial

 

 Executive Head of Technical:              Leslie Martin
 Nature of transaction:                    On market sale of vested conditional shares to settle tax obligations arising
                                           from the vesting
 Class of securities:                      Ordinary shares
 Number of vested shares sold:             42,642

 Date of transaction                       19 November 2024
 Number of vested of shares sold:          9,406
 Volume weighted average price per share:  R137.65
 Highest price per share:                  R140.36
 Lowest price per share:                   R135.46
 Transaction value:                        R1,294,735.90

 Date of transaction                       20 November 2024
 Number of vested of shares sold:          32,520
 Volume weighted average price per share:  R135.06
 Highest price per share:                  R138.30
 Lowest price per share:                   R133.30
 Transaction value:                        R4,392,151.20

 Date of transaction                       21 November 2024
 Number of vested of shares sold:          716
 Volume weighted average price per share:  R136.71
 Highest price per share:                  R138.36
 Lowest price per share:                   R134.50
 Transaction value:                        R97,884.36

 Nature of interest:                       Direct beneficial

 

 Executive Head of Marketing:              Bernard Michael Dalton
 Nature of transaction:                    On market sale of vested conditional shares to settle tax obligations arising
                                           from the vesting
 Class of securities:                      Ordinary shares
 Number of vested shares sold:             40,562

 Date of transaction                       19 November 2024
 Number of vested of shares sold:          8,947
 Volume weighted average price per share:  R137.65
 Highest price per share:                  R140.36
 Lowest price per share:                   R135.46
 Transaction value:                        R1,231,554.55

 Date of transaction                       20 November 2024
 Number of vested of shares sold:          30,933
 Volume weighted average price per share:  R135.06
 Highest price per share:                  R138.30
 Lowest price per share:                   R133.30
 Transaction value:                        R4,177,810.98

 Date of transaction                       21 November 2024
 Number of vested of shares sold:          682
 Volume weighted average price per share:  R136.71
 Highest price per share:                  R138.36
 Lowest price per share:                   R134.50
 Transaction value:                        R93,236.22

 Nature of interest:                       Direct beneficial

 

 Executive Head of Human Resources:        Lesego Elias Mataboge
 Nature of transaction:                    On market sale of vested conditional shares to settle tax obligations arising
                                           from the vesting
 Class of securities:                      Ordinary shares
 Number of vested shares sold:             31,997

 Date of transaction                       19 November 2024
 Number of vested of shares sold:          7,058
 Volume weighted average price per share:  R137.65
 Highest price per share:                  R140.36
 Lowest price per share:                   R135.46
 Transaction value:                        R971,533.70

 Date of transaction                       20 November 2024
 Number of vested of shares sold:          24,401
 Volume weighted average price per share:  R135.06
 Highest price per share:                  R138.30
 Lowest price per share:                   R133.30
 Transaction value:                        R3,295,599.06

 Date of transaction                       21 November 2024
 Number of vested of shares sold:          538
 Volume weighted average price per share:  R136.71
 Highest price per share:                  R138.36
 Lowest price per share:                   R134.50
 Transaction value:                        R73,549.98

 Nature of interest:                       Direct beneficial

 

 Executive Head of Corporate Affairs:      Nompumelelo Sithole
 Nature of transaction:                    On market sale of vested conditional shares to settle tax obligations arising
                                           from the vesting
 Class of securities:                      Ordinary shares
 Number of vested shares sold:             31,602

 Date of transaction                       19 November 2024
 Number of vested of shares sold:          6,971
 Volume weighted average price per share:  R137.65
 Highest price per share:                  R140.36
 Lowest price per share:                   R135.46
 Transaction value:                        R959,558.15

 Date of transaction                       20 November 2024
 Number of vested of shares sold:          24,100
 Volume weighted average price per share:  R135.06
 Highest price per share:                  R138.30
 Lowest price per share:                   R133.30
 Transaction value:                        R3,254,946.00

 Date of transaction                       21 November 2024
 Number of vested of shares sold:          531
 Volume weighted average price per share:  R136.71
 Highest price per share:                  R138.36
 Lowest price per share:                   R134.50
 Transaction value:                        R72,593.01

 Nature of interest:                       Direct beneficial

 

 Executive Head of Safety, Health and Environment:  Carina Venter
 Nature of transaction:                             On market sale of vested conditional shares to settle tax obligations arising
                                                    from the vesting
 Class of securities:                               Ordinary shares
 Number of vested shares sold:                      30,413

 Date of transaction                                19 November 2024
 Number of vested of shares sold:                   6,708
 Volume weighted average price per share:           R137.65
 Highest price per share:                           R140.36
 Lowest price per share:                            R135.46
 Transaction value:                                 R923 356.20

 Date of transaction                                20 November 2024
 Number of vested of shares sold:                   23,194
 Volume weighted average price per share:           R135.06
 Highest price per share:                           R138.30
 Lowest price per share:                            R133.30
 Transaction value:                                 R3,132,581.64

 Date of transaction                                21 November 2024
 Number of vested of shares sold:                   511
 Volume weighted average price per share:           R136.71
 Highest price per share:                           R138.36
 Lowest price per share:                            R134.50
 Transaction value:                                 R69 858.81

 Nature of interest:                                Direct beneficial

 

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

 

Rosebank

25 November 2024

 

UK Financial adviser and corporate broker

Panmure 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                                                         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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                   Share Award to settle tax obligations arising from the vesting.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         R137.65               10,055
                                                                                         R135.06               34,765
                                                                                         R136.71               766

 d)   Aggregated information

      - Aggregated volume                                          45,586
      - Price                                                      R6,184,151.51
 e)   Date of the transaction                                      19 - 21 November 2024
 f)   Place of the transaction                                     On 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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                   Share Award to settle tax obligations arising from the vesting.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         R137.65               9,406
                                                                                         R135.06               32,520
                                                                                         R136.71               716

 d)   Aggregated information

      - Aggregated volume                                          42,642
      - Price                                                      R5,784,771.46
 e)   Date of the transaction                                      19 - 21 November 2024
 f)   Place of the transaction                                     On 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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                   Share Award to settle tax obligations arising from the vesting.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         R137.65               8,947
                                                                                         R135.06               30,933
                                                                                         R136.71               682

 d)   Aggregated information

      - Aggregated volume                                          40,562
      - Price                                                      R5,502,601.75
 e)   Date of the transaction                                      19 - 21 November 2024
 f)   Place of the transaction                                     On 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 Human Resources
 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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                   Share Award to settle tax obligations arising from the vesting.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         R137.65               7,058
                                                                                         R135.06               24,401
                                                                                         R136.71               538

 d)   Aggregated information

      - Aggregated volume                                          31,997
      - Price                                                      R4,340,682.74
 e)   Date of the transaction                                      19 - 21 November 2024
 f)   Place of the transaction                                     On 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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                   Share Award to settle tax obligations arising from the vesting.
 c)   Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         R137.65               6,971
                                                                                         R135.06               24,100
                                                                                         R136.71               531

 d)   Aggregated information

      - Aggregated volume                                          31,602
      - Price                                                      R4,287,097.16
 e)   Date of the transaction                                      19 - 21 November 2024
 f)   Place of the transaction                                     On 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 Safety, Health and Environment
 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                                    On market sale of shares that have vested in respect of the 2021 Conditional
                                                                    Share Award to settle tax obligations arising from the vesting.
 c)    Price(s) and volume(s)

                                                                                          Price(s)              Volume(s)
                                                                                          R137.65               6,708
                                                                                          R135.06               23,194
                                                                                          R136.71               511

 d)    Aggregated information
       - Aggregated volume                                          30,413
       - Price                                                      R4,125,796.65
 e)    Date of the transaction                                      19 - 21 November 2024
 f)    Place of the transaction                                     On market

 

 

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