REG - Thungela Resources - Dealings in Securities
24/03/2025 07:00
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RNS Number : 6657B Thungela Resources Limited 24 March 2025
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 ON BEHALF OF PRESCRIBED OFFICERS TO SETTLE TAX
OBLIGATIONS FROM VESTING OF CONDITIONAL SHARES
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
Date of transaction 18 March 2025
Number of vested shares sold: 19,315
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R2,217,168.85
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
Date of transaction 18 March 2025
Number of vested shares sold: 16,775
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R1,925,602.25
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
Date of transaction 18 March 2025
Number of vested shares sold: 11,916
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R1,367,837.64
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
Date of transaction 18 March 2025
Number of vested shares sold: 11,916
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R1,367,837.64
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
Date of transaction 18 March 2025
Number of vested shares sold: 11,916
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R1,367,837.64
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
Date of transaction 18 March 2025
Number of vested shares sold: 14,283
Volume weighted average selling price per share: R114.79
Highest selling price per share: R116.50
Lowest selling price per share: R113.24
Transaction value: R1,639,545.57
Nature of interest: Direct beneficial
Clearance to deal in terms of the JSE Listings Requirements was obtained.
Rosebank
24 March 2025
UK Financial adviser and corporate broker
Panmure Liberum 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 vested conditional shares to settle tax obligations arising
from the vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 19,315
d) Aggregated information
- Aggregated volume 19,315
- Price R2,217,168.85
e) Date of the transaction 18 March 2025
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 vested conditional shares to settle tax obligations arising
from the vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 16,775
d) Aggregated information
- Aggregated volume 16,775
- Price R1,925,602.25
e) Date of the transaction 18 March 2025
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 vested conditional shares to settle tax obligations arising
from the vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 11,916
d) Aggregated information
- Aggregated volume 11,916
- Price R1,367,837.64
e) Date of the transaction 18 March 2025
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 vested conditional shares to settle tax obligations arising
from the vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 11,916
d) Aggregated information
- Aggregated volume 11,916
- Price R1,367,837.64
e) Date of the transaction 18 March 2025
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 vested conditional shares to settle tax obligations arising
from the vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 11,916
d) Aggregated information
- Aggregated volume 11,916
- Price R1,367,837.64
e) Date of the transaction 18 March 2025
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 vested conditional shares to settle tax obligations arising
from the vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
R114.79 14,283
d) Aggregated information
- Aggregated volume 14,283
- Price R1,639,545.57
e) Date of the transaction 18 March 2025
f) Place of the transaction On market
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