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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