RNS Number : 3340B
Thungela Resources Limited
19 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 BY PRESCRIBED OFFICERS FOR 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 by prescribed officers in terms of the vesting of conditional shares awarded in terms of the Company's 2021 Share Plan and Remuneration Policy.
Chief Operations Officer:
Johannes Petrus Daniel van Schalkwyk
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
42,921
Vesting price per share*:
R113.94
Transaction value:
R4,890,418.74
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
Executive Head of Technical:
Leslie Martin
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
37,276
Vesting price per share*:
R113.94
Transaction value:
R4,247,227.44
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
Executive Head of Human Resources:
Lesego Elias Mataboge
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
26,478
Vesting price per share*:
R113.94
Transaction value:
R3,016,903.32
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
Executive Head of Corporate Affairs:
Nompumelelo Sithole
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
26,478
Vesting price per share*:
R113.94
Transaction value:
R3,016,903.32
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
Executive Head of Safety, Health & Environment:
Carina Venter
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
26,478
Vesting price per share*:
R113.94
Transaction value:
R3,016,903.32
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
Executive Head of Marketing:
Bernard Michael Dalton
Date of award:
7 March 2022
Nature of transaction:
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
Class of securities:
Ordinary shares
Number of securities that vested:
31,740
Vesting price per share*:
R113.94
Transaction value:
R3,616,455.60
Date of transaction
17 March 2025
Nature of interest:
Direct beneficial
* Vesting price per share represents the volume weighted average price of a Thungela Resources share for the 20 days ended 14 March 2025. 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
17 February 2025
R123.00
R119.84
18 February 2025
R121.91
R118.00
19 February 2025
R119.50
R116.36
20 February 2025
R118.31
R116.08
21 February 2025
R117.00
R113.49
24 February 2025
R115.81
R113.22
25 February 2025
R117.61
R113.19
26 February 2025
R117.84
R110.27
27 February 2025
R113.36
R109.00
28 February 2025
R112.90
R107.47
3 March 2025
R113.44
R107.11
4 March 2025
R117.08
R111.50
5 March 2025
R118.64
R113.51
6 March 2025
R117.45
R113.14
7 March 2025
R113.40
R110.40
10 March 2025
R114.70
R110.91
11 March 2025
R116.53
R110.91
12 March 2025
R114.80
R111.83
13 March 2025
R112.89
R109.66
14 March 2025
R110.50
R107.28
Clearance to deal in terms of the JSE Listings Requirements was obtained.
Johannesburg
19 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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
42,921
d)
Aggregated information
- Aggregated volume
42,921
- Price
R4,890,418.74
e)
Date of the transaction
17 March 2025
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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
37,276
d)
Aggregated information
- Aggregated volume
37,276
- Price
R4,247,227.44
e)
Date of the transaction
17 March 2025
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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
26,478
d)
Aggregated information
- Aggregated volume
26,478
- Price
R3,016,903.32
e)
Date of the transaction
17 March 2025
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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
26,478
d)
Aggregated information
- Aggregated volume
26,478
- Price
R3,016,903.32
e)
Date of the transaction
17 March 2025
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 Safety, Health & 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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
26,478
d)
Aggregated information
- Aggregated volume
26,478
- Price
R3,016,903.32
e)
Date of the transaction
17 March 2025
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
Off market vesting of conditional shares awarded in terms of the Company's 2021 Share Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
R113.94
31,740
d)
Aggregated information
- Aggregated volume
31,740
- Price
R3,616,455.60
e)
Date of the transaction
17 March 2025
f)
Place of the transaction
Off market
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