Dealing announcement

RNS Number : 1495P
Thungela Resources Limited
07 February 2023
 

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

('Company' or 'Thungela Resources')

 

DEALING IN SECURITIES BY A DIRECTOR

 

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information relating to dealing in securities by a director of Thungela Resources is disclosed:

 

Director

:

Seamus Gerard French

Company

:

Thungela Resources

Date of transaction

:

7 November 2022

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

On-market sale of ordinary shares

Number of securities

:

20 000

Sale price per share

:

26676,356 cents

Total value of transaction

:

R5,335,271.20

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

7 February 2023

Rosebank

 

UK Financial adviser and corporate broker

Liberum Capital Limited

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

In compliancewith article 19(3) of the Market Abuse Regulation (MAR), we herebyprovidethefollowinginformationregardingthedealing in securities:

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Seamus Gerard French

2

Reason for the notification

a)

Position/status

PDMR - Non-Executive Director

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 ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R266.76356

20 000







d)

 

Aggregated information


- Aggregated volume

20 000

- Price

R5,335,271.20

e)

Date of the transaction

7 November 2022

f)

Place of the transaction

On 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 or visit 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.
 
END
 
 
DSHEAPAXEDDDEEA
UK 100

Latest directors dealings