Dealings in Securities

Thungela Resources Limited
29 April 2024
 

Thungela Resources Limited

(Incorporated in the Republic of South Africa)

(Registration number: 2021/303811/06)

ISIN: ZAE000296554

JSE share code: TGA

LSE share code: TGA

("Thungela Resources" or "Company")

 

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 is disclosed:

 

Director

:

Gideon Frederick Smith

Company

:

Thungela Resources

Date of transaction

:

26 April 2024

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

Off-market collar hedge over 250 000 ordinary shares of the Company with a put strike price of R131,93, call strike price of R175,45 and expiry on 28 April 2026

Number of securities

:

250 000

Total value of transaction

:

R32 982 500

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

UK Financial adviser and corporate broker

Liberum Capital Limited

 

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

 

Rosebank

29 April 2024

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 

1  

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Gideon Frederick Smith

 Reason for notification  

a.

Position/Status

PDMR

b.

Initial notification/Amendment

Initial

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

 Identification Code

 

Ordinary shares of no par value

ISIN: ZAE000296554

SEDOL: BMV3M27

b.

Nature of the transaction

Off-market collar hedge over shares of the Company

c.

Price(s) and volume(s)

250 000 ordinary shares with a put strike price of R 131,93, call strike price of R 175,45 and expiry on 28 April 2026

d.

Aggregated information

 - Aggregated Volume

 - Price

 

 

Volume: 250 000

R 32 982 500

e.

Date of the transaction

26 April 2024

f.

Place of the transaction

XJSE

 




 

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END
 
 
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