Director Dealings

RNS Number : 0600A
Thungela Resources Limited
21 September 2022
 

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

('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 the dealing in securities by a director of Thungela Resources is disclosed:

 

Director

:

Gideon Frederick Smith

Company

:

Thungela Resources

Date of transaction

:

16 September 2022

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

On-market sale of ordinary shares

Number of securities

:

30,000

Volume weighted average sales price per share

:

379.83

Highest sales price


382.48

Lowest sales price


377.99

Total value of transaction

:

R 11 394 900.00

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

Director

:

Gideon Frederick Smith

Company

:

Thungela Resources

Date of transaction

:

19 September 2022

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

On-market sale of ordinary shares

Number of securities

:

3,485

Sales price per share

:

375.00

Total value of transaction

:

R 1 306 875,00

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

Director

:

Gideon Frederick Smith

Company

:

Thungela Resources

Date of transaction

:

20 September 2022

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

On-market sale of ordinary shares

Number of securities

:

26,515

Volume weighted average sales price per share

:

377.34

Highest sales price


380.76

Lowest sales price


375.50

Total value of transaction

:

R 10 005 170.10

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

 

21 September 2022

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

Gideon Frederick Smith

2

Reason for the notification

a)

Position/status

PDMR - 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)









379.83

30 000




375.00

3 485




377.34

26 515







d)

 

Aggregated information


- Aggregated volume

60 000

- Price

 R22 706 945.10

e)

Date of the transaction

16/ 19/ 20 September 2022

f)

Place of the transaction

On market

 

 

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