Director/PDMR Shareholding

RNS Number : 6412G
Thungela Resources Limited
30 March 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

("Thungela Resources" or "the Company")

 

DEALINGS IN SECURITIES BY DIRECTORS, PRESCRIBED OFFICERS AND COMPANY SECRETARY

 

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the information regarding the awards to and acceptance of awards by the following executive directors, prescribed officers and the company secretary of the Company of forfeitable shares in terms of the rules of the Company's 2021 Share Plan and Remuneration Policy:

Chief Executive Officer:

J Ndlovu

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

15,919

(33,33% of shares will vest in equal tranches over 3 years provided that the executive director remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R2,542,465

Nature of interest:

Direct Beneficial

 

Chief Financial Officer:

GF Smith

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

7,941

(33,33% of shares will vest in equal tranches over 3 years provided that the executive director remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R1,268,262

Nature of interest:

Direct Beneficial

 

Chief Operations Officer:

JPD van Schalkwyk

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

6,247

(33,33% of shares will vest in equal tranches over 3 years provided that the executive director remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R997,612

Nature of interest:

Direct Beneficial

 

Executive Head of Technical:

L Martin

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

5,580

(33,33% of shares will vest in equal tranches over 3 years provided that the prescribed officer remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R891,117

Nature of interest:

Direct Beneficial

 

Executive Head of Human Resources:

LE Mataboge

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

4,050

(33,33% of shares will vest in equal tranches over 3 years provided that the prescribed officer remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R646,770

Nature of interest:

Direct Beneficial

 

Executive Head of Corporate Affairs:

N Sithole

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

4,030

(33,33% of shares will vest in equal tranches over 3 years provided that the prescribed officer remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R643,570

Nature of interest:

Direct Beneficial

 

Executive Head of SHE:

C Venter

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

3,970

(33,33% of shares will vest in equal tranches over 3 years provided that the prescribed officer remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R633,951

Nature of interest:

Direct Beneficial

 

Executive Head of Marketing:

BM Dalton

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

3,742

(33,33% of shares will vest in equal tranches over 3 years provided that the prescribed officer remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R597,596

Nature of interest:

Direct Beneficial

 

Company Secretary:

DF Klem

Grant Date:

22 March 2022

Date of transaction:

28 March 2022

Nature of transaction:

Off market grant and acceptance of forfeitable shares

Class of securities:

Ordinary shares

Number of securities:

2,963

(33,33% of shares will vest in equal tranches over 3 years provided that the company secretary remains in the employ of the Company)

Award price per share*:

R159,72/share

Deemed value of transaction:

R473,238

Nature of interest:

Direct Beneficial

 

 

* Award price per share is based on a 3-day VWAP ended 25 March 2022 of a Thungela Resources share. 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

23 March 2022

164,00

157,10

24 March 2022

176,42

163,10

25 March 2022

175,00

158,30

 

Clearance to deal in terms of the JSE Listings Requirements was obtained in respect of the above transactions.

 

Johannesburg

30 March 2022

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

The notifications set out below regarding the awards to and acceptance of awards by Persons Discharging Managerial Responsibilities (PDMRs) of forfeitable shares in terms of the rules of the Company's 2021 Share Plan and Remuneration Policy are made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018:

 

 

Notification of Dealing Forms

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

July Ndlovu

2

Reason for the notification

a)

Position/status

PDMR - Chief Executive 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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

15,919







d)

 

Aggregated information


- Aggregated volume

15,919

- Price

R2,542,465

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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 - Chief Financial 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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

7,941







d)

 

Aggregated information


- Aggregated volume

7,941

- Price

R1,268,262

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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 - 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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

6,247







d)

 

Aggregated information


- Aggregated volume

6,247

- Price

R997,612

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Leslie Martin

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

5,580







d)

 

Aggregated information


- Aggregated volume

5,580

- Price

R891,117

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

4,050







d)

 

Aggregated information


- Aggregated volume

4,050

- Price

R646,770

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

4,030







d)

 

Aggregated information


- Aggregated volume

4,030

- Price

R643,570

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market. Johannesburg Stock Exchange

 

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 SHE

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

3,970







d)

 

Aggregated information


- Aggregated volume

3,970

- Price

R633,951

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

3,742







d)

 

Aggregated information


- Aggregated volume

3,742

- Price

R597,596

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market. Johannesburg Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daniel Francois Klem

2

Reason for the notification

a)

Position/status

PDMR - Company Secretary

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

Direct beneficial

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R159,72

2,963







d)

 

Aggregated information


- Aggregated volume

2,963

- Price

R473,238

e)

Date of the transaction

28 March 2022

f)

Place of the transaction

On market, Johannesburg Stock Exchange

 

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