Dealings in Securities
Summary by AI BETAClose X
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")
DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR
In compliance with paragraphs 6.77 to 6.89 of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), shareholders are advised of the following transaction. The transaction relates to the vesting of conditional share awards subject to a two-year post-vesting holding period by an Executive Director, during which the shares may not be disposed of. The vesting occurred in terms of the Company's 2021 Share Plan and as contemplated in the Remuneration Policy.
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Chief Financial Officer: |
Deon Smith |
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Nature of transaction: |
Off market vesting of measured conditional shares subject to a further two-year holding period |
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Vesting Date: |
28 April 2026 |
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Class of securities: |
Ordinary shares |
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Number of shares: |
17,268 |
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Vesting price: |
R156.33 |
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Transaction value: |
R2,699,506.44 |
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Nature of interest: |
Direct beneficial |
The performance conditions for the Award were measured on 27 February 2026.
Vesting price represents the dividend-adjusted volume weighted average price of a Thungela share on the JSE for the 20 business days ended 24 April 2026. This equates to R156.33 per share.
Clearance for these transactions has been obtained in accordance with paragraph 6.83 of the JSE Listings Requirements.
Johannesburg
4 May 2026
UK Financial adviser and corporate broker
Panmure Liberum Limited
JSE Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Notification of Dealing Forms
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Deon Smith |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR - Chief Financial Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Thungela Resources Limited |
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b) |
LEI |
213800EGYK3BN3SRIF27 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of no par value |
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Identification code |
ISIN: ZAE000296554 |
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b) |
Nature of the transaction |
Off market vesting of measured conditional shares subject to a further two-year holding period |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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R156.33 |
17,268 |
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d)
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Aggregated information |
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- Aggregated volume |
17,268 |
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- Price |
R2,699,506.44 |
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e) |
Date of the transaction |
28 April 2026 |
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f) |
Place of the transaction |
Off market |
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