Dealings in securities

Thungela Resources Limited
25 November 2024
 

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" and, together with its affiliates, the 'Group')

 

DEALINGS IN SECURITIES TO SETTLE TAX OBLIGATIONS DUE TO VESTING OF CONDITIONAL SHARES FOR PRESCRIBED OFFICERS

 

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), shareholders are advised of the following transactions on behalf of  prescribed officers, pursuant to the vesting of conditional shares granted under the 2021 Company Share Plan and Remuneration Policy.

 

Chief Operations Officer:

Johannes Petrus Daniel van Schalkwyk

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

45,586



Date of transaction

19 November 2024

Number of vested of shares sold:

10,055

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R1,384,070.75



Date of transaction

20 November 2024

Number of vested of shares sold:

34,765

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R4,695,360.90



Date of transaction

21 November 2024

Number of vested of shares sold:

766

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R104,719.86



Nature of interest:

Direct beneficial

 

Executive Head of Technical:

Leslie Martin

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

42,642



Date of transaction

19 November 2024

Number of vested of shares sold:

9,406

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R1,294,735.90



Date of transaction

20 November 2024

Number of vested of shares sold:

32,520

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R4,392,151.20



Date of transaction

21 November 2024

Number of vested of shares sold:

716

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R97,884.36



Nature of interest:

Direct beneficial

 

Executive Head of Marketing:

Bernard Michael Dalton

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

40,562



Date of transaction

19 November 2024

Number of vested of shares sold:

8,947

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R1,231,554.55



Date of transaction

20 November 2024

Number of vested of shares sold:

30,933

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R4,177,810.98



Date of transaction

21 November 2024

Number of vested of shares sold:

682

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R93,236.22



Nature of interest:

Direct beneficial

 

Executive Head of Human Resources:

Lesego Elias Mataboge

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

31,997



Date of transaction

19 November 2024

Number of vested of shares sold:

7,058

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R971,533.70



Date of transaction

20 November 2024

Number of vested of shares sold:

24,401

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R3,295,599.06



Date of transaction

21 November 2024

Number of vested of shares sold:

538

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R73,549.98



Nature of interest:

Direct beneficial

 

Executive Head of Corporate Affairs:

Nompumelelo Sithole

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

31,602



Date of transaction

19 November 2024

Number of vested of shares sold:

6,971

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R959,558.15



Date of transaction

20 November 2024

Number of vested of shares sold:

24,100

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R3,254,946.00



Date of transaction

21 November 2024

Number of vested of shares sold:

531

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R72,593.01



Nature of interest:

Direct beneficial

 

Executive Head of Safety, Health and Environment:

Carina Venter

Nature of transaction:

On market sale of vested conditional shares to settle tax obligations arising from the vesting

Class of securities:

Ordinary shares

Number of vested shares sold:

30,413



Date of transaction

19 November 2024

Number of vested of shares sold:

6,708

Volume weighted average price per share:

R137.65

Highest price per share:

R140.36

Lowest price per share:

R135.46

Transaction value:

R923 356.20



Date of transaction

20 November 2024

Number of vested of shares sold:

23,194

Volume weighted average price per share:

R135.06

Highest price per share:

R138.30

Lowest price per share:

R133.30

Transaction value:

R3,132,581.64



Date of transaction

21 November 2024

Number of vested of shares sold:

511

Volume weighted average price per share:

R136.71

Highest price per share:

R138.36

Lowest price per share:

R134.50

Transaction value:

R69 858.81



Nature of interest:

Direct beneficial

 

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

 

Rosebank

25 November 2024

 

UK Financial adviser and corporate broker

Panmure Liberum Capital Limited

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

 

Notification of Dealing Forms

 

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 - 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

On market sale of shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

10,055




R135.06

34,765




R136.71

766







d)

 

Aggregated information


- Aggregated volume

45,586

- Price

R6,184,151.51

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Leslie Martin

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

On market sale of shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

9,406




R135.06

32,520




R136.71

716







d)

 

Aggregated information


- Aggregated volume

42,642

- Price

R5,784,771.46

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

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

On market sale of shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

8,947




R135.06

30,933




R136.71

682







d)

 

Aggregated information


- Aggregated volume

40,562

- Price

R5,502,601.75

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

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 Human Resources

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 shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

7,058




R135.06

24,401




R136.71

538







d)

 

Aggregated information


- Aggregated volume

31,997

- Price

R4,340,682.74

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

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

On market sale of shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

6,971




R135.06

24,100




R136.71

531







d)

 

Aggregated information


- Aggregated volume

31,602

- Price

R4,287,097.16

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

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 Safety, Health and Environment

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 shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting.

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




R137.65

6,708




R135.06

23,194




R136.71

511







d) 

Aggregated information


- Aggregated volume

30,413

- Price

R4,125,796.65

e)

Date of the transaction

19 - 21 November 2024

f)

Place of the transaction

On market

 

 

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