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 |