Thungela Resources Limited DEALINGS IN SECURITIES
20 November 2024 - 7:20PM
RNS Regulatory News
RNS Number : 9610M
Thungela Resources Limited
20 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 BY EXECUTIVE DIRECTORS AND PRESCRIBED
OFFICERS FOR VESTING OF CONDITIONAL SHARES
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 related to executive directors and prescribed
officers, in terms of the provisions of the Company's 2021 Share
Plan and Remuneration Policy, regarding conditional shares which
have vested after three years.
|
Chief Executive Officer:
|
July Ndlovu
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
302,589
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R38,607,330.51
|
|
Number of securities that are
restricted:
|
302,589
(Shares are restricted for a further
two years until 16 November 2026)
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Chief Financial Officer:
|
Gideon Frederick Smith
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
126,853
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R16,185,174.27
|
|
Number of securities that are
restricted:
|
126,853
(Shares are restricted for a further
two years until 16 November 2026)
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Chief Operations Officer:
|
Johannes Petrus Daniel van
Schalkwyk
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
101,301
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R12,924,994.59
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Executive Head of
Technical:
|
Leslie Martin
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
94,759
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R12,090,300.81
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Executive Head of Human
Resources:
|
Lesego Elias Mataboge
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
71,104
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R9,072,159.36
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Executive Head of Corporate
Affairs:
|
Nompumelelo Sithole
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
70,226
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R8,960,135.34
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Executive Head of Safety, Health
& Environment:
|
Carina Venter
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
67,584
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R8,623,042.56
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
|
Executive Head of
Marketing:
|
Bernard Michael Dalton
|
|
Date of award:
|
16 November 2021
|
|
Nature of transaction:
|
Off market vesting of conditional
shares awarded in terms of the Company's 2021 Share Plan
|
|
Class of securities:
|
Ordinary shares
|
|
Number of securities that
vested:
|
90,137
|
|
Vesting price per share*:
|
R127.59
|
|
Transaction value:
|
R11,500,579.83
|
|
Date of transaction
|
18 November 2024
|
|
Nature of interest:
|
Direct beneficial
|
* The value of the award is based on
a volume weighted average price of a Thungela Resources share for
the 20 business days ended 15 November 2024.
Clearance to deal in terms of the
JSE Listings Requirements was obtained.
Johannesburg
20 November 2024
UK Financial adviser and corporate
broker
Panmure Liberum
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
|
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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
The shares are restricted for another two years
until 16 November 2026.
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
302,589
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
302,589
|
|
- Price
|
R38,607,330.51
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off market
|
|
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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
The shares are restricted for another two years
until 16 November 2026
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
126,853
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
126,853
|
|
- Price
|
R16,185,174.27
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off market
|
|
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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
101,301
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
101,301
|
|
- Price
|
R12,924,994.59
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off 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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
94,759
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
94,759
|
|
- Price
|
R12,090,300.81
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off 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
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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
71,104
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
71,104
|
|
- Price
|
R9,072,159.36
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off 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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
70,226
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
70,226
|
|
- Price
|
R8,960,135.34
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off 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 & 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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
67,584
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
67,584
|
|
- Price
|
R8,623,042.56
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off 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
|
Off market vesting of conditional shares
awarded in terms of the Company's 2021 Share Plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R127.59
|
90,137
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
90,137
|
|
- Price
|
R11,500,579.83
|
|
e)
|
Date of the transaction
|
18 November 2024
|
|
f)
|
Place of the transaction
|
Off market
|
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END
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