RNS Number : 2175R
Thungela Resources Limited
05 June 2024
 

Thungela Resources Limited

(Incorporated in the Republic of South Africa)

(Registration number: 2021/303811/06)

ISIN: ZAE000296554

JSE share code: TGA

LSE share code: TGA

("Thungela Resources" or "Company")

 

DEALING IN SECURITIES BY A DIRECTOR

 

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed:

 

Director

:

July Ndlovu

Company

:

Thungela Resources

Date of transaction

:

3 June 2024

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

Off-market collar hedge over 500 000 ordinary shares of the Company with a put strike price of R134,72, call strike price of R183,43 and expiry on 3 June 2026

Number of securities

:

500 000

Total value of transaction

:

R 67,360,000

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

 

UK Financial adviser and corporate broker

Liberum Capital Limited

 

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

 

Rosebank

5 June 2024

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

 

1  

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

July Ndlovu

 Reason for notification  

a.

Position/Status

PDMR

b.

Initial notification/Amendment

Initial

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

 Identification Code

 

Ordinary shares of no par value

ISIN: ZAE000296554

SEDOL: BMV3M27

b.

Nature of the transaction

Off-market collar hedge over shares of the Company

c.

Price(s) and volume(s)

500 000 ordinary shares of the Company with a put strike price of R134,72, call strike price of R183,43 and expiry on 3 June 2026

d.

Aggregated information

 - Aggregated Volume

 - Price

 

 

Volume: 500 000

R 67,360,000

e.

Date of the transaction

3 June 2024

f.

Place of the transaction

XJSE

 




 

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