Thungela Resources Limited Dealings in Securities

RNS Number : 3904M

Thungela Resources Limited

29 April 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	:	Gideon Frederick Smith
Company	:	Thungela Resources
Date of transaction	:	26 April 2024
Class of securities	:	Thungela Resources ordinary shares
Nature of transaction	:	Off-market collar hedge over 250 000 ordinary shares of the Company with a put strike price of R131,93, call strike price of R175,45 and expiry on 28 April 2026
Number of securities	:	250 000
Total value of transaction	:	R32 982 500
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

29 April 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		Gideon Frederick Smith
2	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)	250 000 ordinary shares with a put strike price of R 131,93, call strike price of R 175,45 and expiry on 28 April 2026
d.	Aggregated information  - Aggregated Volume  - Price	Volume: 250 000 R 32 982 500
e.	Date of the transaction	26 April 2024
f.	Place of the transaction	XJSE

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

DSHILMPTMTBTMRI