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TGA Thungela Resources Limited

558.00
16.00 (2.95%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Thungela Resources Limited LSE:TGA London Ordinary Share ZAE000296554 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  16.00 2.95% 558.00 558.50 560.00 564.00 540.00 540.00 252,914 16:35:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services 30.81B 5.16B 37.8691 0.18 921.47M

Thungela Resources Limited Director / PDMR dealings (8203Y)

09/05/2023 2:00pm

UK Regulatory


Thungela Resources (LSE:TGA)
Historical Stock Chart


From Apr 2023 to Apr 2024

Click Here for more Thungela Resources Charts.

TIDMTGA

RNS Number : 8203Y

Thungela Resources Limited

09 May 2023

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

("the Company")

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS

Award and acceptance of conditional shares

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited ("the Listings Requirements"), we hereby provide the following information regarding the award and acceptance of conditional shares in May 2023, pertaining to the 2022 calendar year. The award is made and accepted by the undermentioned Executive Directors and Prescribed Officers of Thungela Resources Limited in terms of the Company's Share Plan and Remuneration Policy:

 
 Nature of transaction           Acceptance of conditional shares 
                                  in terms of the Company's 2021 
                                  Share Plan and Remuneration Policy 
 Class of securities             Ordinary shares 
                                ------------------------------------ 
 Nature and extent of interest   Direct, beneficial 
                                ------------------------------------ 
 Transactions completed on or    Off market 
  off market 
                                ------------------------------------ 
 Date of acceptance              9 May 2023 
                                ------------------------------------ 
 Vesting period/date             26 April 2026 
                                ------------------------------------ 
 
 
 Name                  Designation                     Number of Conditional    Value of award** 
                                                        Shares*                                R 
 J Ndlovu             Chief Executive Officer                        49,560            8,130,768 
                     -----------------------------  ------------------------  ------------------ 
 GF Smith             Chief Financial Officer                        25,603            4,200,403 
                     -----------------------------  ------------------------  ------------------ 
 JPD van Schalkwyk    Chief Operating Officer                        19,964            3,275,251 
                     -----------------------------  ------------------------  ------------------ 
 L Martin             Executive Head of Technical                    17,339            2,844,586 
                     -----------------------------  ------------------------  ------------------ 
 BM Dalton            Executive Head of Marketing                    14,764            2,422,090 
                     -----------------------------  ------------------------  ------------------ 
 LE Mataboge          Executive Head of HR                           12,316            2,020,445 
                     -----------------------------  ------------------------  ------------------ 
                      Executive Head of Corporate 
 N Sithole             Affairs                                       12,316            2,020,445 
                     -----------------------------  ------------------------  ------------------ 
 C Venter             Executive Head of SHE                          12,316            2,020,445 
                     -----------------------------  ------------------------  ------------------ 
 

* The vesting of the conditional shares is conditional on pre-determined performance conditions and continued employment by Thungela up until the noted vesting date and where applicable, the reasons for the cessation of such employment.

** The calculation of the value of these awards is based on a dividend adjusted volume weighted average price for the 20 trading days prior to 26 April 2023, which equates to R164.06 per share.

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

Johannesburg

9 May 2023

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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           49,560 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      49,560 
  - Price                                  R 8,130,768 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           25,603 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      25,603 
  - Price                                  R 4,200,403 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           19,964 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      19,964 
  - Price                                  R3,275,251 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           17,339 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      17,339 
  - Price                                  R 2,844,586 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           12,316 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      12,316 
  - Price                                  R 2,020,445 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           12,316 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      12,316 
  - Price                                  R 2,020,445 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 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 SHE 
      ---------------------------------------  ------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           12,316 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      12,316 
  - Price                                  R 2,020,445 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                 Off market 
      ---------------------------------------  ------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Bernard Dalton 
      ---------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                          PDMR - Executive Head of Marketing 
      ---------------------------------------  ------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary shares of no par value 
        financial instrument, 
        type of instrument 
       Identification code                      ISIN: ZAE000296554 
      ---------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                Off market acceptance of conditional 
                                                 long term incentive awards 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
    R164,06                                                           14,764 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      14,764 
  - Price                                  R2,422,090 
 ---------------------------------------  ------------------------------------------------ 
 e)    Date of the transaction                  9 May 2023 
      ---------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                 Off market 
      ---------------------------------------  ------------------------------------------- 
 

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 rns@lseg.com or visit www.rns.com.

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