REG - Thungela Resources - Director/PDMR Shareholding

Thungela ResourcesAnnouncement

05/06/2024 11:00

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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
 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  Ordinary shares of no par value

        Identification Code                                         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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