Director/PDMR Shareholding
Source: RNS
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
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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 |
|
|
|
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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