Thungela Resources Limited Dealings in securities
October 04 2024 - 10:00AM
RNS Regulatory News
RNS Number : 0472H
Thungela Resources Limited
04 October 2024
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
Tax number: 9111917259
("Thungela" or the "Company" and,
together with its affiliates, the 'Group')
DEALINGS IN SECURITIES BY EXECUTIVE DIRECTORS AND PRESCRIBED
OFFICERS FOR ALLOCATION OF DIVIDEND EQUIVALENT
SHARES
In compliance with paragraphs 3.63
to 3.66 of the Listings Requirements of the Johannesburg Stock
Exchange (JSE) Limited, shareholders are advised of the following
allocations relating to the reinvestment of dividends ("Dividend
Equivalent Shares") on previously allocated conditional share
awards to executive directors and prescribed officers in terms of
clause 16.2.1 of the Company's Share Plan. The Dividend Equivalent
Shares are subject to the same vesting and performance conditions
applicable to the conditional shares, as disclosed in the
announcement released on the JSE Stock
Exchange News Service and LSE Regulatory News Services on
1 December 2021, 29 March 2022, 9 May 2023 and 3
June 2024.
|
Name
|
Designation
|
Award
|
Number of
Dividend Equivalent Shares
|
Value
of award (R) *
|
Nature of interest
|
|
J Ndlovu
|
Chief Executive Officer
|
Long term incentive plan (LTIP)
2021
|
6,995
|
751,053
|
Direct beneficial
|
|
LTIP 2022
|
1,960
|
210,445
|
|
LTIP 2023
|
1,065
|
114,349
|
|
LTIP 2024
|
1,325
|
142,265
|
|
GF Smith
|
Chief Financial Officer
|
LTIP 2021
|
2,932
|
314,809
|
Direct beneficial
|
|
LTIP 2022
|
1,012
|
108,658
|
|
LTIP 2023
|
550
|
59,054
|
|
LTIP 2024
|
684
|
73,441
|
|
JPD van Schalkwyk
|
Chief Operating Officer
|
LTIP 2021
|
2,342
|
251,461
|
Direct beneficial
|
|
LTIP 2022
|
789
|
84,715
|
|
LTIP 2023
|
429
|
46,062
|
|
LTIP 2024
|
534
|
57,336
|
|
L Martin
|
Executive Head of
Technical
|
LTIP 2021
|
2,190
|
235,140
|
Direct beneficial
|
|
LTIP 2022
|
686
|
73,656
|
|
LTIP 2023
|
373
|
40,049
|
|
LTIP 2024
|
463
|
49,712
|
|
Name
|
Designation
|
Award
|
Number of
Dividend Equivalent Shares
|
Value of
award (R)
|
Nature of interest
|
|
BM Dalton
|
Executive Head of
Marketing
|
LTIP 2021
|
2,084
|
223,759
|
Direct beneficial
|
|
LTIP 2022
|
584
|
62,704
|
|
LTIP 2023
|
317
|
34,036
|
|
LTIP 2024
|
404
|
43,377
|
|
LE Mataboge
|
Executive Head of Human
Resources
|
LTIP 2021
|
1,644
|
176,516
|
Direct beneficial
|
|
LTIP 2022
|
487
|
52,289
|
|
LTIP 2023
|
265
|
28,453
|
|
LTIP 2024
|
341
|
36,613
|
|
N Sithole
|
Executive Head of Corporate
Affairs
|
LTIP 2021
|
1,623
|
174,262
|
Direct beneficial
|
|
LTIP 2022
|
487
|
52,289
|
|
LTIP 2023
|
265
|
28,453
|
|
LTIP 2024
|
341
|
36,613
|
|
C Venter
|
Executive Head of Safety, Health
& Environment
|
LTIP 2021
|
1,563
|
167,819
|
Direct beneficial
|
|
LTIP 2022
|
487
|
52,289
|
|
LTIP 2023
|
265
|
28,453
|
|
LTIP 2024
|
341
|
36,613
|
* Award price per share represents
the dividend-adjusted volume weighted average price of a Thungela
Resources share for the 20 days ended 20 September 2024. The
highest and lowest prices traded for Thungela Resources shares over
each day were as follows:
|
Date
|
Highest price per share
(R)
|
Lowest price per share
(R)
|
|
26 August 2024
|
122,00
|
118,40
|
|
27 August 2024
|
122,54
|
118,22
|
|
28 August 2024
|
120,13
|
117,02
|
|
29 August 2024
|
119,00
|
116,60
|
|
30 August 2024
|
119,24
|
116,01
|
|
2 September 2024
|
116,20
|
113,50
|
|
3 September 2024
|
114,58
|
111,50
|
|
4 September 2024
|
111,98
|
108,60
|
|
5 September 2024
|
111,87
|
107,90
|
|
6 September 2024
|
111,59
|
108,50
|
|
9 September 2024
|
111,34
|
107,52
|
|
10 September 2024
|
109,59
|
106,00
|
|
11 September 2024
|
108,98
|
102,01
|
|
12 September 2024
|
107,50
|
103,10
|
|
13 September 2024
|
108,55
|
103,40
|
|
14 September 2024
|
109,33
|
106,25
|
|
15 September 2024
|
109,22
|
107,00
|
|
16 September 2024
|
107,50
|
104,19
|
|
17 September 2024
|
108,08
|
102,10
|
|
18 September 2024
|
105,66
|
103,00
|
Clearances and approvals for these
transactions, which are all of an off market nature, was
obtained.
Johannesburg
4 October 2024
UK Financial adviser and corporate
broker
Panmure Liberum Capital
Limited
Sponsor
Rand Merchant Bank (A division of
FirstRand Bank Limited)
In compliance with
the UK Listings Requirements, we
hereby provide the
following information regarding the
allocation of dividend-equivalent shares on previously granted
conditional long term incentive awards.
|
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/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
6,995
|
|
|
|
|
R107.37
|
1,960
|
|
|
|
|
R107.37
|
1,065
|
|
|
|
|
R107.37
|
1,325
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
11,345
|
|
- Price
|
R1,218,113
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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)
|
Name
|
Gideon Frederick Smith
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
2,932
|
|
|
|
|
R107.37
|
1,012
|
|
|
|
|
R107.37
|
550
|
|
|
|
|
R107.37
|
684
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
5,178
|
|
- Price
|
R555,962
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
2,342
|
|
|
|
|
R107.37
|
789
|
|
|
|
|
R107.37
|
429
|
|
|
|
|
R107.37
|
534
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
4,094
|
|
- Price
|
R439,573
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
2,190
|
|
|
|
|
R107.37
|
686
|
|
|
|
|
R107.37
|
373
|
|
|
|
|
R107.37
|
463
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
3,712
|
|
- Price
|
R398,557
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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 Human
Resources
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
1,644
|
|
|
|
|
R107.37
|
487
|
|
|
|
|
R107.37
|
265
|
|
|
|
|
R107.37
|
341
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
2,737
|
|
- Price
|
R293,872
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
1,623
|
|
|
|
|
R107.37
|
487
|
|
|
|
|
R107.37
|
265
|
|
|
|
|
R107.37
|
341
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
2,716
|
|
- Price
|
R291,617
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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 Safety,
Health & Environment
|
|
b)
|
Initial notification/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
1,563
|
|
|
|
|
R107.37
|
487
|
|
|
|
|
R107.37
|
265
|
|
|
|
|
R107.37
|
341
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
2,656
|
|
- Price
|
R285,175
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
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/
Amendment
|
Initial notification
|
|
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
|
|
b)
|
Nature of the transaction
|
Reinvestment of dividends accruing
to ordinary shares previously awarded under conditional long term
incentive plan
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
R107.37
|
2,084
|
|
|
|
|
R107.37
|
584
|
|
|
|
|
R107.37
|
317
|
|
|
|
|
R107.37
|
404
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
- Aggregated volume
|
3,389
|
|
- Price
|
R363,877
|
|
e)
|
Date of the transaction
|
4 October 2024
|
|
f)
|
Place of the transaction
|
Off market
|
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