JOHANNESBURG - Thungela Resources Limited, a company incorporated in South Africa, has disclosed a transaction involving the on-market sale of ordinary shares by one of its prescribed officers, Bernard Dalton. The transaction took place on Monday, involving the sale of 40,000 ordinary shares at a price of R134.55 per share, totaling R5,382,000.
The transaction was conducted in compliance with the Listings Requirements of the JSE Limited, which governs dealings in securities by company insiders. The details of the transaction were initially notified in accordance with Article 19(1) of Regulation (EU) No. 596/2014.
Bernard Dalton, who holds the position of a person discharging managerial responsibilities (PDMR) within Thungela Resources, carried out the sale with a direct and beneficial nature of interest. Prior clearance for the transaction was obtained, ensuring adherence to regulatory standards.
The shares were traded on the Johannesburg Stock Exchange (JSE), under the share code TGA. Thungela Resources is also listed on the London Stock Exchange (LON:LSEG) (LSE) with the same share code.
The financial advisor and corporate broker for the UK is Panmure Liberum Limited, while RAND MERCHANT BANK, a division of FirstRand Bank Limited, is listed as the sponsor for Thungela Resources.
The company has provided this information through RNS, the news service of the London Stock Exchange, which is authorized by the Financial Conduct Authority in the UK to distribute primary information.
This report is based on a press release statement from Thungela Resources and is intended to inform the public and shareholders of the prescribed officer's dealings in the company's securities.
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