THUNGELA RESOURCES LIMITED Thungela Resources Limited
Incorporated in the Republic of South Africa Registration number: 2021/303811/06
ISIN: ZAE000296554
LEI: 213800EGYK3BN3SRIF27
Share code: TGA
("Thungela Resources" or "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 pertaining to the 2021 calendar year concluded in March 2022. The award is made and accepted by the undermentioned Executive Directors and Prescribed Officers of Thungela Resources in terms of the Company's Share Plan and Remuneration Policy:
Nature of transactions | 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 | 25 March 2022 |
Vesting period/date | 7 March 2025 |
Name | Designation | Number of conditional shares* | Value of Award** R |
July Ndlovu | Chief Executive Officer | 56,592 | R7,670,532 |
Gideon Frederick (Deon) Smith | Chief Financial Officer | 29,236 | R3,962,640 |
Johannes Petrus Daniel van Schalkwyk | Chief Operating Officer | 22,797 | R3,089,856 |
Leslie Martin | Executive Head of Technical | 19,799 | R2,683,535 |
Bernard Michael Dalton | Executive Head of Marketing | 16,858 | R2,284,982 |
Lesego Elias Mataboge | Executive Head of HR | 14,063 | R1,906,080 |
Nompumelelo Sithole | Executive Head of Corporate Affairs | 14,063 | R1,906,080 |
Carina Venter | Executive Head of SHE | 14,063 | R1,906,080 |
* The vesting of the conditional shares is conditional on pre-determined performance conditions and continued employment by Thungela Resources and where applicable, the reasons for the cessation of such employment.
** The calculation of the value of these awards is based on a VWAP of 20 days prior to the grant date of 7 March 2022 which was calculated at R135,54/share.
The requisite in compliance Resources and
clearances with the paragraph
and approvals for these transactions have been obtained Securities Dealing Policies and Procedures of Thungela 3.66 of the Listings Requirements.
Rosebank
29 March 2022
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 award to and acceptance of the 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 Identification code | Ordinary shares of no par value ISIN: ZAE000296554 |
b) | Nature of the transaction | Off market acceptance of conditional long term incentive awards |
c) | Price(s) and volume(s) | Price(s) R135,54 Volume(s) 56,592 |
d) | Aggregated information - Aggregated volume - Price | 56,592 R7,670,532 |
e) | Date of the transaction | 25 March 2022 |
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 /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 Identification code | Ordinary shares of no par value ISIN: ZAE000296554 |
b) | Nature of the transaction | Off market acceptance of conditional long term incentive awards |
c) | Price(s) and volume(s) | Price(s) R135,54 Volume(s) 29,236 |
d) | Aggregated information - Aggregated volume - Price | 29,236 R3,962,640 |
e) | Date of the transaction | 25 March 2022 |
f) | Place of the transaction | Off market |
1 a) 2 a) b) 3
a) b) 4
a)b)
Details of the person discharging managerial responsibilities / person closely associated
Name
Reason for the notification Position/status
Johannes Petrus Daniel van SchalkwykPDMR - Chief Operating Officer
Initial notification /Amendment Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name LEI
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
Description of the financial instrument, type of instrument Identification code
Ordinary shares of no par value
ISIN: ZAE000296554
c)
Price(s) and volume(s)
Off market acceptance of conditional long term incentive awards
Price(s) | Volume(s) |
R135,54 22,797 | ||
d) | Aggregated information - Aggregated volume - Price | 22,797 R3,089,856 |
e) | Date of the transaction | 25 March 2022 |
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 Identification code | Ordinary shares of no par value ISIN: ZAE000296554 |
b) | Nature of the transaction | Off market acceptance of conditional long term incentive awards |
c) | Price(s) and volume(s) | Price(s) R135,54 Volume(s) 19,799 |
d) | Aggregated information - Aggregated volume - Price | 19,799 R2,683,656 |
e) | Date of the transaction | 25 March 2022 |
f) | Place of the transaction | Off market |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Bernard Michael 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 Identification code | Ordinary shares of no par value ISIN: ZAE000296554 |
b) | Nature of the transaction | Off market acceptance of conditional long term incentive awards |
c) | Price(s) and volume(s) | Price(s) R135,54 Volume(s) 16,858 |
d) | Aggregated information - Aggregated volume - Price | 16,858 R2,284,982 |
e) | Date of the transaction | 25 March 2022 |
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 Identification code | Ordinary shares of no par value ISIN: ZAE000296554 |
b) | Nature of the transaction | Off market acceptance of conditional long term incentive awards |
c) | Price(s) and volume(s) | Price(s) R135,54 Volume(s) 14,063 |
d) | Aggregated information - Aggregated volume - Price | 14,063 R1,906,080 |
e) | Date of the transaction | 25 March 2022 |
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 |
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Thungela Resources Ltd. published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 09:23:02 UTC.
