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NEUTRAL

Thungela Resources Announces Director Dealings

Why we think this is neutral

This RNS announcement is related to director dealings in Thungela Resources' shares, which is not a mandatory news type that requires detailed analysis. The company is simply reporting on the purchase of shares by the Thungela Share Plan for future settlement of rights issued as conditional shares.

Key Points

  • Thungela Share Plan purchased 299,267 shares on 30 May 2025 at a volume weighted average price of R91.70 per share
  • Thungela Share Plan purchased 51,356 shares on 2 June 2025 at a volume weighted average price of R91.71 per share

Summary

The thermal coal company has announced director dealings, with the Thungela Share Plan purchasing shares on the open market for future settlement of rights.

Thungela Resources Limited has announced that the Thungela Share Plan has purchased ordinary shares on the open market on the Johannesburg Stock Exchange. The purchased shares will be held in Treasury account until such time that the shares have vested under the rules of the 2021 Thungela Share Plan.

DIRECTOR DEALINGS