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NEUTRAL

Thungela Resources director's spouse sells shares

Why we think this is neutral

This RNS announcement is a routine disclosure of a director's associate selling a relatively small number of shares. It does not contain any information about the company's trading, financial performance, or strategic developments, and therefore does not warrant a strong sentiment score.

Key Points

  • Spouse of Thungela Resources prescribed officer sold 996 ordinary shares
  • Shares sold at a price of R91.72 per share
  • Total transaction value of R91,353.12

Summary

The spouse of a Thungela Resources director has sold a small number of the company's shares on the open market.

Thungela Resources Limited, a thermal coal mining company, has announced that the spouse of one of its prescribed officers, Johan van Schalkwyk, has sold 996 ordinary shares in the company on the open market. The shares were sold at a price of R91.72 per share, for a total transaction value of R91,353.12.

DIRECTOR DEALINGS