Thungela Resources Discloses Change in Significant Shareholding
Why we think this is neutral
This RNS announcement is a disclosure of a change in significant shareholding in Thungela Resources, which is a routine regulatory filing and does not contain any information about the company's trading performance, financial results, or other key business updates.
Key Points
- JP Morgan Chase & Co has increased its holding in Thungela Resources to 6.63% of the issued ordinary shares
- The company has filed the required notice with the Takeover Regulation Panel
Summary
The thermal coal producer has disclosed that JP Morgan Chase & Co has increased its holding in the company to 6.63% of the issued ordinary shares.
Thungela Resources Limited, a thermal coal producer, has announced that JP Morgan Chase & Co has notified the company that accounts under its management have increased their holding in the company, such that JP Morgan Chase & Co now holds 6.63% of the issued ordinary shares in the company. As required, the company has filed the necessary notice with the Takeover Regulation Panel.
DIRECTOR DEALINGS