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Thungela Confirms Treasury Share Holdings and Voting Share Capital

Story Highlights
  • Thungela reports holding 13.7 million shares in treasury, including unvested employee awards.
  • The company confirms 128.8 million ordinary shares carry voting rights for disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thungela Confirms Treasury Share Holdings and Voting Share Capital

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An update from Thungela Resources Limited ( (GB:TGA) ) is now available.

Thungela Resources Limited has disclosed that as at 31 December 2025 it holds 13,708,399 of its own shares as treasury stock, comprising 11,700,761 shares held directly by subsidiaries and 2,007,638 shares held in broker accounts for employee share awards that have not yet vested or remain subject to forfeiture conditions. The company clarified that the treasury shares held by subsidiaries carry no voting rights, leaving 128,791,824 ordinary shares in issue with voting rights, a figure shareholders and other investors are expected to use as the reference denominator when assessing and reporting any changes in their ownership stakes under regulatory disclosure requirements.

More about Thungela Resources Limited

Thungela Resources Limited is a South African coal producer listed on both the Johannesburg Stock Exchange and the London Stock Exchange. The group operates in the thermal coal mining sector, supplying coal primarily for power generation markets, and structures part of its employee remuneration through share-based incentive plans.

Average Trading Volume: 245,105

Technical Sentiment Signal: Buy

Current Market Cap: £627.4M

For an in-depth examination of TGA stock, go to TipRanks’ Overview page.

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