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Thungela Director Sells R1.67 Million in Shares on JSE

Story Highlights
  • Non-executive director Seamus French sold 10,000 Thungela shares on 24 March 2026.
  • The R1.67 million on-market sale was cleared and disclosed under listing and EU rules for transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thungela Director Sells R1.67 Million in Shares on JSE

Meet Samuel – Your Personal Investing Prophet

Thungela Resources Limited ( (GB:TGA) ) has issued an update.

Thungela Resources has disclosed that non-executive director Seamus French conducted an on-market sale of 10,000 ordinary shares in the company on 24 March 2026, at a price of R166.58 per share, for a total value of R1.67 million. The transaction, which was executed on the Johannesburg Stock Exchange and classified as a direct beneficial interest, was carried out with the requisite clearance and reported in line with South African and EU market abuse and listing regulations, offering transparency to shareholders regarding director dealings.

More about Thungela Resources Limited

Thungela Resources Limited is a South Africa-incorporated company listed on both the Johannesburg Stock Exchange and the London Stock Exchange, with its ordinary shares traded under the ticker TGA. The company operates in the resources sector, and its securities are held and traded by directors and investors through the XJSE, reflecting its profile as a publicly listed mining and resources business.

Average Trading Volume: 381,814

Technical Sentiment Signal: Buy

Current Market Cap: £1.02B

For a thorough assessment of TGA stock, go to TipRanks’ Stock Analysis page.

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