Thungela Resources Limited (GB:TGA) has released an update.
Thungela Resources Limited has disclosed a significant off-market financial transaction by Director July Ndlovu, involving a collar hedge on 500,000 of the company’s ordinary shares. The deal, valued at R67,36 million, includes a put strike price of R134,72 and a call strike price of R183,43, with an expiry date set for 3 June 2026. This strategic move was made in full compliance with the Listings Requirements of the JSE Limited and has been duly cleared.
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