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Thungela Resources Acquires Shares for Share Plan

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Thungela Resources Acquires Shares for Share Plan

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

Thungela Resources Limited announced the acquisition of ordinary shares on the open market as part of its 2021 Thungela Share Plan. The shares, totaling 175,190, were purchased over two days in August 2025 and will be held in Treasury until they vest. This move is in compliance with the JSE Listings Requirements and reflects the company’s ongoing efforts to manage its share-based compensation strategy effectively.

More about Thungela Resources Limited

Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily engaged in the mining industry. It focuses on the production and sale of coal, with its shares listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE).

Average Trading Volume: 306,062

Technical Sentiment Signal: Hold

Current Market Cap: £563.1M

See more data about TGA stock on TipRanks’ Stock Analysis page.

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