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Thungela Resources Limited ( (GB:TGA) ) has provided an update.
Thungela Resources Limited announced the sale of shares on the open market, which were forfeited by participants under the company’s 2021 Share Plan and Remuneration Policy. The transactions, conducted on November 11 and 12, 2025, involved the sale of over 81,000 ordinary shares, generating a total transaction value of approximately R6.57 million. This move reflects the company’s compliance with JSE Listings Requirements and may impact its market positioning and stakeholder interests.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in South Africa, primarily engaged in the mining industry. It is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), focusing on coal production and related services.
Average Trading Volume: 251,541
Technical Sentiment Signal: Sell
Current Market Cap: £505.7M
Find detailed analytics on TGA stock on TipRanks’ Stock Analysis page.