Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Thungela Resources Limited ( (GB:TGA) ) just unveiled an announcement.
Thungela Resources Limited announced the sale of 12,224 ordinary shares on the open market, which were forfeited by participants under the company’s 2021 Share Plan and Remuneration Policy. The transaction, valued at approximately R985,254.40, was conducted with a volume-weighted average selling price of R80.60 per security. This move is part of the company’s compliance with the JSE Listings Requirements, potentially impacting its market operations and stakeholder interests.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily focused on the mining industry. It is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), with its main activities revolving around coal production and related resources.
Average Trading Volume: 249,144
Technical Sentiment Signal: Sell
Current Market Cap: £512.2M
For an in-depth examination of TGA stock, go to TipRanks’ Overview page.