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Thungela Resources Limited ( (GB:TGA) ) has provided an announcement.
Thungela Resources Limited announced the sale of 4,788 ordinary shares on the open market, which were forfeited under the company’s 2021 Share Plan and Remuneration Policy. The transaction, executed on December 3, 2025, had a total value of R411,384.96, with the shares sold at a volume-weighted average price of R85.92. This move is part of the company’s compliance with the JSE Listings Requirements, and it reflects Thungela’s ongoing efforts to manage its share plan effectively, potentially impacting shareholder value and market perception.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily engaged in the coal industry. The company is listed on both the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE), with a focus on coal mining and related activities.
Average Trading Volume: 255,295
Technical Sentiment Signal: Buy
Current Market Cap: £562.3M
Learn more about TGA stock on TipRanks’ Stock Analysis page.