Thungela Resources Executive Share Allocations

Thungela Resources Limited (GB:TGA) has released an update.

Thungela Resources Limited has announced the allocation of Dividend Equivalent Shares to its executive directors and prescribed officers as part of their long-term incentive plan, which are subject to vesting and performance conditions. These shares were awarded based on the reinvestment of dividends from previously granted conditional shares. The transactions were off-market and in compliance with the JSE Limited’s Listings Requirements.

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