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.
For further insights into GB:TGA stock, check out TipRanks’ Stock Analysis page.