Thungela Resources Executives Receive Share Incentives

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

Thungela Resources Limited announced the allocation of Dividend Equivalent Shares to its executive directors and prescribed officers as part of their long-term incentive plan. The shares are subject to vesting and performance conditions, and the transactions were executed off-market in compliance with regulatory requirements. This strategic move aligns executive compensation with shareholder interests and company performance.

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