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Thungela Resources Limited ( (GB:TGA) ) has provided an announcement.
Thungela Resources Limited announced the sale of ordinary shares by its Chief Financial Officer, Gideon Frederick Smith, on October 1 and 2, 2025. The transactions involved a total of 75,000 shares sold on the market to settle tax obligations arising from the vesting of a 2021 Conditional Share Award, with a total transaction value of approximately R6.5 million. This move may impact the company’s stock performance and stakeholder perceptions, given the significant volume of shares sold by a key executive.
More about Thungela Resources Limited
Thungela Resources Limited is a company incorporated in the Republic of South Africa, primarily engaged in the mining industry. The company focuses on the production and sale of coal, with its shares listed on the Johannesburg Stock Exchange (JSE) and the London Stock Exchange (LSE).
Average Trading Volume: 273,509
Technical Sentiment Signal: Sell
Current Market Cap: £516.2M
For detailed information about TGA stock, go to TipRanks’ Stock Analysis page.