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ROSEBANK - Thungela Resources Limited (JSE:TGA)(LSE:TGA) reported Tuesday that it holds 11,919,197 shares in treasury as of June 30, according to a regulatory filing made in accordance with UK disclosure rules.
The coal mining company’s treasury holdings consist of 10,005,476 shares held directly by subsidiaries and 1,913,721 shares maintained in separate broker accounts for employees as part of the company’s share plan for unvested awards.
The company noted that the 10,005,476 treasury shares held directly by subsidiaries do not carry voting rights. The total number of ordinary shares in issue with voting rights amounts to 130,487,109.
Thungela indicated that this information may be used by shareholders and others with notification obligations as the denominator for calculations to determine whether they are required to notify their interest in, or changes to their interest in, the company.
The announcement was made in compliance with the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rule 5.6, according to the press release statement.
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