Thungela Resources confirms 11.9 million treasury shares held

Published 02/07/2025, 17:14
Thungela Resources confirms 11.9 million treasury shares held

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.