TGA Director Dealings Neutral
THUNGELA RESOURCES LIMITED - Dealings in securities by prescribed officers
Thungela Resources Limited
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What this filing means
Five Thungela prescribed officers sold an aggregate of 23,282 shares solely to settle tax obligations arising from the vesting of conditional share awards.
Bull case
- The share sales are purely mechanical transactions designed to settle tax obligations arising from the vesting of conditional awards.
- The transactions were executed in accordance with the company's approved 2021 Share Plan and Remuneration Policy.
Bear case
- Five senior executives sold a combined 23,282 shares on the open market, introducing marginal short-term supply.
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