Thungela Resources

Moses Madondo, CEO of Thungela, sold 26,279 ordinary shares on 20 August to settle tax liabilities arising from the allocation of forfeitable share awards. The transaction was executed on the exchange at a volume-weighted average price of R 117,91 (range R 112,64–R 120,08) and had a total value of R 3.098.556,89. Approval was granted under paragraph 6.83 of the JSE listing requirements; remaining forfeitable awards are held in trust until allocation. » Altro su de.investing.com

In H1 2026 Thungela reported adjusted EBITDA of ZAR 1.3bn (+91%) and adjusted operating free cash flow of ZAR 1.9bn (+292%). Reported earnings per share climbed to ZAR 10.95 (+467%), aided by a non-cash disposal gain from the sale of the Kleinkopje mining right; headline EPS was ZAR 4.80. The stock rose about 12.5% following the results, the company announced an interim dividend of ZAR 5.50 per share and increased its net cash position to ZAR 6.1bn. Thungela expects production improvements in South Africa in H2 but remains cautious given currency and price risks. » Altro su de.investing.com

Thungela has declared a gross interim dividend of 550.00 cents per share in South African rand, payable on 21 September (JSE register) and 5 October (LSE register). The record date is 18 September; trading ex-dividend begins on the JSE on 16 September and on the LSE on 17 September. For shareholders on the UK register the gross dividend equals 25.19 pence per share (net 20.15 pence), and for ZAR payments the net dividend is 440.00 cents after a 20% withholding tax; reduced rates may be claimed under double taxation agreements. » Altro su de.investing.com