Thungela Resources Limited (GB:TGA) has released an update.
Thungela Resources Limited has announced the award and acceptance of conditional shares to its executive directors and prescribed officers as part of the company’s 2021 Share Plan and Remuneration Policy. The shares are scheduled to vest on May 24, 2027, provided that performance conditions are met and the recipients remain employed with Thungela. The transactions, which involved significant figures such as the CEO and CFO, were conducted off-market based on a dividend-adjusted volume weighted average price of Thungela shares.
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