IN BRIEF: Thungela Resources CFO Smith sells R 22.7 million shares

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Thungela Resources Ltd - South Africa-based thermal coal exporter - Chief Financial Officer Gideon Frederick Smith sells 60,000 shares, mostly at average price of R 379.83 each, for total of R 22.7 million, around £1.1 million. The sale occurred across three transactions on Monday and Tuesday of this week and Friday last week.

Current stock price: R 32.00, down 15% on Wednesday

12-month change: up sharply from R 6.71

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