IN BRIEF: Thungela executives net some R 18 million after shares sale

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Thungela Resources Ltd - South Africa-based thermal coal exporter - Chief Operations Officer Johan Van Schalkwyk sells 55,716 shares at an average R 133.90 each, worth R 7.5 million. Human Resources Executive Lesego Mataboge disposes of 39,107 shares at an average R 134.13 apiece for R 5.2 million. Safety, Health & Environmental Executive Carina Venter sells 37,694 shares at R 134.95 each, worth R 5.1 million. All of these transactions took place on Wednesday.

Current stock price in Johannesburg: R 137.79, up 0.6% on Thursday

12-month change: down 13%

Current stock price in London: 611.50 pence, up 2.9%

12-month change: down 11%

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