Exxaro Resources Limited Share Transactions

Strategic Insights -

Exxaro Resources Limited, a South African mining and energy company, announced that its prescribed officers exercised vested and released shares under the company's Deferred Bonus Plan Scheme (DBP Scheme) and sold Exxaro ordinary shares. The transactions were conducted within the framework of the JSE Listings Requirements. The prescribed officers involved in the transactions are Mr. PA Koppeschaar, Mr. T Ratsheko, and Mr. S Govender.

Key Takeaways:

  • On 15 May 2025, Exxaro Resources Limited's prescribed officers exercised pledged and matching awards vested and released in terms of the DBP Scheme, resulting in the sale of Exxaro ordinary shares.
  • The DBP Scheme allows for the vesting of shares over a 3-year period, with the most recent vesting date being 21 September 2024.
  • The prescribed officers involved in the transactions were Mr. PA Koppeschaar, Mr. T Ratsheko, and Mr. S Govender, who held positions as Prescribed Officers for Exxaro Resources Limited.
  • The transactions involved the sale of various numbers of Exxaro ordinary shares at different strike prices, with the highest and lowest prices ranging between R160.9600 and R146.2000 per share.
  • The total value of the matching shares vested and released by Mr. Koppeschaar was R160.00, while the value of the matching shares vested and released by Mr. Ratsheko was R26,441.46.
  • The prescribed officers also sold and transferred shares to their personal portfolios, with the total value of these transactions being R30,844.80 for Mr. Ratsheko and R46,120.32 for Mr. Govender.

Statistics:

  • The highest price per Exxaro ordinary share was R160.9600.
  • The lowest price per Exxaro ordinary share was R145.7000.
  • The total value of the matching shares vested and released by Mr. Koppeschaar was R160.00.
  • The total value of the matching shares vested and released by Mr. Ratsheko was R30,844.80.
  • The total value of the matching shares vested and released by Mr. Govender was R58,017.60.
  • The total value of the matching shares vested and released by all prescribed officers was R211,435.36.

Sources:

  • Johannesburg Stock Exchange: EXXARO RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration Number: 2000/011076/06) JSE share code: EXX ISIN code: ZAE000084992 ADR code: EXXAY Bond issuer code: EXXI ISIN No: ZAG000160334 (Exxaro) SHARE TRANSACTIONS
  • JSE Listings Requirements, paragraph 3.63 to 3.65.