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Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
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Proactive UK has moved.
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Mining

Thungela Resources warns of share selling scam

Thungela issued a warning to shareholders and investors regarding a purported offer of Thungela securities

Thungela Resources Limited (LSE:TGA), the company spun out of Anglo American, has been the subject of an unusual attempted scam.

The company issued a warning to investors and shareholders that a third party, operating without authorisation and under the name and style of JSE Limited - Preference Shares Department, is attempting to solicit subscribers for a purported offer for subscription in respect of redeemable preference shares.

Thungela said the purported offer amounts to share fraud and has been reported by the company to JSE Limited (Johannesburg Stock Exchange), the South African Financial Sector Conduct Authority and to the UK Financial Conduct Authority.

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