3rd Oct 2025 10:30
Thungela Resources Limited
Incorporated in the Republic of South Africa
Registration number: 2021/303811/06
ISIN: ZAE000296554
JSE share code: TGA
LSE share code: TGA
("Thungela" or "Company")
DEALING IN SECURITIES BY A DIRECTOR
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information relating to dealing in securities by a Director of Thungela Resources is disclosed:
Director | : | Gideon Frederick Smith |
Company | : | Thungela Resources |
Date of transaction | : | 1 October 2025 |
Class of securities | : | Ordinary shares |
Nature of transaction | : | On-market sale of ordinary shares |
Number of securities | : | 51,124 |
Volume weighted average sale price per share | R86,91 | |
Highest sale price per share | R88,01 | |
Lowest sale price per share | R86,15 | |
Total value of transaction | : | R4 443 187 |
Nature of interest | : | Direct, beneficial |
Clearance obtained | : | Yes |
Director | : | Gideon Frederick Smith |
Company | : | Thungela Resources |
Date of transaction | : | 2 October 2025 |
Class of securities | : | Ordinary shares |
Nature of transaction | : | On-market sale of ordinary shares |
Number of securities | : | 23,876 |
Volume weighted average sale price per share | R86,30 | |
Highest sale price per share | R87,33 | |
Lowest sale price per share | R86,00 | |
Total value of transaction | : | R2 060 499 |
Nature of interest | : | Direct, beneficial |
Clearance obtained | : | Yes |
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
UK Financial adviser and corporate broker
Panmure Liberum Limited
Johannesburg
3 October 2025
Notification of Dealing Forms
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Gideon Frederick Smith | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR - Chief Financial Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Thungela Resources Limited | |||
b) | LEI | 213800EGYK3BN3SRIF27 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of no par value | |||
Identification code | ISIN: ZAE000296554 | ||||
b) | Nature of the transaction | On market sale of shares that have vested in respect of the 2021 Conditional Share Award to settle tax obligations arising from the vesting. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
R86,91 | 51,124 | ||||
R86,30 | 23,876 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 75,000 | ||||
- Price | R6,503,686.00 | ||||
e) | Date of the transaction | 1 - 2 October 2025 | |||
f) | Place of the transaction | On market | |||
Related Shares:
Thungela Resources