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REG - Thungela Resources - Confirmation of Treasury Shares Held

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RNS Number : 4174Y  Thungela Resources Limited  08 September 2025

THUNGELA RESOURCES LIMITED

(Incorporated in the Republic of South Africa)

Registration number: 2021/303811/06

JSE Share Code: TGA

LSE Share Code: TGA

ISIN: ZAE000296554

Tax number: 9111917259

('Thungela' or the 'Company' and, together with its affiliates, the 'Group')

 

CONFIRMATION OF TREASURY SHARES HELD

 

The following notification is made in accordance with the UK Financial Conduct
Authority's Disclosure Guidance and Transparency Rule 5.6.

 

At 31 August 2025, the Group holds a total of 12,221,204 shares in treasury.
This includes 10,138,132 shares held directly by subsidiaries and 2,083,072
shares held in separate broker accounts for employees. The shares held in
employee broker accounts relate to share awards in terms of the Thungela share
plan which have not yet vested and/or sign-on awards granted to new employees
subject to forfeiture conditions. These shares are considered treasury shares
for Thungela until the awards have vested or the forfeiture conditions have
been satisfied.

 

The 10,138,132 treasury shares held directly by subsidiaries do not carry
voting rights.

 

The total number of ordinary shares in issue which carry voting rights amounts
to

130,354,453.

 

This information may be used by shareholders (and others with notification
obligations) as the denominator for the calculations by which they will
determine whether they are required to notify their interest in, or a change
to their interest in the Company.

 

8 September 2025

Rosebank

 

 

UK Financial adviser and corporate broker

Panmure Liberum Limited

Tel: +44 20 3100 2000

 

Sponsor

Rand Merchant Bank

(A division of FirstRand Bank Limited)

Tel: +27 11 282 8000

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