REG - Thungela Resources - Dealings in Securities

Thungela ResourcesAnnouncement

Tue 12:00

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RNS Number : 4211J  Thungela Resources Limited  20 May 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")

 

DEALINGS IN SECURITIES BY THUNGELA SHARE PLAN FOR FUTURE SETTLEMENT OF RIGHTS
ISSUED AS CONDITIONAL SHARES

 

In compliance with paragraph 3.96 of the Listings Requirements of the JSE
Limited ("the JSE Listings Requirements"), the following information is
provided regarding the purchase of ordinary shares on the open market on the
Johannesburg Stock Exchange that will be used for the future settlement of
rights issued as conditional shares under the 2021 Thungela Share Plan. The
purchased shares will be held in the Treasury account until such time that the
shares have vested under the rules of the 2021 Thungela Share Plan.

 

 Date of transaction:                                  14 May 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 132,859
 Volume weighted average purchase price per security:  R87.80
 Highest purchase price per security:                  R88.62
 Lowest purchase price per security:                   R86.06
 Transaction value:                                    R11,665,020.20
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  15 May 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 44,617
 Volume weighted average purchase price per security:  R86.88
 Highest purchase price per security:                  R88.42
 Lowest purchase price per security:                   R86.27
 Transaction value:                                    R3,876,324.96
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  16 May 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 118,041
 Volume weighted average purchase price per security:  R85.04
 Highest purchase price per security:                  R86.62
 Lowest purchase price per security:                   R84.26
 Transaction value:                                    R10,038,206.64
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  19 May 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 77,030
 Volume weighted average purchase price per security:  R85.85
 Highest purchase price per security:                  R87.44
 Lowest purchase price per security:                   R84.23
 Transaction value:                                    R6,613,025.50
 Nature of interest:                                   Direct beneficial

 

Clearance to deal in terms of the JSE Listings Requirements was obtained.

 

Rosebank

20 May 2025

 

UK Financial adviser and corporate broker

Panmure Liberum Limited

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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