REG - Thungela Resources - Dealings in Securities

Thungela ResourcesAnnouncement

Tue 14:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260324:nRSX9470Xa&default-theme=true

RNS Number : 9470X  Thungela Resources Limited  24 March 2026

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 Resources" or "Company")

 

DEALING IN SECURITIES BY A DIRECTOR

 

In compliance with paragraphs 6.77 to 6.80 of the Listings Requirements of the
JSE Limited, the following information is disclosed:

 

 Director                    :  Gideon Frederick Smith
 Company                     :  Thungela Resources
 Date of transaction         :  23 March 2026
 Class of securities         :  Ordinary shares
 Nature of transaction       :  The early termination of an off-market collar hedge over 250 000 ordinary
                                shares announced on 29 April 2024, which will result in the sale of the shares
                                at a price of R172.6192 per share to settle the mark-to-market of the options
                                and related funding transaction.
 Number of securities        :  250 000
 Total value of transaction  :  R43,154,800
 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

24 March 2026

 

 

 

 

 

 

 

 

 

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibility and persons closely associated with them.

 

 Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
 596/2014

 1     Details of the person discharging managerial responsibilities/person closely
       associated
 a.    Name                                                                                                  Gideon Frederick Smith
 2      Reason for notification
 a.    Position/Status                                                                                       PDMR
 b.    Initial notification/Amendment                                                                        Initial
 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

                                                                    SEDOL: BMV3M27
 b.    Nature of the transaction                                    Early termination of an off-market collar hedge over shares of the Company to
                                                                    settle the mark-to-market of the options and related funding transaction.
 c.    Price(s) and volume(s)                                       250 000 ordinary shares exercised at R172.6192 per share.
 d.    Aggregated information

        - Aggregated Volume

        - Price                                                     Volume: 250 000 ordinary shares

                                                                    Price: R172.6192
 e.    Date of the transaction                                      24 March 2026
 f.    Place of the transaction                                     XJSE

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHJIMITMTBTBTF



            Copyright 2019 Regulatory News Service, all rights reserved