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RNS Number : 7302F Thungela Resources Limited 26 May 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 EXECUTIVE DIRECTOR
In compliance with paragraphs 6.77 to 6.80 of the Listings Requirements of the
JSE Limited, the following information is disclosed:
Executive Director : Gideon Frederick Smith
Company : Thungela Resources
Date of transaction : 22 May 2026
Class of securities : Thungela Resources ordinary shares
Nature of transaction : Off-market collar hedge over 181 898 ordinary shares of the Company with a put
strike price of R134.63, call strike price of R150.30 and expiry
on 31 March 2027.
Number of securities : 181 898
Total value of transaction : R24 488 927
Nature of interest : Direct, beneficial
Clearance obtained : Yes
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
UK Financial adviser and corporate broker
Liberum Capital Limited
Johannesburg
26 May 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 Executive Director
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 Off-market collar hedge over shares of the Company
c. Price(s) and volume(s) 181 898 ordinary shares with a put strike price of R134.63, call strike price
of R150.30 and expiry on 31 March 2027.
d. Aggregated information
- Aggregated Volume
- Price Volume: 181 898
R 24 488 927
e. Date of the transaction 22 May 2026
f. Place of the transaction XJSE
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