REG - Thungela Resources - Director/PDMR Shareholding

Thungela ResourcesAnnouncement

03/10/2025 10:30

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RNS Number : 0225C  Thungela Resources Limited  03 October 2025

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

 

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