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REG - Thungela Resources - Notification of Treasury Shares

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RNS Number : 4929Z  Thungela Resources Limited  05 March 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 28 February 2025, the Group holds a total of 6,910,807 shares in treasury.
This includes 5,700,098 shares held directly by subsidiaries and 1,210,709
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. These shares are considered treasury shares
for Thungela until the awards have vested, in line with the rules of the
Thungela share plan.

 

The 5,700,098 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

134,792,487.

 

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.

 

05 March 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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