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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