Dealings in Securities

Thungela Resources Limited

04 April 2024

 

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 "the Company")

DEALINGS IN SECURITIES BY THE 2021 THUNGELA SHARE PLAN TO COVER TAX OBLIGATIONS IN TERMS OF THE COMPANY'S SHARE PLAN RULES

In compliance with the Listings Requirements of the JSE Limited ("the Listings Requirements"), we hereby provide the following information regarding the sale of shares to settle tax obligations arising from the vesting of 33% of the forfeitable share awards granted for 2022 and 2023 under the 2021 Thungela Share Plan.

Date of transaction:	28 March 2024
Nature of transaction:	On-market sale of securities
Class of securities:	Ordinary shares
Number of securities:	77,727
Volume weighted average selling price per security:	122.04
Highest selling price per security:	124.89
Lowest selling price per security:	120.47
Transaction value:	R9,485,803.08
Nature of interest:	Direct beneficial

Date of transaction:	2 April 2024
Nature of transaction:	On-market sale of securities
Class of securities:	Ordinary shares
Number of securities:	25,029
Volume weighted average selling price per security:	125.95
Highest selling price per security:	128.38
Lowest selling price per security:	121.05
Transaction value:	3,152,652.84
Nature of interest:	Direct beneficial

Clearance to deal in terms of the JSE Listings Requirements was obtained. 

Rosebank

4 April 2024

UK Financial adviser and corporate broker

Liberum Capital Limited

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

END