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 DIRECTOR
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed:
| Director | : | July Ndlovu |
| Company | : | Thungela Resources |
| Date of transaction | : | 3 June 2024 |
| Class of securities | : | Thungela Resources ordinary shares |
| Nature of transaction | : | Off-market collar hedge over 500 000 ordinary shares of the Company with a put strike price of R134,72, call strike price of R183,43 and expiry on 3 June 2026 |
| Number of securities | : | 500 000 |
| Total value of transaction | : | R 67,360,000 |
| Nature of interest | : | Direct, beneficial |
| Clearance obtained | : | Yes |
UK Financial adviser and corporate broker
Liberum Capital Limited
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Rosebank
5 June 2024
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 | July Ndlovu | |
| 2 | Reason for notification | ||
| a. | Position/Status | PDMR | |
| 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 | |
|
| 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 Identification Code
| Ordinary shares of no par value ISIN: ZAE000296554 SEDOL: BMV3M27 | |
| b. | Nature of the transaction | Off-market collar hedge over shares of the Company | |
| c. | Price(s) and volume(s) | 500 000 ordinary shares of the Company with a put strike price of R134,72, call strike price of R183,43 and expiry on 3 June 2026 | |
| d. | Aggregated information - Aggregated Volume - Price |
Volume: 500 000 R 67,360,000 | |
| e. | Date of the transaction | 3 June 2024 | |
| f. | Place of the transaction | XJSE | |
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