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 | : | Gideon Frederick Smith |
| Company | : | Thungela Resources |
| Date of transaction | : | 26 April 2024 |
| Class of securities | : | Thungela Resources ordinary shares |
| Nature of transaction | : | Off-market collar hedge over 250 000 ordinary shares of the Company with a put strike price of R131,93, call strike price of R175,45 and expiry on 28 April 2026 |
| Number of securities | : | 250 000 |
| Total value of transaction | : | R32 982 500 |
| 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
29 April 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 | Gideon Frederick Smith | |
| 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) | 250 000 ordinary shares with a put strike price of R 131,93, call strike price of R 175,45 and expiry on 28 April 2026 | |
| d. | Aggregated information - Aggregated Volume - Price |
Volume: 250 000 R 32 982 500 | |
| e. | Date of the transaction | 26 April 2024 | |
| f. | Place of the transaction | XJSE | |
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