DEALING IN SECURITIES BY A PRESCRIBED OFFICER

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Prescribed officer	:	Lesego Mataboge
Company	:	Thungela Resources
Date of transaction	:	23 September 2024
Class of securities	:	Thungela Resources ordinary shares
Nature of transaction	:	On-market sale of ordinary shares
Number of securities	:	1 405
Sale price per share	:	R105.00
Total value of transaction	:	R147 525.00
Nature of interest	:	Direct, beneficial
Clearance obtained	:	Yes

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		Lesego Mataboge
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
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 Identification Code	Ordinary shares of no par value ISIN: ZAE000296554 SEDOL: BMV3M27
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Volume 1405 Price ZAR147 525.00
d.	Aggregated information - Aggregated Volume	Price: ZAR105.00 Volume: 1405
e.	Date of the transaction	23 September 2024
f.	Place of the transaction	XJSE

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