Dealings in Securities

Summary by AI ^BETAClose X

Thungela Resources Limited announced the on-market sale of 51,009 ordinary shares from its 2021 Share Plan on March 26, 2026, with a volume-weighted average price of R155.90 per share, resulting in a total transaction value of R7,952,303. The sale involved shares whose vesting was accelerated for good leavers and was conducted in accordance with the Share Plan's rules, with prices ranging from R153.54 to R161.99 per share.

Disclaimer*

Thungela Resources Limited

27 March 2026

Thungela Resources Limited

(Incorporated in the Republic of South Africa)

Registration number: 2021/303811/06

JSE share code: TGA

LSE share code: TGA

ISIN: ZAE000296554

Tax number: 9111917259

("Thungela" or the "Company")

DEALINGS IN SECURITIES BY THE COMPANY'S 2021 SHARE PLAN

In compliance with paragraph 6.90 of the Listings Requirements of the JSE Limited ("the JSE Listings Requirements"), shareholders are advised of the following transactions. The transactions relate to the on-market sale of shares whose vesting was accelerated for no fault / good leavers by the Company's 2021 Share Plan. The sale was undertaken in accordance with the rules of the Share Plan.

Nature of transaction:			On-market sale of securities
Class of securities:			Ordinary shares
Date:			26 March 2026
Number of shares:			51,009
VWAP per share:			R155.90
Highest price per share:			R161.99
Lowest price per share:			R153.54
Transaction value:			R7,952,303
Nature of interest:			Direct beneficial

Clearance for these transactions has been obtained in accordance with paragraph 6.83 of the JSE Listings Requirements.

Johannesburg

27 March 2026

UK Financial adviser and corporate broker

Panmure Liberum Limited

JSE Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

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