Dealings in Securities

Summary by AI ^BETAClose X

Seamus French, a Non-Executive Director of Thungela Resources, has sold a total of 20,816 ordinary shares across two transactions on March 27 and March 31, 2026. The sales, conducted on the JSE, generated a total value of R3,465,088, with individual share prices ranging from R163.74 to R168.98. This disclosure is in compliance with regulatory requirements for persons discharging managerial responsibilities.

Disclaimer*

Thungela Resources Limited

02 April 2026

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 NON-EXECUTIVE DIRECTOR

In compliance with paragraphs 6.77 to 6.80 of the Listings Requirements of the JSE Limited, the following information is disclosed:

Director			:	Seamus French
Company			:	Thungela Resources
Class of securities			:	Ordinary shares
Nature of transaction			:	On-market sale of ordinary shares
Nature of interest			:	Direct, beneficial
Clearance obtained			:	Yes
Dates:	Number of shares:	Price per share:			Transaction values:
27 March 2026	10,000	R163.74			R1 637 400
31 March 2026	10,816	R168.98			R1 827 688

UK Financial adviser and corporate broker

Panmure Liberum Limited

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Johannesburg

2 April 2026

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		Seamus French
2	Reason for notification
a.	Position/Status		Non-Executive Director / 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)	Price(s) Volume(s) R163.74 10,000 R168.98 10,816
d.	Aggregated information - Aggregated Volume - Price	20,816 ZAR 3 465 088
e.	Date of the transaction	27 and 31 March 2026
f.	Place of the transaction	XJSE

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