REG - Thungela Resources - Dealings in Securities

Thungela ResourcesAnnouncement

08/04/2025 11:00

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RNS Number : 1104E  Thungela Resources Limited  08 April 2025

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" and, together with its affiliates, the "Group")

 

DEALINGS IN SECURITIES BY THUNGELA SHARE PLAN FOR THE ALLOCATION OF
FORFEITABLE SHARES

 

In compliance with paragraph 3.96 of the Listings Requirements of the JSE
Limited ("the JSE Listings Requirements"), we provide the following
information regarding the purchase of shares on the open market to be used for
the future settlement of rights issued as forfeitable shares under the 2021
Thungela Share Plan. The purchased shares will be held in Treasury until such
time that the shares have vested under the rules of the 2021 Thungela Share
Plan.

 

 Date of transaction:                                  2 April 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 314,859
 Volume weighted average purchase price per security:  R104.00
 Highest purchase price per security:                  R107.03
 Lowest purchase price per security:                   R101.53
 Transaction value:                                    R32,745,336.00
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  3 April 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 314,859
 Volume weighted average purchase price per security:  R100.51
 Highest purchase price per security:                  R102.71
 Lowest purchase price per security:                   R98.70
 Transaction value:                                    R31,646,478.09
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  4 April 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 204,857
 Volume weighted average purchase price per security:  R97.06
 Highest purchase price per security:                  R100.48
 Lowest purchase price per security:                   R95.00
 Transaction value:                                    R19,883,420.42
 Nature of interest:                                   Direct beneficial

 

 Date of transaction:                                  7 April 2025
 Nature of transaction:                                On-market acquisition of securities
 Class of securities:                                  Ordinary shares
 Number of securities:                                 424,861
 Volume weighted average purchase price per security:  R94.10
 Highest purchase price per security:                  R97.06
 Lowest purchase price per security:                   R90.63
 Transaction value:                                    R39,979,420.10
 Nature of interest:                                   Direct beneficial

 

Clearance to deal in terms of the JSE Listings Requirements was obtained.

 

Rosebank

8 April 2025

 

UK Financial adviser and corporate broker

Panmure Liberum Limited

 

Sponsor

Rand Merchant Bank (A division of FirstRand Bank Limited)

 

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