Thungela Resources Regulatory News (TGA)

Director

:

Sango Siviwe Ntsaluba

Company

:

Thungela Resources

Date of transaction

:

19 May 2023

Class of securities

:

Thungela Resources ordinary shares

Nature of transaction

:

On-market acquisition of ordinary shares

Number of securities

:

1 300

Purchase price per share

:

15073 cents

Total value of transaction

:

R195 949.00

Nature of interest

:

Direct, beneficial

Clearance obtained

:

Yes

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sango Siviwe Ntsaluba

2

Reason for the notification

a)

Position/status

PDMR - Non Executive Director

b)

Initial notification /Amendment

Initial notification

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

Ordinary shares of no par value

Identification code

ISIN: ZAE000296554

b)

Nature of the transaction

On-market acquisition of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

R150.73

1 300

d)

Aggregated information

- Aggregated volume

1 300

- Price

R195 949.00

e)

Date of the transaction

19 May 2023

f)

Place of the transaction

On market