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THUNGELA RESOURCES LIMITED - Dealing in securities by a director and a prescribed officer

Release Date: 20/04/2022 16:00
Code(s): TGA     PDF:  
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Dealing in securities by a director and a prescribed officer

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
(‘Company’ or ‘Thungela Resources’)

DEALING IN SECURITIES BY A DIRECTOR AND A PRESCRIBED OFFICER

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information relating to the dealings in securities by a director and a prescribed officer of Thungela Resources
are disclosed:

 Director                                             :   Sango Siviwe Ntsaluba
 Company                                              :   Thungela Resources
 Date of transaction                                  :   10 June 2021
 Class of securities                                  :   Thungela Resources ordinary shares
 Nature of transaction                                :   On-market sale of ordinary shares
 Number of securities                                 :   18
 Sale price per share                                 :   2601 cents
 Total value of transaction                           :   R468.18
 Nature of interest                                   :   Direct, beneficial
 Clearance obtained                                   :   No. The director was unaware of the trade

 Prescribed Officer                                   :   Johan Petrus Daniel van Schalkwyk
 Company                                              :   Thungela Resources
 Date of transaction                                  :   13 August 2021
 Class of securities                                  :   Thungela Resources ordinary shares
 Nature of transaction                                :   On-market purchase of ordinary shares
 Number of securities                                 :   80
 Purchase price per share                             :   5028 cents
 Total value of transaction                           :    R4 022.40
 Nature of interest                                   :   Direct, beneficial
 Clearance obtained                                   :   No. Due to an oversight the prescribed officer
                                                          inadvertently did not obtain clearance to deal
                                                          and failed to notify the Company of these
                                                          trades.

 Prescribed Officer                                   :   Johan Petrus Daniel van Schalkwyk
 Company                                              :   Thungela Resources
 Date of transaction                                  :   1 October 2021
 Class of securities                                  :   Thungela Resources ordinary shares
 Nature of transaction                                :   On-market purchase of ordinary shares
 Number of securities                                 :   189
 Purchase price per share                             :   9706 cents
 Total value of transaction                           :    R18 344.34
 Nature of interest                                   :   Direct, beneficial
 Clearance obtained                                   :   No. Due to an oversight the prescribed officer
                                                          inadvertently did not obtain clearance to deal
                                                          and failed to notify the Company of these
                                                          trades.

20 April 2022
Rosebank

Investor Relations
Ryan Africa
Email: ryan.africa@thungela.com

Media Contacts
Tarryn Genis
Email: tarryn.genis@thungela.com

UK Financial adviser and corporate broker
Liberum Capital Limited
Tel: +44 20 3100 2000

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

In compliance with the UK Listings Requirements, we hereby provide the following information regarding the
dealing in securities:

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      Ordinary shares of no par value
     instrument, type of instrument
     Identification code               ISIN: ZAE000296554
b)   Nature of the transaction         Off market acceptance of conditional long term incentive
                                       awards
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)
                                       R26.01                   18
d)   Aggregated information
     - Aggregated volume               18
     - Price                           R468.18
e)   Date of the transaction           10 June 2021
f)   Place of the transaction          On market

1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                              Johannes Petrus Daniel van Schalkwyk
2    Reason for the notification
a)   Position/status                   PDMR – Chief Operating Officer
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      Ordinary shares of no par value
     instrument, type of instrument
     Identification code               ISIN: ZAE000296554
b)   Nature of the transaction         Off market acceptance of conditional long term incentive
                                       awards
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)
                                       R50.28                   80
d)   Aggregated information
     - Aggregated volume               80
     - Price                           R4,022.40
e)   Date of the transaction           13 August 2021
f)   Place of the transaction          On market
1    Details of the person discharging managerial responsibilities / person closely associated
a)   Name                              Johannes Petrus Daniel van Schalkwyk
2    Reason for the notification
a)   Position/status                   PDMR – Chief Operating Officer
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      Ordinary shares of no par value
     instrument, type of instrument
     Identification code               ISIN: ZAE000296554
b)   Nature of the transaction         Off market acceptance of conditional long term incentive
                                       awards
c)   Price(s) and volume(s)
                                       Price(s)                 Volume(s)
                                       R97.06                   189
d)   Aggregated information
     - Aggregated volume               189
     - Price                           R18,344.34
e)   Date of the transaction           1 October 2021
f)   Place of the transaction          On market

Date: 20-04-2022 04:00:00
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