THUNGELA RESOURCES LIMITED - Dealing in securities by a prescribed officer

Dealing in securities by a prescribed officer

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")

DEALING IN SECURITIES BY 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 dealing in securities by a prescribed officer of Thungela Resources is disclosed:

    Prescribed officer                                     :   Lesego Mataboge
    Company                                                :   Thungela Resources
    Date of transaction                                    :   23 September 2024
    Class of securities                                    :   Thungela Resources ordinary shares
    Nature of transaction                                  :   On-market sale of ordinary shares
    Number of securities                                   :   1 405
    Sale price per share                                   :   R105.00
    Total value of transaction                             :   R147 525.00
    Nature of interest                                     :   Direct, beneficial
    Clearance obtained                                     :   Yes

UK Financial adviser and corporate broker
Panmure Liberum Capital Limited

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Rosebank
23 September 2024


         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                              Lesego Mataboge
2    Reason for notification
a.   Position/Status                   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
     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
4    type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.   Description of the                Ordinary shares of no par value
     financial instrument,
     type of instrument                ISIN: ZAE000296554
     Identification Code               SEDOL: BMV3M27
b.   Nature of the                     Sale of Shares
     transaction
c.   Price(s) and                      Volume 1405      Price    ZAR147 525.00
     volume(s)
d.   Aggregated                        Price: ZAR105.00
     information
     - Aggregated Volume               Volume: 1405
e.   Date of the                       23 September 2024
     transaction
f.   Place of the                      XJSE
     transaction

Date: 23-09-2024 04:00:00
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