Enhanced Investments - Financial Portal

Dealing in securities by a prescribed officer

Published: 2024-03-20 14:00:30 ET [no company card]

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 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                                     :   Carina Venter
    Company                                                :   Thungela Resources
    Date of transaction                                    :   20 March 2024
    Class of securities                                    :   Thungela Resources ordinary shares
    Nature of transaction                                  :   On-market sale of ordinary shares
    Number of securities                                   :   1200
    Volume weighted average sale price per share           :   R122.70
    Highest sale price per share                           :   R122.71
    Lowest sale price per share                            :   R122.69
    Total value of transaction                             :   R147 240.03
    Nature of interest                                     :   Direct, beneficial
    Clearance obtained                                     :   Yes

UK Financial adviser and corporate broker
Liberum Capital Limited

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

Rosebank
20 March 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                              Carina Venter

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 347     Price      R122.69
     volume(s)               Volume 503      Price     R122.70
                             Volume 350     Price      R122.71
d.   Aggregated              Price: ZAR122.70
     information

     - Aggregated Volume     Volume: 1200

     - Price                 ZAR147 240.03
e.   Date of the             20 March 2024
     transaction
f.   Place of the            XJSE
     transaction

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.