Thungela Resources : 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:[e-mail]

Media Contacts

Tarryn Genis

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UK Financial adviser and corporate broker Liberum Capital Limited

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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 instrument, type of instrument Identification code	Ordinary shares of no par value ISIN: ZAE000296554
b)	Nature of the transaction	Off market acceptance of conditional long term incentive awards
c)	Price(s) and volume(s)	Price(s) R26.01 Volume(s) 18
d)	Aggregated information - Aggregated volume - Price	18 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 instrument, type of instrument Identification code	Ordinary shares of no par value ISIN: ZAE000296554
b)	Nature of the transaction	Off market acceptance of conditional long term incentive awards
c)	Price(s) and volume(s)	Price(s) R50.28 Volume(s) 80
d)	Aggregated information - Aggregated volume - Price	80 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 instrument, type of instrument Identification code	Ordinary shares of no par value ISIN: ZAE000296554
b)	Nature of the transaction	Off market acceptance of conditional long term incentive awards
c)	Price(s) and volume(s)	Price(s) R97.06 Volume(s) 189
d)	Aggregated information - Aggregated volume - Price	189 R18,344.34
e)	Date of the transaction	1 October 2021
f)	Place of the transaction	On market