Dealing in securities by a director

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
(‘Company’ or ‘Thungela Resources’)

DEALING IN SECURITIES BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following
information relating to dealing in securities by a director of Thungela Resources is disclosed:

Director : Seamus Gerard French
Company : Thungela Resources
Date of transaction : 7 November 2022
Class of securities : Thungela Resources ordinary shares
Nature of transaction : On-market sale of ordinary shares
Number of securities : 20 000
Sale price per share : 26676,356 cents
Total value of transaction : R5,335,271.20
Nature of interest : Direct, beneficial
Clearance obtained : Yes

7 February 2023
Rosebank

UK Financial adviser and corporate broker
Liberum Capital Limited

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

In compliance with article 19(3) of the Market Abuse Regulation (MAR), we hereby provide the following
information regarding the dealing in securities:

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Seamus Gerard French
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 On-market sale of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
R266.76356 20 000
d) Aggregated information
- Aggregated volume 20 000
- Price R5,335,271.20
e) Date of the transaction 7 November 2022
f) Place of the transaction On market

Date: 07-02-2023 10:58:00
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