Dealings in securities by prescribed officersThungela Resources Limited(Incorporated in the Republic of South Africa)(Registration number: 2021/303811/06)JSE share code: TGALSE share code: TGAISIN: ZAE000296554Tax number: 9111917259("Thungela" or the "Company")DEALINGS IN SECURITIES BY PRESCRIBED OFFICERSIn compliance with paragraphs 6.77 to 6.89 of the Listings Requirements of the JSE Limited ("theJSE Listings Requirements"), shareholders are advised of the following transactions. Thetransactions relate to the vesting of conditional share awards by prescribed officers. The vestingoccurred in terms of the Company's 2021 Share Plan and as contemplated in the RemunerationPolicy. Chief Operations Officer: Johan van Schalkwyk Nature of transaction: Off market vesting of conditional shares Vesting date: 28 April 2026 Class of securities: Ordinary shares Number of shares: 13,465 Vesting price: R156.33 Transaction value: R2,104,983.45 Nature of interest: Direct beneficial Executive Head of Technical: Leslie Martin Nature of transaction: Off market vesting of conditional shares Vesting date: 28 April 2026 Class of securities: Ordinary shares Number of shares: 11,694 Vesting price: R156.33 Transaction value: R1,828,123.02 Nature of interest: Direct beneficial Executive Head of Human Resources: Lesego Mataboge Nature of transaction: Off market vesting of conditional shares Vesting date: 28 April 2026 Class of securities: Ordinary shares Number of shares: 8,307 Vesting price: R156.33 Transaction value: R1,298,633.31 Nature of interest: Direct beneficial Executive Head of Corporate Affairs: Mpumi Sithole Nature of transaction: Off market vesting of conditional shares Vesting date: 28 April 2026 Class of securities: Ordinary shares Number of shares: 8,307 Vesting price: R156.33 Transaction value: R1,298,633.31 Nature of interest: Direct beneficial Executive Head of Marketing: Bernard Dalton Nature of transaction: Off market vesting of conditional shares Vesting date: 28 April 2026 Class of securities: Ordinary shares Number of shares: 9,957 Vesting price: R156.33 Transaction value: R1,556,577.81 Nature of interest: Direct beneficialThe vesting price represents the dividend-adjusted volume weighted average price of a Thungelashare on the JSE for the 20 business days ended 24 April 2026. This equates to R156.33 pershare.Clearance for these transactions has been obtained in accordance with paragraph 6.83 of theJSE Listings Requirements.Johannesburg4 May 2026UK Financial adviser and corporate brokerPanmure Liberum LimitedJSE SponsorRand Merchant Bank (A division of FirstRand Bank Limited) Notification of Dealing Forms 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Johan van Schalkwyk 2 Reason for the notification a) Position/status PDMR – Chief Operations Officer b) Initial notification Initial notification /Amendment 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 Ordinary shares of no par value financial instrument, type of instrument Identification code ISIN: ZAE000296554 b) Nature of the transaction Off market vesting of conditional shares c) Price(s) and volume(s) Price(s) Volume(s) R156.33 13,465 d) Aggregated information - Aggregated volume 13,465 - Price R2,104,983.45e) Date of the transaction 28 April 2026f) Place of the transaction Off market1 Details of the person discharging managerial responsibilities / person closely associateda) Name Leslie Martin2 Reason for the notificationa) Position/status PDMR – Executive Head of Technicalb) Initial notification Initial notification /Amendment3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora) Name Thungela Resources Limitedb) LEI 213800EGYK3BN3SRIF274 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 conducteda) Description of the Ordinary shares of no par value financial instrument, type of instrument Identification code ISIN: ZAE000296554b) Nature of the transaction Off market vesting of conditional sharesc) Price(s) and volume(s) Price(s) Volume(s) R156.33 11,694d) Aggregated information - Aggregated volume 11,694 - Price R1,828,123.02e) Date of the transaction 28 April 2026f) Place of the transaction Off market1 Details of the person discharging managerial responsibilities / person closely associateda) Name Lesego Mataboge2 Reason for the notificationa) Position/status PDMR – Executive Head of Human Resourcesb) Initial notification Initial notification /Amendment3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora) Name Thungela Resources Limitedb) LEI 213800EGYK3BN3SRIF274 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 conducteda) Description of the Ordinary shares of no par value financial instrument, type of instrument Identification code ISIN: ZAE000296554b) Nature of the transaction Off market vesting of conditional sharesc) Price(s) and volume(s) Price(s) Volume(s) R156.33 8,307d) Aggregated information - Aggregated volume 8,307 - Price R1,298,633.31e) Date of the transaction 28 April 2026f) Place of the transaction Off market1 Details of the person discharging managerial responsibilities / person closely associateda) Name Mpumi Sithole2 Reason for the notificationa) Position/status PDMR – Executive Head of Corporate Affairsb) Initial notification Initial notification /Amendment3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora) Name Thungela Resources Limitedb) LEI 213800EGYK3BN3SRIF274 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 conducteda) Description of the Ordinary shares of no par value financial instrument, type of instrument Identification code ISIN: ZAE000296554b) Nature of the transaction Off market vesting of conditional sharesc) Price(s) and volume(s) Price(s) Volume(s) R156.33 8,307d) Aggregated information - Aggregated volume 8,307 - Price R1,298,633.31e) Date of the transaction 28 April 2026f) Place of the transaction Off market1 Details of the person discharging managerial responsibilities / person closely associateda) Name Bernard Dalton2 Reason for the notificationa) Position/status PDMR – Executive Head of Marketingb) Initial notification Initial notification /Amendment3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora) Name Thungela Resources Limitedb) LEI 213800EGYK3BN3SRIF274 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 conducteda) Description of the Ordinary shares of no par value financial instrument, type of instrument Identification code ISIN: ZAE000296554b) Nature of the transaction Off market vesting of conditional sharesc) Price(s) and volume(s) Price(s) Volume(s) R156.33 9,957d) Aggregated information - Aggregated volume 9,957 - Price R1,556,577.81e) Date of the transaction 28 April 2026f) Place of the transaction Off marketDate: 04-05-2026 12:00:00Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
-
ABOUT US
OverviewThungela is a leading pure-play producer and exporter of high-quality, cost competitive thermal coal with operations in South Africa and Australia.
Close -
ESG
OverviewOur ESG approach supports our purpose “to responsibly create value together for a shared future”.
Close -
OUR PEOPLE
OverviewWe are dedicated to attracting the finest talent, investing in growth, and developing our teams.
Close -
INVESTORS
Close -
SUPPLIERS
OverviewOur suppliers need to meet all applicable laws and share our commitment to improve lives, society, and environments.
Close -
NEWS
