Thungela Resources : 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" 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	:	Nompumelelo Sithole
Company	:	Thungela Resources
Date of transaction	:	28 June 2022
Class of securities	:	Thungela Resources ordinary shares
Nature of transaction	:	On-market sale of ordinary shares
Number of securities	:	558
Volume weighted average sale price per share	:	R256.23
Highest sale price per share	:	R256.23
Lowest sale price per share	:	R256.22
Total value of transaction	:	R142,975.76
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

29 June 2022

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	Nompumelelo Sithole
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
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
		ISIN: ZAE000296554
	Identification Code
		SEDOL: BMV3M27
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Volume 58	Price	256.22
		Volume 500	Price	256.23
d.	Aggregated information	Price: ZAR 142,975.76
	- Aggregated Volume
		Volume: 558
	- Price
		ZAR 256.23
e.	Date of the transaction	28 June 2022
f.	Place of the transaction	XJSE