Exxaro officer exercises awards, sells shares in BMP scheme

Exxaro Resources Limited (JSE: EXX) announced that a prescribed officer, Mr L. Groenewald, exercised vested awards granted under the Bonus Matching Plan (BMP) and subsequently sold shares on the open market. The transactions occurred on April 1, 2025, with the shares becoming tradable on the same date. A total of 1,149 shares were vested and released, with 543 of those shares sold at a VWAP of ZAR150.1050 per share determined on April 1, 2025. The highest trading price was ZAR153.2000, and the lowest was ZAR148.7000. The value of the sold shares totaled ZAR81,507.02. Additionally, 606 shares were transferred to the officer's personal portfolio, with a price per share determined on March 31, 2025, at ZAR149.0700, resulting in a total value of ZAR90,336.42. The nature of interest is direct beneficial.