Thungela Resources holds 11,919,197 shares in treasury

Thungela Resources Limited (JSE:TGA) confirmed that as of June 30, 2025, the Group holds 11,919,197 shares in treasury. This total includes 10,005,476 shares held directly by subsidiaries and 1,913,721 shares held in separate broker accounts for employees. The employee broker accounts hold shares related to awards under the Thungela share plan that have not yet vested. These shares are considered treasury shares until vesting, in accordance with the share plan rules. The 10,005,476 treasury shares held directly by subsidiaries do not carry voting rights. The total number of ordinary shares in issue which carry voting rights amounts to 130,487,109. This information is relevant for shareholders' calculations and notification obligations. The company's UK Financial advisor is Panmure Liberum Limited and Rand Merchant Bank acts as sponsor.