Notification of Treasury Shares
Group holds 11.9m treasury shares as at 31 May 2025, comprising subsidiary holdings and employee share awards.
- Treasury shares held 11,869,424
- Shares held directly by subsidiaries 9,926,778
- Shares held in employee broker accounts 1,942,646
- Ordinary shares in issue with voting rights 130,565,807
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JSE Share Code: TGA
LSE Share Code: TGA
Tax number: 9111917259
('Thungela' or the 'Company' and, together with its affiliates, the 'Group')
CONFIRMATION OF TREASURY SHARES HELD
At 31 May 2025, the Group holds a total of 11,869,424 shares in treasury. This includes 9,926,778 shares held directly by subsidiaries and 1,942,646 shares held in separate broker accounts for employees. The shares held in employee broker accounts relate to share awards in terms of the Thungela share plan which have not yet vested. These shares are considered treasury shares for Thungela until the awards have vested, in line with the rules of the Thungela share plan.
The 9,926,778 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
130,565,807.
Johannesburg, South Africa
UK Financial adviser and corporate broker
Panmure Liberum Limited
Sponsor
Rand Merchant Bank
(A division of FirstRand Bank Limited)
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