Confirmation of Treasury Shares Held
Group holds 13.8m treasury shares as of 31 October 2025.
- Treasury shares held 13,819,791
- Shares held by subsidiaries 11,768,214
- Shares held in employee broker accounts 2,051,577
- Voting ordinary shares in issue 128,724,371
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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 October 2025, the Group holds a total of 13,819,791 shares in treasury. This includes 11,768,214 shares held directly by subsidiaries and 2,051,577 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 and/or sign-on awards granted to new employees subject to forfeiture conditions. These shares are considered, for accounting purposes, to be treasury shares for Thungela until the awards have vested or the forfeiture conditions have been satisfied.
The 11,768,214 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
128,724,371.
Rosebank
UK Financial adviser and corporate broker
Panmure Liberum Limited
Sponsor
Rand Merchant Bank
(A division of FirstRand Bank Limited)
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.