04 Oct - 4 min read

TR-1: Standard form for notification of major holdings

TR-1: Standard form for notification of major holdings

Thungela Resources Limited
Incorporated in the Republic of South Africa
Registration number: 2021/303811/06
ISIN: ZAE000296554
Share code: TGA
("Thungela Resources" or "Company")

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)(i)

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                            THUNGELA RESOURCES LIMITED
attached(ii):

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer                                                                                                        X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights                                                                          X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)(iii):

3. Details of person subject to the notification obligation(i)v
Name                                                           PUBLIC INVESTMENT CORPORATION SOC LIMITED
City and country of registered office (if applicable)          PRETORIA, SOUTH AFRICA

4. Full name of shareholder(s) (if different from 3.)(v)
Name
City and country of registered office (if applicable)

5. Date on which the threshold was crossed or
reached(vi):                                                   01/10/2021

6. Date on which issuer notified (DD/MM/YYYY):                 04/10/2021

7. Total positions of person(s) subject to the notification obligation
                                                     % of voting rights
                             % of voting rights      through financial in-                               Total number of
                             attached to shares         struments               Total of both in %       voting rights of
                              (total of 8. A)      (total of 8.B 1 + 8.B 2)         (8.A + 8.B)            issuer(vii)                      
                                                                      
                                                                                  
                                            
Resulting situation
on the date on which            8.015%                                                 8.015%              136 311 808
threshold was
crossed or reached                             

Position of previous
notification (if                7.636%                                                 7.636%
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached(viii)

A: Voting rights attached to shares

Class/type of                       Number of voting rights(ix)                              % of voting rights
shares
ISIN code (if possible)            Direct                 Indirect                      Direct                   Indirect
                              (Art 9 of Directive      (Art 10 of Directive          (Art 9 of Directive      (Art 10 of Directive
                           2004/109/EC) (DTR5.1)         2004/109/EC)             2004/109/EC) (DTR5.1)         2004/109/EC)
                                                           (DTR5.2.1)                                             (DTR5.2.1)

Ordinary Shares              10 925 925                                                 8.015%




SUBTOTAL 8. A                                10 925 925                                                8.015%



B1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

                                                                              Number of voting rights
Type of financial         Expiration        Exercise/                         that may be acquired if
instrument                date(x)           Conversion Period(xi)             the instrument is              % of voting rights
                                                                              exercised/converted.
                                                                             




                                             SUBTOTAL 8. B 1                          NIL                           NIL



B2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
                                             Exercise/            Physical or
Type of financial     Expiration             Conversion           cash               Number of
instrument              date(x)              Period (xi)          settlement(xii)    voting rights          % of voting rights
                                                                                    
                                                       
                                                                     SUBTOTAL
                                                                      8.B.2            NIL                           NIL

                                                                                            
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer(xiii)

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity(xiv)     X
(please add additional rows as necessary)
                                                                   % of voting rights
                                 % of voting rights if it         through financial in-         Total of both if it
                                    equals or is higher          struments if it equals         equals or is higher
                                    than the notifiable           or is higher than the         than the notifiable
          Name(xv)                     threshold                  notifiable threshold               threshold
                                                                                                                                                                                                                                                                                                     
PUBLIC INVESTMENT
CORPORATION SOC                         8.015%                                                        8.015%
LIMITED

10. In case of proxy voting, please identify:
Name of the proxy holder                                        N/A
The number and % of voting rights held                          N/A
The date until which the voting rights will be held             N/A


11. Additional informationxvi
Name: REITUMETSE KAU
E-Mail: Reitumetse.Kau@pic.gov.za
TEL: 0127423747

Place of completion   PRETORIA, SOUTH AFRICA
Date of completion    04 October 2021

Johannesburg
04 October 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 04-10-2021 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Thungela Resources Limited (JSE:TGA) when you join Listcorp.