Thungela Resources confirms treasury shares at 13.3 million

Johannesburg - Thungela Resources Limited (JSE:TGA, LSE:TGA) has revealed it holds 13,274,158 treasury shares as of August 31, 2026, according to a recent press release. These shares are split between 11,442,407 shares held directly by subsidiaries and 1,831,751 shares maintained in individual employee brokerage accounts. The employee shares are connected to Thungela share plan awards that have not yet vested or are subject to new hire forfeiture conditions.

Subsidiary-held shares do not carry voting rights. The company disclosed this information in line with the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rule 5.6. Thungela's ordinary shares with voting rights number 129,050,178. Shareholders and other parties obligated to notify their stake in the company can use this data as the denominator for notifying their interest.

Thungela Resources, registered in South Africa under number 2021/303811/06, operates with Panmure Liberum Limited as its UK financial adviser and corporate broker, and Rand Merchant Bank as sponsor. This report was AI-assisted and editor-reviewed.