THUNGELA RESOURCES LIMITED - Disclosure of change in significant holding of Thungela ordinary shares

What this filing means

A regulatory notification that Ameriprise Financial Inc. has crossed the 5% voting-rights threshold to hold 5.038% of Thungela's ordinary shares. The filing is a mandatory TR-1 disclosure triggered by the crossing on 17 June 2026 — it records a fact, not an investment thesis, and does not disclose the reason for or size of the purchase, any change in business quality, or any operational or financial development at the company itself.

When a large investor like Ameriprise crosses 5% of a company's shares, it has to tell the market under South African law. That is what this filing is — the law doing its job. It tells you someone big owns more than 5% now, but not why they bought, how much they paid, or whether they think the share is cheap or expensive. It is a record, not an argument.