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NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2015
152
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
2014
Number
of shares
2014
Number
of shares
13.
SHARE CAPITAL
Authorised
Total authorised share capital
of ordinary shares (par value
of R0.000001 each)
1 000 000 000
1 000 000 000
1
1
Issued
Balance at the beginning of
the year
663 896 358
661 635 258
*
*
Shares acquired during
the year
(2 252 420)
(1 368 822)
*
*
Shares vested during the year
3 819 408
3 629 922
*
*
Balance at the end of
the year
665 463 346
663 896 358
*
*
* Less than R1 000.
All issued shares are fully paid up.
The total number of shares in issue including shares held as treasury shares as at 31 May 2015 is
674 509 042 (2014: 674 509 042).
The Company acquired 2 252 420 (2014: 1 368 822 ) shares at an average price of R8.49 (2014:
R8.12) on the JSE in order to grant forfeitable shares to employees and directors as part of the
Group’s forfeitable share plan.
The amount paid to acquire these shares was R19 131 983 (2014: R11 120 071) and has been
deducted from shareholders’ equity.
These shares are held as “treasury shares”.
Refer to note 32 for details on the forfeitable shares.
2015
Number
of shares
2015
Number
of shares