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BLUE LABEL INTEGRATED ANNUAL REPORT 2015
DIRECTORS’ REPORT
CONTINUED
DIRECTORS’ INTERESTS
The individual interests declared by Directors and officers in the Company’s share capital as at 31 May 2015,
held directly or indirectly, were as follows:
Nature of interest
Direct beneficial
Indirect beneficial
Director/officer
2015
2014
2014
BM Levy
62 548 690
75 078 183
21 272 778
8 272 778
MS Levy
55 141 282
67 670 775
21 272 777
8 272 777
KM Ellerine
—
—
266 667
266 667
GD Harlow
—
—
2 414 815
2 414 815
JS Mthimunye
30 000
30 000
—
—
NN Lazarus
—
3 803 424
—
177 779
LM Nestadt
—
—
8 204 674
8 204 674
MV Pamensky
—
—
5 565 738
5 565 738
DA Suntup
394 176
189 037
3 877 778
3 877 778
JS Vilakazi
—
—
—
—
* Y Mahomed appointed post year-end.
The aggregate interest of the current Directors and officers in the capital of the Company was as follows:
Number of shares
Director/officer
2015
2014
Beneficial
180 989 375
183 824 425
The beneficial interest held by Directors and officers of the Company constitutes 27.20% (2014: 27.69%) of
the issued share capital of the Company.
Details of Directors’ and prescribed officer’s emoluments and equity compensation benefits are set out in
note 30 of the Group annual financial statements and details of the forfeitable share plan are set out in
note 32.
RESOLUTIONS
On 28 November 2014 the Company passed and filed with the Companies and Intellectual Property
Commission the following special resolutions:
•
•
Approving the remuneration of non-executive directors.
•
•
Granting a general authority to repurchase the Company’s shares.
•
•
Approval to grant financial assistance in terms of sections 44 and 45 of the Companies Act, No 71 of 2008.
2015