NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
continued
For the year ended 31 May 2016
BLUE LABEL INTEGRATED ANNUAL REPORT 2016
108
2.
Group composition
continued
2.4 Interest in subsidiaries, associates and joint ventures
Country
Number of
issued
ordinary
shares
Percentage
held
2016
Subsidiaries
Directly held:
Subsidiaries of Blue Label Telecoms Limited
Activi Deployment Services Proprietary Limited
RSA
100
100
Africa Prepaid Services Proprietary Limited
RSA
420
90
Africa Prepaid Services Nigeria Limited
Nigeria 10 000 000
24.01
Blue Label Distribution Proprietary Limited
RSA
100
100
Blue Label One Proprietary Limited
RSA
300
100
Blu Money Proprietary Limited
RSA
100
100
BLT USA Inc.
USA
100
100
Budding Trade 1170 Proprietary Limited
RSA
100
100
Cellfind Proprietary Limited
RSA
1 000
100
Datacel Direct Proprietary Limited
RSA
100
100
Gold Label Investments Proprietary Limited
RSA
1 000
100
Kwikpay SA Proprietary Limited
RSA
100
100
Panacea Mobile Proprietary Limited
RSA
100
100
Simigenix Proprietary Limited
RSA
120
100
The Prepaid Company Proprietary Limited
RSA
10 000
100
The Post Paid Company Proprietary Limited
RSA
200
100
TicketPros Proprietary Limited
RSA
250
100
Transaction Junction Proprietary Limited
RSA
120
60
Uninex Proprietary Limited
RSA
100
100
Ventury Group Proprietary Limited
RSA
2 000
100
Viamedia Proprietary Limited
RSA 3 230 000
75
Virtual Voucher Proprietary Limited
RSA
200
100
Indirectly held:
Subsidiary of The Prepaid Company Proprietary Limited
Blue Label Connect Proprietary Limited***
RSA
42 431
100
*** Formerly known as Retail Mobile Credit Specialists Proprietary Limited.




