Blue Label Telecoms Integrated Annual Report 2019
6 Blue Label annual financial statements 2019 During the period 31 May 2019 to the date of signature of this report GD Harlow sold 2 754 920 shares. The aggregate interest of the current Directors in the capital of the Company was as follows: Number of shares Director/officer 2019 2018 Beneficial 295 970 019 294 050 798 The beneficial interest held by Directors and officers of the Company constitutes 32.73% (2018: 31.25%) of the issued share capital of the Company. Details of Directors’ emoluments and equity compensation benefits are set out in note 5.3 of the Group annual financial statements and details of the forfeitable share plan are set out in note 5.1. Resolutions On 29 November 2018, the Company passed and filed with the Companies and Intellectual Property Commission the following special resolutions: u u approving the remuneration of non-executive directors; u u granting a general authority to repurchase the Company’s shares; and u u approval to grant financial assistance in terms of sections 44 and 45 of the Act. Except for the aforementioned, no other special resolutions, the nature of which might be significant to shareholders in their appreciation of the state of affairs of the Group, were passed by the Company or its subsidiaries during the period covered at the date of signing these Group annual financial statements. Directors’ report continued
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