|
Accounting policy
An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all
of its liabilities.
Ordinary shares are classified as equity and are fully paid up.
Incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net
of tax, from the proceeds.
Shares acquired by BLT for its own employees’ equity compensation benefit scheme, including the shares procured
on behalf of the subsidiaries in terms of this scheme, are accounted for as treasury shares in the statement of
financial position.
| AUTHORISED |
|
|
|
|
| 2 000 000 000 ordinary shares with no par value |
|
|
|
|
| Reconciliation of shares issued (net of treasury shares) |
|
Number of shares
2024 |
|
Number of shares
2023 |
| Balance at the beginning of the year |
|
910 820 275 |
|
913 093 326 |
| Shares acquired during the year |
|
— |
|
(10 575 666) |
| Shares sold during the year1 |
|
1 126 728 |
|
10 646 215 |
| Shares forfeited during the year2 |
|
(822 454) |
|
(2 343 600) |
| |
|
911 124 549 |
|
910 820 275 |
| Total number of shares in issue |
|
913 655 874 |
|
913 655 874 |
| Treasury shares |
|
(2 531 325) |
|
(2 835 599) |
|
|
|
|
|
| 1 |
Shares sold to subsidiaries and associates in relation to the Blue Label Telecoms Group Conditional Share Scheme. |
| 2 |
Purchase of shares that have been forfeited by subsidiaries and associates in relation to the Blue Label Telecoms Group
Conditional Share Scheme. |
Accounting policy
| Issued |
|
2024
R’000 |
|
2023
R’000 |
| 913 655 874 (2023: 913 655 874) ordinary shares |
|
7 686 524 |
|
7 686 524 |
| Treasury shares |
|
(48 718) |
|
(47 088) |
| |
|
7 637 806 |
|
7 639 436 |
All shares issued are fully paid up
| Treasury shares acquired |
|
2024 |
|
2023 |
| Number of shares acquired during the year |
|
— |
|
10 575 666 |
| Average price paid for shares acquired (rand) |
|
— |
|
6,58 |
| Amount paid to acquire shares (R’000) |
|
— |
|
69 633 |
|
