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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 |
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| Reconciliation of shares issued (net of treasury shares) |
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Number of shares
2025 |
|
Number of shares
2024 |
| Balance at the beginning of the year |
|
911 124 549 |
|
910 820 275 |
| Shares sold during the year1 |
|
— |
|
1 126 728 |
| Shares forfeited during the year2 |
|
(2 803 660) |
|
(822 454) |
| |
|
908 320 889 |
|
911 124 549 |
| Total number of shares in issue |
|
913 655 874 |
|
913 655 874 |
| Treasury shares |
|
(5 334 985) |
|
(2 531 325) |
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| 1 |
Shares sold to subsidiaries and associates in relation to the Blue Label Telecoms Limited Conditional Share Scheme. |
| 2 |
Purchase of shares that have been forfeited by subsidiaries and associates in relation to the Blue Label Telecoms Limited Conditional Share Scheme. |
| Issued |
|
2025
R’000 |
|
2024
R’000 |
| 913 655 874 (2024: 913 655 874) ordinary shares |
|
7 686 524 |
|
7 686 524 |
| Treasury shares |
|
(66 621) |
|
(48 718) |
| |
|
7 619 903 |
|
7 637 806 |
All shares issued are fully paid up.
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