NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 16

16. SHARE PREMIUM

  Group   Company  
  June
2016
R'000		   June
2015
R'000		   June
2016
R'000		   June
2015
R'000		  
Opening Balance 525 633   525 633   525 633   525 633  
Issue of share capital 444 725   –   444 725   –  
Closing Balance 970 358   525 633   970 358   525 633  

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 16