NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 15

15. SHARE PREMIUM
 
  GROUP   COMPANY  
  June 2017
R’000
  June 2016
R’000
  June 2017
R’000
  June 2016
Restated*
R’000
 
Opening balance 970 358   525 633   970 358   525 633  
Reversal of share-based payment reserve 28 700     28 700    
Issue of share capital   444 725     444 725  
Closing balance 999 058   970 358   999 058   970 358  

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS – NOTE 15