NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS | Note 16

16. Issued capital
16.1 Issued share capital
 
  Group Company
  2021
R’000
2020
R’000
2021
R’000
2020
R’000
Authorised        
1 billion ordinary shares at no par value 10 000 10 000 10 000 10 000
60 million redeemable preference shares of 1 cent each 600 600 600 600
Issued        
574 964 584 ordinary shares of 1 cent each 18 892 18 885 18 892 18 885
– Opening balance 18 885 18 885 18 885 18 885
– Issue of share capital* 7 7
Share premium (Note 16.2) 1 084 696 1 080 301 1 084 696 1 080 301
  1 103 588 1 099 186 1 103 588 1 099 186
*  During the current financial year, the first tranche of the share-based awards vested. Refer to Note 30 for further details.

The directors are authorised, by resolution of the members and until the forthcoming AGM, to issue the unissued shares in accordance with the limitation set by members. All issued shares have been fully paid.

Major shareholders holding more than 5% of the issued share capital Number of
shares
% of total
shares
2021    
Community Healthcare Holdings Proprietary Limited 139 713 097 24.30
WAD Holdings Proprietary Limited 85 219 923 14.82
Golden Pond Trading 175 Proprietary Limited 70 000 000 12.17
ARC Financial Services Investments Proprietary Limited 48 765 030 8.48
Total 343 698 050 59.77
16.2 Share premium
 
  Group Company
  2021
R’000
2020
R’000
2021
R’000
2020
R’000
Opening balance 1 080 301 1 080 301 1 080 301 1 080 301
Issue of share-based payment awards 4 395 4 395
Closing balance 1 084 696 1 080 301 1 084 696 1 080 301
   

NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS | Note 16