14. ISSUED CAPITAL
14.1 Issued share capital
 
  Group Company
  30 June 2024
R’000
30 June 2023
R’000
30 June 2024
R’000
30 June 2023
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:        
841 088 241 ordinary shares of 1 cent each* 21 324 21 294 21 324 21 294
– Opening balance 21 294 18 909 21 294 18 909
– Issue of share capital** 30 2 385 30 2 385
Share premium (Note 14.2) 2 537 411 2 525 687 2 537 411 2 525 687
  2 558 735 2 546 981 2 558 735 2 546 981
* The number of shares issued includes 12 995 532 treasury shares issued in terms of the FSP share scheme.
** During the current financial year, the last portion of the second tranche, as well as the second portion of the third tranche of the share-based awards vested.
Refer Note 27 for further details.

All ordinary shares rank equally regarding the Company's residual assets.

The directors are authorised, by resolution of the shareholders 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
2024    
Sanlam Life Insurance Limited 494 431 629 58.78
Community Healthcare Holdings Proprietary Limited 74 098 672 8.81
ARC Financial Services Investments Proprietary Limited 62 912 483 7.48
TOTAL 631 442 784 75.07
14.2 Share premium
 
  Group Company
  30 June 2024
R’000
30 June 2023
R’000
30 June 2024
R’000
30 June 2023
R’000
Opening balance 2 525 687 1 094 876 2 525 687 1 094 876
Issue of equity – share-based payment awards exercised 11 724 14 157 11 724 14 157
Increase through additional issue of shares 1 416 654 1 416 654
CLOSING BALANCE 2 537 411 2 525 687 2 537 411 2 525 687