Share capital |
|
Schedule
of share capital
| |
Number
of ordinary shares | | |
Amount | |
| |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| |
Units | | |
Units | | |
USD | | |
USD | |
| |
| | |
| | |
| | |
| |
Issued and fully paid: | |
| | | |
| | | |
| | | |
| | |
Ordinary shares | |
| | | |
| | | |
| | | |
| | |
As at 1
April | |
| 58,041,998 | | |
| 46,698,702 | | |
| 13,531,607 | | |
| 11,127,521 | |
Issuance of shares during
the financial year | |
| 1 | | |
| 140,040 | | |
| -* | | |
| 2,404,086 | |
Subdivision of shares during
the financial year | |
| - | | |
| 11,203,256 | | |
| - | | |
| - | |
Adjustment on acquisition
of subsidiaries | |
| (58,041,998 | ) | |
| - | | |
| (13,531,607 | ) | |
| - | |
Issuance
of shares pursuant to investment of combining entities | |
| 58,041,990 | | |
| - | | |
| 580 | | |
| - | |
| |
| | | |
| | | |
| | | |
| | |
As
at 31 March | |
| 58,041,991 | | |
| 58,041,998 | | |
| 580 | | |
| 13,531,607 | |
During
the financial year:
| (a) | The
Company adjusted 58,041,998 ordinary shares amounting to USD13,531,607 pursuant to the acquisition
of a subsidiary under common control. These shares were eliminated from equity in accordance
with the accounting for common control combinations; |
| | |
| (b) | The
Company issued 58,041,990
new
ordinary shares of USD0.00001
each
at an issue price of USD0.00001
per
share for a total consideration of USD580,
pursuant to a capital reorganisation and as part of the consideration to satisfy the investment
in combining entities under common control and the acquisition of other investments. |
The
new ordinary shares issued rank pari passu with the then existing ordinary shares of the Company.
The
holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per ordinary
share at meetings of the Company. All ordinary shares rank equally with regard to the Company’s residual assets.
|
* |
On
April 11, 2024 the Company was duly incorporated with an issued and paid-up share capital of USD0.00001 comprising 1 ordinary share. |
|
|
Share capital |
|
Share capital
Schedule
of share capital
Authorised
Share capital | |
| | | |
| | |
2,000,000,000 no par value Ordinary Shares no-par value 60,000,000 no par value Class A Ordinary
Share | |
| - | | |
| - | |
Authorised
Share capital 2,000,000,000 no par value Ordinary Shares no-par value 60,000,000 no par value Class A Ordinary Share | |
| - | | |
| - | |
Issued
Share capital | |
| | | |
| | |
71,017,906 (2024: 63,916,115) Ordinary Shares no-par value | |
| 61,778,832 | | |
| 54,677,041 | |
Issued
Share capital 71,017,906 (2024: 63,916,115) Ordinary Shares no-par value | |
| 61,778,832 | | |
| 54,677,041 | |
Share issue costs | |
| (376,480) | | |
| (2,500,000) | |
Total Issued Share Capital | |
| 58,017,352 | | |
| 52,177,041 | |
Number of Shares | |
| | | |
| | |
Reconciliation of number of shares in issue | |
| | | |
| | |
Balance at beginning of the year | |
| 63,916,115 | | |
| 100,000,000 | |
Share buy back | |
| - | | |
| (96,449,105) | |
Issued during the year | |
| 7,101,791 | | |
| 60,365,220 | |
Balance at end of year | |
| 71,017,906 | | |
| 63,916,115 | |
The
unissued ordinary shares are under the control of the Directors subject to the provisions of the Companies Act 71 of 2008 of South Africa
and the JSE Listings Requirements.
|
3.
SHARE CAPITAL
Share capital
Schedule
of share capital
| |
| | | |
| | |
Authorised Share capital | |
| - | | |
| - | |
2,000,000,000 no par value Ordinary Shares
no-par value | |
| - | | |
| - | |
Authorised Share capital 2,000,000,000 no
par value Ordinary Shares no-par value | |
| - | | |
| - | |
Issued
Share capital | |
| - | | |
| - | |
63,916,115 Ordinary Shares no-par
value | |
| 54,677,041 | | |
| 10,000 | |
Issued Share Capital 63,916,115 Ordinary
Shares no-par value | |
| 54,677,041 | | |
| 10,000 | |
Share issue costs | |
| (2,500,000 | ) | |
| - | |
Total
Issued Share Capital | |
| 52,177,041 | | |
| 10,000 | |
|