| NOTES TO THE FINANCIAL STATEMENTS l Note 22 |
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Company |
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Group |
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2020
Rm |
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2019
Rm |
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2020
Rm |
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2019
Rm |
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22. |
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STATED CAPITAL |
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Authorised |
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3 300 000 000 ordinary shares of no par value |
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Issued |
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| 4 314 |
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4 010 |
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1 321 654 148 (2019: 1 295 254 148) ordinary shares of no par value |
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4 314 |
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4 010 |
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Aggregated treasury shares in issue |
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(735) |
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(477) |
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Number of shares in issue to external parties: |
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| 1 321 654 148 |
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1 295 254 148 |
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Total shares in issue |
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1 321 654 148 |
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1 295 254 148 |
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Treasury shares: Share Incentive Trust |
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(9 824 614) |
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(10 451 786) |
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BBBEE treasury shares |
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(63 722 861) |
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(60 818 201) |
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Held by subsidiaries |
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(17 621 666) |
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(3 369 062) |
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| 1 321 654 148 |
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1 295 254 148 |
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In issue to external parties |
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1 230 485 007 |
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1 220 615 099 |
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As disclosed in note 6, during the year 26 400 000 shares were issued to Yard SPV for a net consideration of R304 million. |
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A subsidiary of the Company, Italtile Ceramics (Pty) Ltd, acquired 14 252 604 of the Company's shares (2019: 3 369 062) on market at a cost of R193 million (2019: R46,3 million) during the year. |
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The Italtile and Ceramic Foundation acquired 3 785 445 of the Company's shares (2019: nil) on market at a cost of R50 million (2019: nil) during the year. |
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All unissued shares are under the control of the directors until the next AGM. |
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# Less than R1 million. |
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| NOTES TO THE FINANCIAL STATEMENTS l Note 22 |
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