Page 63 - annualreport2020

AFRICAN DAWN ANNUAL REPORT 2020

Notes to the Financial Statements continued
Annual Financial Statements For the year ended 29 February 2020

Reconciliation of number of shares in issue R’000 R’000 R’000 R’000
Reported as at 01 March 48,725 21,925 48,725 21,925
Share issue 7 December 2018 - 26,800 - 26,800
Share issue 14 June 2019* 1,143 - 1,143 -
Share issue 17 July 2019* 1,050 - 1,050 -
Closing balance 50,918 48,725 50,918 48725

Reconciliation of share values ‘R000:
Reported at beginning of period 323,323 313,943 323,323 313,943
Share issue 7 December 2018 - 9,380 - 9,380
Share issue 14 June 2019* 400 - 400 -
Share issue 17 July 2019* 420 - 420 -
Reported at the end of the period 324,143 323,323 324,143 313,323

Total share premium 303,743 303,800 303,743 303,800
Ordinary shares @ 40c 20,400 19,523 20,400 19,523
324,143 323,323 324,143 323,323

* In term of the approval at the AGM the directors issued two tranches of shares during the current financial year. The first issue was at 35c per
share in June 2019 and the second issue was at 40c per share in July 2019.

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