Shareholder Information

Capital Structure

As at 31 Dec 2025As at 30 June 2025As at 31 Dec 2024
Shares in issue2,333,671,5292,335,675,2632,335,675,263
Percentage of AIM Securities not in public hands31.4733.7026.81

Major Shareholder Information as at 31 December 2025

ShareholderShares%ISC
PAR Gold306,358,05813.13
Public Investment Corporation252,787,80610.83
Allan Gray Investment Management165,941,9167.11
Peregrine Capital101,886,1444.37
Vanguard Group90,044,9623.86
BlackRock76,312,7673.27
Coronation Fund Managers57,002,4952.44
M&G Investments Southern Africa43,003,7411.84

Directors Shareholdings

As at 31 Dec 2025As at 30 June 2025 As at 31 Dec 2024
Keith Spencer3,000,0003,000,000 3,000,000
Cobus Loots6,045,8547,045,8547,470,230
Marileen Kok45,00025,00025,000
Thabo Mosololi160,000160,000160,000
Charles Needham25,00025,00025,000
Total9,275,85410,255,85410,680,230

Treasury Shares

As at
31 Dec 2025
As at
30 June 2025
As at
31 Dec 2024
Shares held as “Treasury Shares”306,358,058306,358,058306,358,058