Substantial share interests
As at 28 May 2025, the Company’s issued share capital consisted of 832,379,996 ordinary shares of no par value.
As at 28 May 2025, the percentage of ordinary shares that were not in public hands was 49.38%:2
1Clifford Elphick, the non-executive Chairman of the Company, is indirectly interested in these ordinary shares, representing 9.60% of the issued share capital of the Company, by virtue of his interest as a potential beneficiary in a discretionary trust, which has an indirect interest in these ordinary shares.
2This reflects the ownership of significant shareholders, and ordinary shares and share options in which non-executive directors of the Company are interested.
3Entities managed by Heeney Capital Resource Partners (“Heeney Capital”). The Company has been informed by Heeney Capital that the total number of shares owned by entities managed by Heeney Capital is 210,271,318 representing 25.26% of the issued shares.
| Shareholder | Number of shares |
% of share capital |
| Greymont Bay I LLC3 | 152,131,783 | 18.28% |
| Eagle Eye Asset Holdings Ltd | 83,333,334 | 10.01% |
| Guava Minerals Limited1 | 79,907,592 | 9.60% |
| Regatta HCRP I LP3 | 58,139,535 | 6.98% |