Notes to the Consolidated and Separate Annual Financial Statements | Note 34

34. Directors' interests in Merafe Resources Limited
 

As at 31 December 2023, the directors of the Company are beneficially interested (directly and indirectly) in 3 553 565 (2022: 3 553 565) shares in the Company. During the financial year, no material contracts were entered into in which directors and prescribed officers of the Company had an interest and which significantly affected the Group.

The Company's executive directors and their immediate families control 0.14% (2022: 0.14%) of its voting shares. In addition to their salaries, the Company contributes to a provident fund (defined contribution plan) and medical aid fund on their behalf. Executive directors also participate in the Company's share incentive schemes (refer to note 17).

   2023  2022 
  Direct Indirect Direct Indirect
   Number of shares Number of shares
Ms Z Matlala 2,945,000 – 2,945,000 –
Mr D Chocho 608,565 – 608,565 –
  3,553,565 – 3,553,565 –

There have been no changes in these holdings from 31 December 2023 to the date of approval of the annual financial statements, being 15 March 2024.