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Organisational overview and activities

Group structure of operating companies

1 Black economic empowered entity.
2 Subsequent to the year-end, Shanduka’s interest was acquired by a special-purpose vehicle, in which the shares are warehoused, prior to being disposed of into a broad-based BEE structure (refer “Black Economic Empowerment Status report”, and “Directors’ report”).
3 A black economic empowerment entity, Mampa Investment Holdings (Proprietary) Limited has a 44% equity interest in Rustenburg Minerals Development Company (Proprietary) Limited.