Share Capital |
12 Months Ended | ||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||
| Share Capital, Reserves and Other Equity Interest [Abstract] | |||||||||||||||||||||||||||
| Share Capital | Share capital Accounting policy Ordinary shares are classified as equity, incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. The cost and number of treasury shares are eliminated against the share capital balance and total, respectively. Authorised 1 200 000 000 (2024: 1 200 000 000) ordinary shares with no par value. 6 866 103 (2024: 6 866 103) convertible preference shares with no par value. Issued 634 767 724 (2024: 632 634 413) ordinary shares with no par value. All issued shares are fully paid. 6 866 103 (2024: 6 866 103) convertible preference shares with no par value. Share issues Share issues relating to employee share options An additional 2 133 311 (2024: 1 910 916) shares were issued to settle the exercise of share options by employees relating to Harmony's management share option schemes. During FY24, Harmony implemented a new employee share option scheme referred to as the Katleho ya Moruo Employee Share Ownership Plan (Katleho ya Moruo ESOP). On 4 April 2024 a total of 12 651 525 shares were issued to the Harmony ESOP Trust as part of the new scheme. These shares have subsequently been used to facilitate the non-managerial share based payment scheme. Note 34 sets out the details in respect of the share option schemes. Convertible preference shares On 21 February 2024, Harmony issued 2 466 103 convertible preference shares to the Harmony Gold Community Trust. The convertible preference shares carry a minimum annual preference dividend of R2 per share and are convertible into ordinary shares on a 1:1 basis after the tenth anniversary of the date on which the shares were issued. The conversion is at the election of Harmony. Treasury shares Included in the total of issued shares are the following treasury shares:
1A wholly-owned subsidiary. 2Trust controlled by the group. 3The decrease in shares relates to the issue of shares to good leavers. Refer to note 34 for further information.
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