Equity

12 Months Ended

Dec. 31, 2024


23			Equity


	2024 Number of shares	2023 Number of shares	2022 Number of shares
Ordinary shares issued and fully paid as at January 1	497,938,845	497,887,721	483,715,049
Share buy-back during the year	—	(775,501)	(24,993,271)
Issued during the year	—	—	31,475,691
Shared issued in exchange for public warrants	—	—	5,595,748
RSU vesting	5,468,938	826,625	2,094,504
Ordinary shares issued and fully paid as at December 31	503,407,783	497,938,845	497,887,721

The parent company has one class of ordinary shares which carry no right to fixed income and is authorized to issue an unlimited number of shares in any class.

All shares are issued at no par value.


23.1			Issued capital

For the year ended December 31, 2024, the Company issued 5,468,938 (2023: 826,625) (2022: 2,094,504) ordinary shares upon the vesting of restricted stock units.


23.2			Treasury shares

On January 11, 2023, the Company announced that the Board approved a Share Repurchase Program through December 31, 2023. Following the announcement, 775,501 shares were repurchased for total proceeds of €2.6 million during the year ended December 31, 2023.


23.3			Accumulated other comprehensive income

Included in this balance is foreign exchange reserve, which relates to retranslation of the Group’s foreign subsidiaries with a non-Euro functional currency into the Parent’s presentation currency and retranslation of intangible assets associated with operations in foreign currencies.

Additionally, accumulated other comprehensive income includes fair value adjustments of the remaining investment in non-listed equity. See note 26 for more details.


23.4			Dividends paid and proposed


	2024 € '000s	2023 € '000s	2022 € '000s
Cash dividends on ordinary shares declared during the year:
Interim dividend, paid during the year	46,725	—	—
Special dividend, payable at year end	71,434	—	—
	118,159	—	—

Cash dividend on ordinary shares declared after December 31, 2024:
Final dividend	19,288	—	—

Interim dividend per share (cents)	9.32	—	—
Special dividend per share (cents)	14.20	—	—
Final dividend per share (cents)	3.82	—	—

All dividends are declared and paid in USD.


23			Equity (continued)


23.5			Entities with significant influence over the Group

During the year ended as at December 31, 2024, the Group did not have an ultimate controlling party as no entity is deemed to have control over the Group. Instead, Knutsson Ltd and Chivers Ltd are considered to exercise significant influence by way of holding 45.26% and 19.45% respectively (2023: 46.09% and 19.66%), respectively, of the issued share capital of Super Group as at December 31, 2024.

The Group has transactions with certain entities, including Camden Property Holding Limited, as described in note 13, Apricot Investments Limited, as described in note 14 and 15, and Mahi Gaming LLC and Games Global, as described in note 19, where discretionary beneficiaries of certain trusts are common between ultimate major shareholders of those entities and Super Group. These relationships have been assessed and are not considered by the Company to meet the definition of a related party under IAS 24 ‘Related Party Disclosures'.