Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Share Capital (Tables)

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Share Capital (Tables)
12 Months Ended
Jan. 31, 2019
Disclosure of classes of share capital [abstract]  
Disclosure of Detailed Information About Share Capital

    31 January 2019 NZ $000’s     31 January 2018 NZ $000’s     31 January 2017 NZ $000’s  
                         
29,640,965(2018: 306,028, 2017: 274,839) Ordinary shares     134,183       68,727       27,948  

Disclosure of Detailed Information About Ordinary Shares Explanatory

 

    For the Year Ended 31 January 2019 NZ$000’s     For the Year Ended 31 January 2018 NZ$000’s     For the 7 Months Ended 31 January 2017 NZ$000’s  
                   
At the beginning of the reporting period     68,727       27,948       3,108  
Issuance of new shares                     24,840  
- Cash collected     23,248       22,990       -  
- Settle Shareholder loan     12,242       0          
- Shares issued in lieu of consultancy fee     692       -          
- Shares issued in lieu of stock payment     4,045       -          
Convertible note maturity     4,159       17,789          
Business combination with Naked Brand Group Inc.     14,196       -          
Business combination with FOH Online Inc.     6,872                  
At the end of the reporting period     134,183       68,727       27,948  

 

The holders of ordinary shares are entitled to participate in dividends and the proceeds on winding up of the Company. On a show of hands at meetings of the Company, each holder of ordinary shares has one vote in person or by proxy, and upon a poll each share is entitled to one vote.

 

The Company does not have authorised capital or par value in respect of its shares.

 

    For the Year Ended 31 January 2019 Number     For the Year Ended 31 January 2018 Number     For the 7 Months Ended 31 January 2017 Number  
                   
Naked Brand Group Limited shares issued on close of the merger between Bendon Limited and Naked Brand Group Inc.                        
- Bendon shareholders     20,889,940       306,028       274,839  
- Naked shareholders     2,068,438               -  
Shares issued during the period     6,682,587               -  
At the end of the period     29,640,965       306,028       274,839  

Disclosure of Detailed Information About Other Equity Explanatory

    31 January 2019 NZ $000’s     31 January 2018 NZ $000’s     31 January 2017 NZ $000’s  
                   
Value of conversion rights - convertible notes     4,159       17,789       -  

Disclosure of Detailed Information About Gearing Ratio

The gearing ratio for the years ended 31 January 2019, 31 January 2018 and 31 January 2017 are as follows:

 

    Note     31 January 2019 NZ $000’s     31 January 2018 NZ $000’s     31 January 2017 NZ $000’s  
Total borrowings     19       20,967       52,121       68,998  
Less Cash and cash equivalents     11       (1,962 )     (10,739 )     (1,965 )
Net debt             19,005       41,382       67,033  
Equity             10,519       (5,710 )     (9,044 )
Total capital             29,524       35,672       57,989  
Gearing ratio             64 %     116 %     116 %