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              [html]<thead><tr><td>18. Contributed Equity</td><td>Shares</td><td>Shares</td><td>swool</td><td>$’ 000</td></tr></thead><tbody><tr><td>Opening balance</td><td>151.263.789</td><td>135.274.823</td><td>599.618</td><td>482.874</td></tr><tr><td>Exercise of options</td><td>–</td><td>193.536</td><td>−</td><td>1.397</td></tr><tr><td>Dividend reinvestment plan</td><td>761.448</td><td>412.835</td><td>3.330</td><td>2.929</td></tr><tr><td>institutional share placement</td><td>–</td><td>9.859.155</td><td>−</td><td>70.000</td></tr><tr><td>issue of ordinary shares related to Bowdens acquisition</td><td>–</td><td>3.440.367</td><td>−</td><td>30.000</td></tr><tr><td>Issue of ordinary shares as part consideration for the settlement of a legal dispute</td><td>166.668</td><td>333.332</td><td>1.512</td><td>3.024</td></tr><tr><td>Issue of ordinary shares related to loan facility repayment</td><td>–</td><td>1.749.741</td><td>−</td><td>11.652</td></tr><tr><td>Dptions expired / lapsed</td><td>–</td><td>–</td><td>1.044</td><td>–</td></tr><tr><td>Share issue costs</td><td>–</td><td>–</td><td>−</td><td>( 2.258 )</td></tr><tr><td>Closing balance</td><td>152.191.905</td><td>151.263.789</td><td>605.504</td><td>599.618</td></tr></tbody>
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