Note 16: Share Capital

for the six months ended 30 September 2016

Reviewed
Six months ended
30 September 2016
Audited
Year ended
31 March 2015
Rm Rm
Share capital
Authorised and issued share capital is made up as follows:
Authorised
1 000 000 000 ordinary shares of R10 each 10 000 10 000
Issued and fully paid
520 783 900 (31 March 2016: 520 783 900) ordinary shares of R10 each 5 208 5 208
6 164 800 (31 March 2016: 6,164,800) ordinary shares issued at no consideration - -
The following table illustrates the movement within the number of shares issued:
Number of shares Number of shares
Shares in issue at beginning of year 526 948 700 520 783 900
Issue on 2 June 2015 - 2 185 452
Issue on 30 June 2015 - 3 979 348
Shares in issue at end of period 526 948 700 526 948 700

The unissued shares are under the control of the directors until the next Annual General Meeting. The directors have been given the authority by the shareholders to buy back Telkom's own shares up to a limit of 10% of the current issued share capital.