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.