| |
Group |
|
Company |
|
| Authorised and issued share capital is made up as follows: |
31 March
2019
Rm |
|
31 March
2019
Rm |
|
| Authorised |
|
|
|
|
|
|
|
|
| 1 000 000 000 ordinary shares of R10 each |
10 000 |
|
10 000 |
|
10 000 |
|
10 000 |
|
| Issued |
|
|
|
|
|
|
|
|
| 504 975 439 (31 March 2019: 504 975 439) ordinary shares of R10 each |
5 050 |
|
5 050 |
|
5 050 |
|
5 050 |
|
| 6 164 800 (31 March 2019: 6 164 800) shares 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 the beginning of the year |
511 140 239 |
|
511 140 239 |
|
511 140 239 |
|
511 140 239 |
|
| Shares repurchased and cancelled during the year |
– |
|
– |
|
– |
|
– |
|
| Shares in issue at the end of the year |
511 140 239 |
|
511 140 239 |
|
511 140 239 |
|
511 140 239 |
|
There is only one class of shares, ordinary shares. Each share has the same right to receive dividends and the repayment of capital and represents
one vote at shareholders’ meetings of Telkom SA SOC Limited. Other than voting rights, there are no other preferences attached to the shares.
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.
Capital management
Refer to note 15.7 for detailed capital management disclosure.
|