Group |
Company |
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25. Share-based compensation reserve |
2015 Rm |
2014 Rm |
2015 Rm |
2014 Rm |
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| Telkom’s shareholders approved the Telkom Employee Share Plan at the September
2013 Annual General Meeting. The scheme covers both operational and management
employees and is aimed at giving shares to Telkom employees, at a Rnil exercise price, at
the end of the vesting period. Although the number of shares awarded to employees was
communicated at the grant date, the ultimate number of shares that vest may differ based
on certain performance conditions being met. Refer to note 31. |
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| The fund has been created but the related compensation expense will be recognised over
the vesting period of shares granted. |
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| The movement within the share-based compensation reserve is: | |||||||||||||
| Balance at beginning of year | 11 | – | 11 | – | |||||||||
| Net increase in equity | 115 | 11 | 115 | 11 | |||||||||
| Employee cost | 115 | 11 | 115 | 11 | |||||||||
| Balance at end of year | 126 | 11 | 126 | 11 | |||||||||