• Decrease text size
• Increase text size
• Print
• Email

Notes to the annual financial statements

for the year ended 28 February 2010

 

			GROUP AND COMPANY
			2010   Rm		2009   Rm
7.	Share capital
	Authorised
	800 000 000 ordinary shares of 1.25 cents each		10.0		10.0
	Issued
	527 249 082 ordinary shares of 1.25 cents each		6.6		6.6
			000’s		000’s
	Number of shares in issue at 28 February is made up as follows:
	Treasury shares held by the share trust (note 8)		10 077.6		10 418.5
	Treasury shares held by a subsidiary company (note 8)		1 784.3		1 708.2
			11 861.9		12 126.7
	Shares held outside the Holdings Group		515 387.2		515 122.4
	Total shares in issue at 28 February		527 249.1		527 249.1
	118.7 million of the unissued shares remain under the control of the directors until the next annual general meeting.
	1997 Employee Share Option Scheme
	The directors are authorised to utilise up to 17.5% of the issued share capital for the scheme.
			Number of		Number of
			options		options
			000’s		000’s
	Movement in the number of options granted but not taken up are as follows:
	At 1 March		11 479.1		11 803.4
	New options granted*		655.8		787.0
	Options taken up**		(1 164.1)		(1 111.3)
	At 28 February		10 970.8		11 479.1
	Options granted may be taken up during the following financial years:
	Year Average grant price
	2011 R6.78		10 970.8
	Percentage of issued shares		2.1%		2.2%
	Options available for granting under current authorisation		81 297.8		80 789.5
	*Average price of options granted during the year		R12.20		R11.32
	**Average price of options taken up during the year		R4.92		R3.45
	The Employee Share Purchase Trust, which administers the 1997 Share Option Scheme, holds the following number of ordinary shares:
	As a hedge against shares granted or to be granted by that scheme reflected as treasury shares		10 077.6		10 418.5
	On behalf of share purchase scheme participants		500.0		525.2
			10 577.6		10 943.7

 

 

top of page