Notes to the annual financial statements
for the year ended 28 February 2010
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| 2010 Rm |
2009 Rm |
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| 8. | Treasury shares | ||||
| Treasury shares comprise Pick n Pay Holdings Limited shares held by a subsidiary company and the share trust | |||||
| At 1 March | 54.4 | 54.4 | |||
| Shares repurchased during the year | 13.5 | 4.6 | |||
| Shares sold during the year pursuant to the take-up of share options by employees | (5.1) | (4.6) | |||
| At 28 February | 62.8 | 54.4 | |||
| Number of | Number of | ||||
| shares | shares | ||||
| 000’s | 000’s | ||||
| The movement in the number of treasury shares is as follows: | |||||
| At 1 March | 12 126.7 | 12 908.6 | |||
| Shares purchased during the year | 852.4 | 330.4 | |||
| Shares sold during the year pursuant to the take-up of share options by employees | (1 117.2) | (1 112.3) | |||
| At 28 February | 11 861.9 | 12 126.7 | |||
| Comprises: | |||||
| Shares held by share trust | 10 077.6 | 10 418.5 | |||
| Shares held by a subsidiary company | 1 784.3 | 1 708.2 | |||
| Average purchase price of shares purchased during the year | R15.84 | R13.92 | |||
| Average purchase price of shares held at year-end | R5.29 | R4.49 | |||