Notes to the Group annual financial statements

for the period ended 3 March 2013
    Group
    2013   2012  
    Rm   Rm  
20.   SHARE CAPITAL      
20.1   Pick n Pay Stores Group      
  Authorised      
  800 000 000 ordinary shares of 1.25 cents each   10.0   10.0  
  Issued      
  480 397 321 ordinary shares of 1.25 cents each   6.0   6.0  
    000’s   000’s  
  The number of shares in issue at end of period is made up as follows:      
  Treasury shares held in the share trust (note 21 2 046.6   2 482.2  
  Shares held outside the Group   478 350.7   477 915.1  
  Total shares in issue at end of period   480 397.3   480 397.3  
  Under a general authority, 24 million of the unissued shares remain under the control of the directors until the next annual general meeting (5% of the issued share capital of the Company).  
  In addition to the general authority above, 63.9 million unissued shares (13.3% of issued shares) remain under the control of the directors to implement the terms and provisions of the Pick n Pay 1997 Share Option Scheme.  
  The holders of ordinary shares are entitled to receive dividends as declared and are entitled to 1 vote per share at meetings of the Company.  
  Refer to note 4.1 for details of share options granted by the Group.  
  Refer to the remuneration report here for details of directors’ interest in shares.  
    2013   2012  
    Rm   Rm  
20.2   Pick n Pay Holdings Group      
  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 end of period is made up as follows:      
  Treasury shares held by the share trust (note 21 9 115.8   9 011.0  
  Treasury shares held by a subsidiary company (note 21 1 845.8   1 845.1  
    10 961.6   10 856.1  
  Shares held outside the Group   516 287.5   516 393.0  
  Total shares in issue at end of period   527 249.1   527 249.1  
  Under a general authority, 26.4 million of the unissued shares remain under the control of the directors until the next annual general meeting (5% of the issued share capital of the Company).  
 

1997 Employee Share Option Scheme  

In addition to the general authority above, 92.3 million unissued shares (17.5% of the issued shares) remain under the control of the directors to implement the terms and provisions of the Pick n Pay 1997 Share Option Scheme.  

  The holders of ordinary shares are entitled to receive dividends as declared and are entitled to 1 vote per share at meetings of the Company.  
  Refer to note 4.1 for details of share options granted by the Group.  
  Refer to the remuneration report here for details of directors’ interest in shares.