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Group |
Company |
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31 March
2021
Rm |
31 March
2021
Rm |
| Authorised and issued share capital is made up as follows: |
|
|
|
|
| Authorised |
|
|
|
|
| 1,000,000,000 ordinary shares of R10 each |
10 000 |
10 000 |
10 000 |
10 000 |
| Issued |
|
|
|
|
| 504,975,439 (31 March 2021: 504,975,439) ordinary shares of R10 each (fully paid up) |
5 050 |
5 050 |
5 050 |
5 050 |
| 6,164,800 (31 March 2021: 6,164,800) shares at no consideration1 |
– |
– |
– |
– |
| 1 |
This relates to shares issued in terms of the employee share scheme. |
| 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 Ltd. 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 14.7 for detailed capital management disclosure.
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