| |
Telkom's shareholders approved the Telkom Group share plan at the September 2013 annual general meeting. The scheme covers certain operational and management employees and is aimed at giving shares to Group 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 29.
| |
Group |
Company |
|
| The movement within the share-based compensation reserve is: |
| Balance at the beginning of the year |
1 036 |
835 |
964 |
810 |
| Net increase in equity |
202 |
201 |
164 |
154 |
| Employee cost (refer to note 6) |
203 |
203 |
164 |
154 |
| Vesting of shares |
(1) |
(2) |
– |
– |
|
|
| Balance at the end of the year |
1 238 |
1 036 |
1 128 |
964 |
|
