| Notes to the consolidated annual financial statements l Note 16 |
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Rm |
2016 |
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2015 |
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| 16. |
Share capital |
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Authorised |
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4 000 000 000 ordinary shares with no par value |
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Issued |
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Fully paid share capital |
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1 487 954 000 ordinary shares with no par value |
* |
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* |
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Treasury shares |
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21 306 094 (2015: 21 321 726) ordinary shares with no par value |
1 658 |
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1 606 |
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1 658 |
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1 606 |
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Shares |
2016 |
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2015 |
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Movements in the number of ordinary shares outstanding: |
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1 April |
1 466 632 274 |
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1 466 174 994 |
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Statutory shares in issue |
1 487 954 000 |
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1 487 954 000 |
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Treasury shares |
(21 321 726) |
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(21 779 006) |
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Repurchase of shares1 |
(1 767 453) |
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(1 578 018) |
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Forfeited shares sold |
522 693 |
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280 516 |
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Vesting of shares |
1 260 392 |
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1 754 782 |
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31 March |
1 466 647 906 |
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1 466 632 274 |
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Statutory shares in issue |
1 487 954 000 |
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1 487 954 000 |
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Treasury shares |
(21 306 094) |
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(21 321 726) |
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Treasury shares held by: |
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Vodacom Group Limited |
5 884 863 |
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5 900 495 |
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Subsidiaries |
15 421 231 |
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15 421 23 |
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21 306 094 |
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21 321 726 |
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The unissued share capital is under the control of the current shareholders and the directors do not have the authority to issue
any unissued shares. |
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Notes: |
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* |
Fully paid share capital of R100. |
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1. |
Forfeitable and restricted shares held by employees are treated as treasury shares for accounting in terms of IAS 32: Financial Instruments: Presentation, since
shares awarded under the forfeitable share plan have not fully vested for the purposes of IFRS 2: Share-based Payment until the potential forfeiture period has
expired (Note 17). |
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