for the six months ended September 30, 2009
March 31 |
September 30 |
September 30 |
|
|---|---|---|---|
Rm |
Rm |
Rm |
|
| Treasury Shares | (1,517) | (1,522) | (1,170) |
| At September 30, 2009 7,632,154 (September 30, 2008: 8,994,097; March 31, 2009: 11,646,680) and 8,143,556 (September 30, 2008: 10,849,058; March 31, 2009: 10,849,058) ordinary shares in Telkom, with a fair value of R330 million (September 30, 2008: R945 million; March 31, 2009: R1,229 million) and R352 million (September 30, 2008: R1,140 million; March 31, 2009: R859 million) are held as treasury shares by its subsidiaries Rossal No 65 (Proprietary) Limited and Acajou Investments (Proprietary) Limited, respectively. | |||
| The shares held by Rossal No 65 (Proprietary) Limited and Acajou Investments (Proprietary) Limited are reserved for issue in terms of the Telkom Conditional Share Plan ('TCSP'). | |||
| The reduction in the number of treasury shares is due to 4,014,526 (September 30, 2008: 1,551,963; March 31, 2009: 1,551,963) shares that vested in terms of the TCSP during the six months ended September 30, 2009. |