For the year ended 31 march 2015
The Telkom Board declared an ordinary dividend of 215 cents per share and a special dividend of 30 cents per share on 5 June 2015 payable on 20 July 2015 to shareholders registered on 17 July 2015.
On 2 June 2015, Telkom transferred 1,584,641 ordinary shares from Acajou Investment Proprietary Limited to Escrow. These shares were allocated to employees as part of the Telkom Share Plan.
On 4 June 2015, Telkom issued 2,185,452 ordinary shares for no consideration. The shares will be allotted and issued in terms of the Telkom Share Plan.
On 5 June 2015, the Board approved the third and final allocation of shares to employees in terms of its share plan. The number of shares to vest will depend on the extent to which the performance conditions are met at the end of the applicable performance period.
The directors are not aware of any other matter or circumstance since the financial year ended 31 March 2015 and the date of this report, or otherwise dealt with in the financial statements, which significantly affects the financial position of the Group and the results of its operations.