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Note 17

       
December
2006
Rm
 
December
2005
Rm
17. Ordinary shares and share premium    
  Ordinary share capital      
 
  Authorised share capital          
  2 500 000 000 ordinary shares of 0,01 cent each    
*
 
*
  Issued and fully paid-up share capital    
  1 860 268 283 (December 2005 – 1 665 317 425)    
  ordinary shares of 0,01 cent each    
*
 
*
  Share premium    
  Balance at beginning of year    
14 272
14 239
  Arising on the issue of shares during the year (net of share    
  issue expenses)    
9 532
 
33
  Balance at end of year    
23 804
 
14 272

 

MTN Group Share Option Scheme and Share Appreciation Rights Scheme

The exercise of options and resulting share trades can be viewed under “directors’ share dealings” on page 185 of the Directors report. All disclosure as required by IFRS 2 Share-based payments has been included in the Directors’ report.

   
  *Amounts less than R1 million