Annual Report - JD Group

47
2004 2003
Rm Rm
15. Share capital and premium
Share capital
Authorised
250 000 000 (2003: 250 000 000) ordinary shares of 5 cents each 13 13
Issued
172 000 000 (2003: 166 830 000) ordinary shares of 5 cents each 9 8
Share premium
Balance at beginning of year 1 770 776
Additions during year net of share issue expenses:
On 53 700 000 shares issued at a premium of 1 837 cents
for the acquisition of Profurn – 986
On 75 407 ordinary shares bought back in terms
of the odd lot offer at a premium of 2 796 cents – (2)
On 53 200 ordinary shares issued in terms of the
odd lot offer at a premium of 2 796 cents – 2
On 5 170 000 (2003: 422 207) ordinary shares issued at premiums
of 1 398 to 2 979 (2003: 1 398 to 1 874) cents in terms
of options exercised by employees participating in
The JD Group Employee Share Incentive Scheme 124 8
Balance at end of year 1 894 1 770
Total share capital and premium 1 903 1 778
No unissued shares are under the control of the directors to be issued in terms of
The JD Group Limited Share Incentive Trust.
14 022 632 (2003: 14 266 800) shares are under option to employees of the
Group in terms of The JD Group Employee Share Incentive Scheme at prices varying
between R14,03 and R36,90 per share. (page 60)
11 777 368 (2003: 7 670 028) shares are under the control of the directors to
be granted in terms of The JD Group Employee Share Incentive Scheme. (page 60)
A maximum of ten million of the remaining unissued shares are under the control of the
directors until the forthcoming annual general meeting.
16. Treasury shares
JD Group Limited ordinary shares of 5 cents each held by group companies and employee
share incentive trusts at cost.
Protea Furnishers S.A. (Pty) Ltd
421 941 (2003: 621 941) ordinary shares 9 13
The JD Group Employee Share Incentive Scheme
2 292 087 (2003: 158 894) ordinary shares 59 4
The JD Group Limited Share Incentive Trust
574 309 (2003: 638 309) ordinary shares 20 22
88 39