Notes to the consolidated financial statements |
| for the year ended 30 June 2008 |
| |
 |
|
|
2008 |
|
2007 |
| |
|
|
R’000 |
|
R’000 |
10. |
TREASURY SHARES |
|
|
|
|
|
Balance at beginning of year |
|
(86 262) |
|
(78 526) |
| |
2 931 653 Assore shares (being 10,47% of issued share capital) acquired by Standard Bank |
|
|
|
|
| |
of South Africa Limited at R760 per share in terms of a warehousing agreement with Assore |
|
|
|
– |
| |
(refer note 17). |
|
(2 228 056) |
|
|
| |
86 086 Assore shares (being 0,31% of issued share capital) acquired by Main Street 460 |
|
|
|
|
| |
(Proprietary) Limited, a wholly owned subsidiary of Assore at R318,37 per share in terms of |
|
|
|
|
| |
the authority granted by shareholders at the previous Annual General Meeting. |
|
(27 407) |
|
– |
| |
Assore shares (being 0,22% of issued share capital) acquired by Main Street 460 (Proprietary) |
|
|
|
|
| |
Limited, a wholly owned subsidiary of Assore at R124,19 per share in terms of the |
|
|
|
|
| |
authority granted by shareholders at the previous Annual General Meeting. |
|
– |
|
(7 736) |
| |
Balance at end of year |
|
(2 341 725) |
|
(86 262) |
|
|
