|
|
|
|
|
|
|
|
|
2009 |
|
2008 |
|
|
|
R’000 |
|
R’000 |
10. |
TREASURY SHARES |
|
|
|
|
|
Balance at beginning of year |
|
(2 341 725) |
|
(86 262) |
|
A total of 72 000 (2008: 86 086) Assore shares, being 0,26% (2008: 0,31%) of issued |
|
|
|
|
|
share capital acquired by Main Street 460 (Proprietary) Limited, a wholly owned |
|
|
|
|
|
subsidiary of Assore at R367,57 per share (2008: R318,37) in terms of the authority |
|
|
|
|
|
granted by shareholders at the Annual General Meeting held on 4 September 2008 |
|
(26 465) |
|
(27 407) |
|
Cancellation of 428 347 treasury shares acquired at an average cost of |
|
|
|
|
|
R580,65 per share in terms of the authority granted by shareholders at the |
|
|
|
|
|
Annual General Meeting held on 4 September 2008 |
|
248 718 |
|
– |
|
Costs of cancellation of treasury shares |
|
(775) |
|
– |
|
A total of 2 931 653 shares (10,47%) of the issued share capital acquired at R760 per |
|
|
|
|
|
share and held in terms of a warehousing agreement concluded with the Standard Bank |
|
|
|
|
|
of South Africa Limited (SBSA). During 2009, these shares were acquired from SBSA |
|
|
|
|
|
by a wholly owned subsidiary, Main Street 460 (Proprietary) Limited (refer to note 17) |
|
– |
|
(2 228 056) |
|
Warehouse transaction costs |
|
(5 038) |
|
– |
|
Balance at end of year |
|
(2 125 285) |
|
(2 341 725) |