axiata group berhad | annual report 2015
163
13. SHARE CAPITAL
Group and Company
2015
2014
No. of
Nominal
No. of
Nominal
Note
shares
value
shares
value
’000
RM’000
’000
RM’000
Ordinary shares of RM1 each:
Authorised:
At the beginning/end of the financial year
12,000,000
12,000,000
12,000,000
12,000,000
Issued and paid-up:
At the beginning of the financial year
8,582,017
8,582,017
8,540,663
8,540,663
Performance-Based ESOS at an exercise price of:
14(a)
- RM1.81
2,842
2,842
2,759
2,759
- RM3.15
90
90
482
482
- RM3.45
2,273
2,273
5,754
5,754
- RM5.07
5,820
5,820
23,659
23,659
11,025
11,025
32,654
32,654
Restricted Share Awards
14(a)
20,361
20,361
8,700
8,700
Dividend Reinvestment Scheme
(a)
203,455
203,455
-
-
At the end of the financial year
8,816,858
8,816,858
8,582,017
8,582,017
(a) Dividend Reinvestment Scheme
On 20 May 2015, the shareholder of the Company via Annual General Meeting (“AGM”) approved the renewal of the authority for the Directors of
the Company to allot and issue new ordinary shares of RM1 each of the Company in relation to the Dividend Reinvestment Scheme (“DRS”) that
provided the shareholders of the Company the option to elect to reinvest their full or partial of the cash dividend entitlement in new ordinary
shares of the Company. In the event that only part of the electable portion is reinvested, the shareholders shall receive the remaining portion of
the dividend in cash.
The Company has issued the new ordinary shares pursuant to DRS during the financial year at the conversion price disclosed in Note 43 to the
financial statements.
The above mentioned ordinary shares rank pari-passu in all respects with the existing ordinary shares of the Company.
