Coca-Cola Amatil 2007 Annual Report
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CCA Group and CCA Entity
Note 22. Share Capital continued
b) Movements
Ordinary shares
Balance at the beginning of the financial year
747,704,699
1,982.1
Refer
2007
No.
750,887,525
1,676,418
2,398,525
4,074,943
754,962,468
2006
Note
No.
2007
$M
2,001.1
14.3
12.4
26.7
2,027.8
$M
Shares issued in respect of –
Dividend Reinvestment Plan 22c) 2,217,976
14.4
Executive Option Plan 25
964,850
4.6
Total movement
3,182,826
Balance at the end of the financial year
750,887,525
2,001.1
Ordinary shares entitle the holder to participate in dividends and the proceeds
on winding-up of the Company in proportion to the number of shares held.
Every ordinary shareholder present at a meeting of the Company in person or
by proxy, is entitled to one vote, and upon a poll each ordinary share is
entitled to one vote.
Ordinary shares have no par value.
c) Dividend Reinvestment Plan
The Dividend Reinvestment Plan provides shareholders with the opportunity
to receive fully paid ordinary shares, in lieu of cash dividends, at a discount
of
3% from market price at the time of issue. Market price is the weighted average
price of a specified ten day period prior to issue. Participation in the Plan
is capped to 100,000 shares per shareholder.
Details of shares issued under the Plan during the financial year are as follows
–
CCA Group and CCA Entity
Current year interim
2007
Shares issued Issue price Proceeds
No. $ $M
735,219 9.01 6.6
941,199 8.17 7.7
1,676,418 14.3
1,067,613 6.18 6.6
Prior year final
1,150,363 6.75 7.8
2006
Shares issued Issue price Proceeds
No. $$M
Total
2,217,976 14.4
d) Earnings per share (EPS)
Details of the Company’s consolidated EPS, including details of the weighted
average number of shares used to calculate EPS, can be found in Note 27.
CCA Group CCA Entity
Note 23. Shares Held by Equity Compensation Plans
Balance at the beginning of the financial year
(11.9)
–
Movements in unvested CCA ordinary shares held by –
Employees Share Plan 24b)
(1.5)
–
Executive Retention Share Plan
–
–
Executive Salary Sacrifice Share Plan
(0.8)
–
Non-Executive Directors’ Retirement Share Trust 24b)
(1.0)
–
Refer
2007
$M
(15.2)
2.4
(3.5)
–
–
(16.3)
2006
2007
$M
–
–
–
–
–
–
2006
Note
$M
$M
Balance at the end of the financial year
(15.2)
–
The shares held by equity compensation plans account is used to record the
balance of CCA ordinary shares which as at the end of the financial year have
not vested to Group employees, and therefore are controlled by the Group. The
majority of these shares are held by the Employees Share Plan, with the
remainder held by the other share plans.
Refer to Note 25 for further information on CCA share plans.
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