BT 1997 Annual Report Download - page 69

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69
Additional information for shareholders
Ordinary shares
of 25p each
Analysis of shareholdings Number of
Number of Percentage shares held Percentage
Size of shareholding AT 31 MARCH 1997 shareholders of total (millions) of total
1 – 399 999,480 44.8 220 3.5
400 – 799 650,578 29.1 351 5.5
800 – 1,599 396,146 17.8 433 6.8
1,600 – 9,999 178,972 8.0 469 7.4
10,000 – 99,999 3,833 0.2 98 1.5
100,000 – 999,999 1,661 0.1 576 9.1
1,000,000 – 4,999,999 537 0.0 1,129 17.8
5,000,000 and above (a)(b)(c) 174 0.0 3,079 48.4
Total 2,231,381(d) 100.0 6,355 100.0(d)
(a) Under the BT Long Term Remuneration Plan and the BT Performance Share Plan 6.2 million shares were held in trust in
respect of contingent awards of shares which have been granted to 755 participants in the two plans.
(b) Under the BT Employee Share Ownership Scheme 23.2 million shares were held in trust on behalf of 145,967 participants
who were beneficially entitled to the shares.
(c) Approximately 114 million shares were represented by American Depositary Receipts and a further 15 million shares were
held by a nominee of the Tokyo Stock Exchange on behalf of investors. Analysis by size of holding is not available for these
holdings.
(d) 22.5% of the shares were in 2,171,510 individual holdings, of which 192,813 were joint holdings, and 77.5% of the
shares were in 59,872 institutional holdings.
Listings
BT has a listing on the Stock Exchanges in London, New York and Tokyo.
BT shares are traded on the New York Stock Exchange in the form of American Depositary Shares (ADSs). Each ADS
represents ten ordinary shares. Trading on the New York Stock Exchange is under the symbol ‘‘BTY’’.
In Japan, BT shares are traded on the Tokyo Stock Exchange under the code ‘‘9484’’.
CREST: London Stock Exchange settlement system
The company’s ordinary shares began settling in CREST, the new computerised system for settling sales and purchases
of shares, on 17 March 1997. CREST is a voluntary system which enables shareholders, if they wish, to hold and transfer
their shareholdings electronically rather than by paper. Shareholders who wish to retain their certificates are able to do so.