BT 1999 Annual Report Download - page 111

Download and view the complete annual report

Please find page 111 of the 1999 BT annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 122

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122

110
ADDITIONAL INFORMATION FOR SHAREHOLDERS
Relative TSR performance over the five financial years to 31 March 1999
450
400
350
300
250
200
150
100
50
1995 1996 1997 1998 1999
Total Shareholder Return (TSR) is the measure of the returns that a company has provided for its shareholders, and is therefore a
good indicator of a company’s overall performance. The TSR indices on the above graph are the product of share price movement
plus gross dividends reinvested in the shares to July 1997 and net dividends thereafter.
Ordinary shares
Analysis of shareholdings of 25p each
Size of shareholding Number of
Number of Percentage shares held Percentage
AT 31 MARCH 1999 shareholders of total (millions) of total
00000000001!!!0111!!!0111!!!0111!!!0111
1 – 399 859,404 45.1 183 2.8
400 – 799 550,734 29.0 298 4.6
800 – 1,599 332,355 17.5 363 5.6
1,600 – 9,999 154,331 8.1 412 6.4
10,000 – 99,999 3,589 0.2 89 1.4
100,000 – 999,999 1,291 0.1 452 7.0
1,000,000 – 4,999,999 393 833 12.9
5,000,000 and above (a)(b)(c) 175 – 3,839 59.3
00000000001!!!0111!!!0111!!!0111!!!0111
Total 1,902,272 100.0 6,469 100.0(d)
00000000001!!!0111!!!0111!!!0111!!!0111
(a) Under the BT Executive Share Plan, the BT Performance Share Plan and the BT Deferred Bonus Plan 6.9 million shares were
held in trust in respect of contingent awards of shares which have been granted to 905 participants.
(b) Under the BT Employee Share Ownership Scheme 32 million shares were held in trust on behalf of 126,851 participants
who were beneficially entitled to the shares.
(c) Approximately 93 million shares were represented by ADSs and a further 11 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) 18.9% of the shares were in 1,857,208 individual holdings, of which 165,266 were joint holdings, and 81.1% of the
shares were in 45,064 institutional holdings.
So far as the company is aware, no person is the beneficial owner of more than 10% of the company’s ordinary shares, nor is the
company directly or indirectly owned or controlled by another corporation or by HM Government or any other foreign government.
There are no arrangements known to the company the operation of which may at a subsequent date result in a change in control
of the company.
At 18 May 1999, there were 6,470,161,894 ordinary shares outstanding. At the same date, approximately 9.2 million ADSs
(equivalent to 92 million ordinary shares, or approximately 1.4% of the total number of ordinary shares outstanding on that date)
were outstanding and were held by 2,172 record holders of ADRs.
BT
FT-SE 100
1 April 1994 = 100
Source: Datastream