BT 2006 Annual Report Download - page 58

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Directors’ interests
The interests of directors holding office at the end of the year and their families in the company’s shares at 31 March 2006 and
1 April 2005, or date of appointment if later, are shown below:
No. of shares
Beneficial holdings 2006 2005
Sir Christopher Bland
c
674,257
b
674,183
b
B Verwaayen
c
951,497 902,001
A Green
c
152,645
b
120,002
b
H Lalani
c
14,360
ab
5,733
b
I Livingston
c
313,110
ab
313,054
b
Dr P Reynolds
c
98,050
ab
67,768
b
Sir Anthony Greener 60,007 60,007
M Alahuhta 20,000 –
d
M van den Bergh 12,040 7,540
C Brendish 30,920 23,920
P Hodkinson 4,622 –
d
L R Hughes 6,800 6,800
Baroness Jay 8,214
e
5,572
J Nelson 50,000 50,000
C G Symon 15,069 10,069
Total 2,411,591 2,246,649
aDuring the period from 1 April 2006 to 15 May 2006, Paul Reynolds and Hanif Lalani each purchased 692 shares and Ian Livingston purchased 1,394 shares under the BT Group Employee Share
Investment Plan.
bIncludes free shares awarded under the Employee Share Investment Plan.
cAt 31 March 2006, Sir Christopher Bland and each of the executive directors, as potential beneficiaries, had a non-beneficial interest in 24,809,976 shares (2005 – 27,733,138) held in trust by
Ilford Trustees (Jersey) Limited for allocation to employees under the employee share schemes. They each also had a non-beneficial interest in 50,342 shares (2005 – 139,029) held in trust by
Halifax Corporate Trustees Limited for participants in the Employee Share Investment Plan.
dMatti Alahuhta and Phil Hodkinson joined the Board on 1 February 2006.
eOn 2 May 2006, Baroness Jay inherited 261 shares.
The directors, as a group, beneficially own less than 1% of the company’s ordinary shares.
Performance graph
This graph illustrates, as required by the Companies Act 1985, the performance of BT Group plc measured by TSR (adjusted for
the rights issue and the demerger of BT’s mobile business in the financial year 2001/02) relative to a broad equity market index
over the past five years. We consider the FTSE 100 to be the most appropriate index against which to measure performance for
these purposes, as BT has been a constituent of the FTSE 100 throughout the five-year period and the index is widely used. TSR is
the measure of the returns that a company has provided for its shareholders, reflecting share price movements and assuming
reinvestment of dividends.
140
120
100
80
60
40
20
0
31 Mar
2002
31 Mar
2001
31 Mar
2003
31 Mar
2004
31 Mar
2005
31 Mar
2006
BT’s total shareholder return (TSR) performance
over the five financial years to 31 March 2006
Source: Datastream 1 April 2001 = 100
BT FTSE 100
BT Group plc Annual Report and Form 20-F 2006 Report on directors’ remuneration56