BT 2009 Annual Report Download - page 151

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ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
ADDITIONAL INFORMATION INFORMATION FOR SHAREHOLDERS
149BT GROUP PLC ANNUAL REPORT & FORM 20-F
ADDITIONAL INFORMATION
Stock exchange listings
The principal listing of BT Group’s ordinary shares is on the London Stock Exchange. Trading on the London Stock Exchange is under the
symbol ‘BT’. American Depositary Shares (ADSs), each representing ten ordinary shares, have been issued by JPMorgan Chase Bank, as
Depositary for the American Depositary Receipts (ADRs) evidencing the ADSs, and are listed on the New York Stock Exchange. ADSs also
trade, but are not listed, on the London Stock Exchange. Trading on the New York Stock Exchange is under the symbol ‘BT’.
Share and ADS prices
pence per US$ per
ordinary share ADS
High Low High Low
pence pence US$ US$
Financial years ended 31 March
2005 216.25 169.25 40.93 30.34
2006 235.00 196.50 41.71 35.34
2007 321.75 209.25 62.96 37.08
2008 336.75 205.50 68.55 40.86
2009 235.50 71.40 46.20 9.80
Financial year ended 31 March 2008
1 April – 30 June 2007 333.00 306.25 66.58 60.58
1 July – 30 September 2007 336.75 295.00 68.55 59.92
1 October – 31 December 2007 327.75 272.75 68.09 53.92
1 January – 31 March 2008 280.25 205.50 54.55 40.46
Financial year ended 31 March 2009
1 April – 30 June 2008 235.50 198.40 46.20 39.47
1 July – 30 September 2008 217.50 158.90 42.60 27.67
1 October – 31 December 2008 167.60 110.00 29.11 16.98
1 January – 31 March 2009 143.30 71.40 21.31 9.80
Months
November 2008 115.10 135.20 21.01 16.98
December 2008 143.50 131.50 22.21 19.19
January 2009 143.30 104.90 21.31 14.98
February 2009 108.60 86.00 16.11 12.22
March 2009 87.00 71.40 12.20 9.80
April 2009 94.00 79.70 13.73 11.64
1 May – 8 May 2009 96.60 92.00 14.67 13.67
The prices are the highest and lowest closing middle market prices for BT ordinary shares, as derived from the Daily Official List of
the London Stock Exchange and the highest and lowest closing sales prices of ADSs, as reported on the New York Stock Exchange
composite tape.
Fluctuations in the exchange rate between the pound Sterling and the US dollar affect the dollar equivalent of the pound Sterling price
of the company’s ordinary shares on the London Stock Exchange and, as a result, are likely to affect the market price of the ADSs on the
New York Stock Exchange.
Capital gains tax
The rights issue in June 2001 and the demerger of O2in November 2001 adjusted the value, for capital gains tax (CGT) purposes, of BT
shares.
Rights issue
An explanatory note on the effects of the rights issue on the CGT position relating to BT shareholdings is available from the Shareholder
Helpline (see page 159).
Demerger of O2– CGT calculation
The confirmed official opening prices for BT Group and O2shares on 19 November 2001 following the demerger were 285.75p and
82.75p, respectively. This means that, of the total (combined) value of 368.50p, 77.544% is attributable to BT Group and 22.456% to O2.
Accordingly, for CGT calculations, the base cost of BT Group shares and O2shares is calculated by multiplying the acquisition cost of a BT
shareholding by 77.544% and 22.456%, respectively.