BT 2009 Annual Report Download - page 65

ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
REPORT OF THE DIRECTORS
63BT GROUP PLC ANNUAL REPORT & FORM 20-F
REPORT OF THE DIRECTORS REPORT ON DIRECTORS’ REMUNERATION
Performance graph
This graph illustrates, as required by the Companies Act 1985, the
performance of BT Group plc measured by TSR 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.
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 2009 and
1 April 2008, or date of appointment if later, are shown below:
No. of shares
Beneficial holdings: 2009 2008
Sir Michael Rakea,d 102,056 19,284
I Livingstona,d 759,108 528,459
T Chanmugama,b,d 49,249 49,249
H Lalania,d 191,017 80,640
G Pattersona,c,d 252,769 233,408
M Alahuhta 20,000 20,000
M van den Bergh 13,621 13,621
C Brendish 36,920 30,920
J E Danielse12,647 –
P Hewittf6,534 –
P Hodkinson 9,261 9,261
D Lathen 2,250 2,250
C G Symon 20,056 15,069
Total 1,475,488 1,002,161
aAt 31 March 2009, Sir Michael Rake and each of the executive directors, as potential beneficiaries, had a non-beneficial interest in 9,342,130 shares (2008: 10,131,478) held in trust by Ilford Trustees
(Jersey) Limited for allocation to employees under the employee share plans. They each also had a non-beneficial interest in 76,891 shares (2008: 31,898) held in trust by Halifax Corporate Trustees Limited
for participants in the BT Group Employee Share Investment Plan.
bTony Chanmugam was appointed as a director on 1 December 2008.
cGavin Patterson was appointed as a director on 1 June 2008.
dIncludes shares awarded under the BT Group Employee Share Investment Plan.
eEric Daniels was appointed as a director on 1 April 2008.
fPatricia Hewitt was appointed as a director on 24 March 2008.
During the period from 1 April 2009 to 8 May 2009, there were no movements in directors’ beneficial holdings.
The directors, as a group, beneficially own less than 1% of the company’s shares.
31 Mar
2004
31 Mar
2005
31 Mar
2006
31 Mar
2007
31 Mar
2008
31 Mar
2009
BT FTSE 100
BT’s total shareholder return (TSR) performance
over the five financial years to 31 March 2009
31 March 2004 = 100
Source: Datastream
40
60
80
100
120
140
160
180
200
220
240