BT 2015 Annual Report Download - page 137

135
Overview
The Strategic Report
Purpose and strategy Delivering our strategy 0ur lines of business Group performance Governance
Financial statements Additional information
ubstantial shareholdins
t  a 01  had received notice under the inancial onduct
uthorits isclosure  ransparenc ules in respect of the followin
holdin of shares
Date hares
 of total
votin rihts
nvesco iited 9 a 01 99 .9
t 1 arch 01 nvescos interest had decreased to 
shares representin .1 of total votin rihts. o reuireent to
notif the copan of an increase or decrease would have arisen unless
the holdin oved up or down throuh a whole nuber percentae
level. he percentae level a decrease on the transfer of treasur
shares for an of the copans share plans.
n addition to the above lacoc nc holds 0 shares
representin .1 of total votin rihts and eal  eneral holds
90 shares representin . of total votin rihts.
o chanes in these holdins were notified to  in 011.
Annual General Meeting
Resolutions
e will as our shareholders to vote on the nnual eport at the 
and to vote separatel on the Report on Directors’ Remuneration.
s part of our polic to involve shareholders full in the aairs of the
copan we ive the the opportunit at the  to as uestions
about s activities. e also ive shareholders the opportunit to vote
on ever substantiall dierent issue b proposin a separate resolution
for each issue. efore the  we will count the pro votes for and
aainst each resolution as well as votes withheld and we will ae
the results available at the eetin. s at the 01  we will tae
votes on all atters at the 01  on a poll ecept procedural
issues. e will count ever vote cast whether in person or b pro at
the eetin. e will post the outcoe of votin on the resolutions on
our website as soon as possible after the eetin. t is our polic for all
directors to attend the  if at all possible. hile because of ill health
or other pressin reasons this a not alwas be possible in noral
circustances this eans that the chairs of the
udit  is oinatin
 overnance and euneration oittees
are at the  and are
available to answer relevant uestions. ll the directors attended the
01  ecept arren ast who advised us before oinin  that he
would be unable to attend because of a prior coitent abroad.
Shareholders and
Annual General Meeting
Relations with shareholders
he hief ecutive and roup inance irector as well as other
senior eecutives hold eetins with s institutional shareholders
and prospective shareholders to discuss s strate and financial
perforance. he hairan also et with aor shareholders durin
theear. ll non-eecutive directors have an invitation to attend investor
eetins if the wish.
e coissioned an investor perception stud which covered 
institutional investors based in the UK and overseas. his hihlihted
broad support for and understandin of our strate with investors
positive on our trac record particularl on cost transforation.
herewere no concerns around s corporate overnance or oard
atters with the copan hihl rearded for its counications
withthe investent counit and access to anaeent.
urin the course of the ear on all as chair of the
Remuneration
oittee
 et with the nvestent anaeent ssociation to
discuss in particular reuneration issues.
e control contact with institutional investors and with financial
analsts broers and the edia throuh written uidelines to ensure
the protection of coercial and inside inforation that has not alread
been ade enerall available to the aret.
urin the ear we surveed 10000 private shareholders selected at
rando to help us iprove our enaeent with the. n response to
the surves findins we have siplified the steps shareholders tae
when settin up direct dividend paent. e have continued to include
ore inforation on s financial perforance strate and future
plans in our shareholder counications.
e provide the directors with reular reports and other written
briefins on shareholders and analsts views and the opan
ecretar notifies directors of chanes in the holdins of the principal
shareholders. e have procedures to ensure the tiel release of inside
inforation and for the publication of financial results and reulator
financial stateents. he isclosure oittee a coittee of senior
eecutives which is chaired b the opan ecretar also reviews all
sinificant announceents for accurac and copliance reuireents.