Cincinnati Bell 2004 Annual Report Download - page 18

Download and view the complete annual report

Please find page 18 of the 2004 Cincinnati Bell 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 200

  • 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
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200

to assist us in the distribution of proxy materials and the solicitation of votes. We will pay Georgeson
Shareholder Communications Inc. a fee of $10,000 plus expenses for these services. We will also reimburse
brokerage houses and other nominees for their reasonable out-of-pocket expenses for forwarding proxy and
solicitation materials to shareholders.
Q: What percentage of the Company’s issued and outstanding voting shares do our directors and
executive officers own?
A: Our directors and executive officers owned approximately 2.37% of our voting shares as of the Record Date.
Q: Do any of our shareholders hold more than 5% of the issued and outstanding shares of any class of
the Company’s voting stock?
A: As of December 31, 2004, each of the following entities indicated that they held more than 5% of the
issued and outstanding common shares of the Company: Legg Mason Funds Management, Inc. and its
affiliates, Brandes Investment Partners, L.P. and its affiliates, Barclays Global Investors, NA and its affiliates,
Shapiro Capital Management Company, Inc., Gabelli Asset Management Company and its affiliates and
Citadel Limited Partnership and its affiliates. As of December 31, 2004, Gabelli Asset Management Company
and its affiliates held more than 5% of the issued and outstanding 6
3
4
% Cumulative Convertible Preferred
Shares. See page 28 for more details on number of shares owned and percentage ownership as of the Record
Date or an earlier date, if indicated.
Q: What is householding?
A: Householding is a process that allows the Company to reduce costs and increase efficiencies by mailing
only one copy of Company communications, such as this Proxy Statement, to multiple shareholders who
reside at the same household mailing address. If you and other shareholders at the same household mailing
address are currently receiving only one copy of Company communications at your mailing address but would
like to receive separate copies, please see the instructions on page 41. If you and other shareholders at the
same mailing address are currently receiving multiple copies of Company communications but would like to
participate in our householding program, please see the instructions on page 41.
6