BT 2001 Annual Report Download - page 145

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Total shareholder return
Total Shareholder Return (TSR) is the measure of the returns that a company has provided for its shareholders and is, therefore, a
good indicator of a company’s overall performance. The TSR indices on the above graph are the product of share price movement,
plus gross dividends reinvested in the shares to July 1997 and net dividends after that date.
Analysis of shareholdings
Ordinary shares
of 25p each
Size of shareholding
at 31 March 2001
Number of
shareholders
Percentage
of total
Number of
shares held
(millions)
Percentage
of total
1 – 399 800,412 44.7 167 2.6
400 – 799 518,649 29.0 280 4.3
800 – 1,599 315,693 17.6 344 5.2
1,600 – 9,999 150,005 8.4 404 6.2
10,000 – 99,999 4,022 0.2 97 1.5
100,000 – 999,999 1,296 0.1 459 6.9
1,000,000 – 4,999,999 380 – 837 12.7
5,000,000 and above (a),(b),(c) 187 – 3,991 60.6
Total 1,790,644 100.0 6,579 100.0(d)
(a) 19 million shares were held in trust by Ilford Trustees (Jersey) Limited for allocation to employees under the employee share schemes.
(b) Under the BT Employee Share Ownership Scheme, 21 million shares were held in trust on behalf of 121,210 participants who were beneficially entitled to the
shares. 60 million shares were held in the BT EasyShare corporate nominee service on behalf of 106,049 beneficial owners.
(c) Approximately 109 million shares were represented by ADSs and a further 9 million shares were held by a nominee of the Tokyo Stock Exchange on behalf of
investors. Analysis by size of holding is not available for these holdings.
(d) 17.5% of the shares were in 1,730,672 individual holdings, of which 153,056 were joint holdings, and 82.5% of the shares were in 59,972 institutional
holdings.
So far as the company is aware, no person is the bene¢cial owner of more than 5% of the company’s ordinary shares, nor is the
company directly or indirectly owned or controlled by another corporation or by HM Government or any other foreign
government or by any other natural or legal person severally or jointly. There are no arrangements known to the company the
operation of which may at a subsequent date result in a change in control of the company.
At 17 May 2001, there were 6,585,266,841 ordinary shares outstanding. At the same date, approximately 11 million ADSs
(equivalent to 110 million ordinary shares, or approximately 1.7% of the total number of ordinary shares outstanding on that
date) were outstanding and were held by 3,012 record holders of ADRs.
BT Annual report and Form 20-F 145