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70 BT Group plc Annual Report & Form 20-F
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 2008 and
1 April 2007, or date of appointment if later, are shown below:
No. of shares
Beneficial holdings 2008 2007
.............................................................................................................................................................................................................................
Sir Michael Rakea,c 19,284 –
B Verwaayena1,389,448 1,238,827
F Barraulta,d 417,859b107b
H Lalania80,640b36,358b
I Livingstona528,459b349,901b
M Alahuhta 20,000 20,000
M van den Bergh 13,621 13,621
C Brendish 30,920 30,920
J E Danielse––
P Hewittf––
P Hodkinson 9,261 4,622
D Latheng2,250 –
C G Symon 15,069 15,069
Total 2,526,811 1,709,425
aAt 31 March 2008, Sir Michael Rake and each of the executive directors, as potential beneficiaries, had a non-beneficial interest in 10,131,478 shares (2007:20,797,054) 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 31,898 shares (2007:30,378) held in trust by Halifax Corporate
Trustees Limited for participants in the BT Group Employee Share Investment Plan.
bIncludes free shares awarded under the BT Group Employee Share Investment Plan and Allshare International.
cSir Michael Rake was appointed as a director on 26 September 2007.
dFranc¸ois Barrault was appointed as a director on 24 April 2007.
eEric Daniels was appointed as a director on 1 April 2008.
fPatricia Hewitt was appointed as a director on 24 March 2008.
gDeborah Lathen was appointed as a director on 1 February 2007.
During the period from 1 April 2008 to 14 May 2008, there were no movements in directors’ beneficial holdings.
The directors, as a group, beneficially own less than 1% of the
company’s shares.
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.
1 Apr
2003
31 Mar
2004
31 Mar
2005
31 Mar
2006
31 Mar
2007
31 Mar
2008
70
90
110
130
150
170
190
210
230
250
BT FTSE 100
BT’s total shareholder return (TSR) performance
over the five financial years to 31 March 2008
1 April 2003 = 100
Source: Datastream
Report of the Directors Corporate governance