BT 2010 Annual Report Download - page 160

ADDITIONAL INFORMATION INFORMATION FOR SHAREHOLDERS
158 BT GROUP PLC ANNUAL REPORT & FORM 20-F
Rights issue
An explanatory note on the effects of the rights issue on the CGT position relating to BT shareholdings is available from the Shareholder
Helpline (see page 167).
Demerger of O2– CGT calculation
The confirmed official opening prices for BT Group and O2shares on 19 November 2001 following the demerger were 285.75p and
82.75p, respectively. This means that, of the total (combined) value of 368.50p, 77.544% is attributable to BT Group and 22.456% to O2.
Accordingly, for CGT calculations, the base cost of BT Group shares and O2shares is calculated by multiplying the acquisition cost of a BT
shareholding by 77.544% and 22.456%, respectively.
Analysis of shareholdings at 31 March 2010 Ordinary shares
of 5p each
Number of Percentage No. of Percentage
holdings of total shares held of total
Range (%) millions (%)
1 – 399 438,089 38.54 92 1.13
400 – 799 312,685 27.49 175 2.15
800 – 1,599 223,916 19.70 250 3.07
1,600 – 9,999 155,753 13.70 463 5.68
10,000 – 99,999 5,367 0.47 97 1.19
100,000 – 999,999 602 0.05 219 2.69
1,000,000 – 4,999,999 287 0.03 646 7.92
5,000,000 and abovea,b,c,d 190 0.02 6,209 76.17
Totale1,136,889 100.00 8,151 100.00
a9m shares were held in trust by Ilford Trustees (Jersey) Limited for allocation to employees under the employee share plans.
bUnder the BT Group Employee Share Investment Plan, 79.2m shares were held in trust on behalf of 68,444 participants who were beneficially entitled to the shares. 236m shares were held in the corporate
nominee BT Group EasyShare on behalf of 105,102 beneficial owners.
c134m shares were represented by ADSs. An analysis by size of holding is not available for this holding.
d398m shares were held as treasury shares.
e12.43% of the shares were in 1,120,540 individual holdings, of which 95,883 were joint holdings, and 87.57% of the shares were in 16,349 institutional holdings.
As far as the company is aware, the company is not directly or indirectly owned or controlled by another corporation or by the UK
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.
The company’s major shareholders do not have different voting rights to those of other shareholders.
At 7 May 2010, there were 8,151,227,029 ordinary shares outstanding, including 397,312,949 shares held as treasury shares. At the
same date, approximately 12.8m ADSs (equivalent to 128m ordinary shares, or approximately 1.6% of the total number of ordinary shares
outstanding on that date) were outstanding and were held by 2,208 record holders of ADRs.
At 31 March 2010, there were 3,668 shareholders with a US address on the register of shareholders who in total hold 0.03% of the
ordinary shares of the company.
Dividends
A final dividend in respect of the year ended 31 March 2009 was paid on 7 September 2009 to shareholders on the register on 14 August
2009, and an interim dividend in respect of the year ended 31 March 2010 was paid on 8 February 2010 to shareholders on the register
on 29 December 2009. The final proposed dividend in respect of the year ended 31 March 2010, if approved by shareholders, will be paid
on 6 September 2010 to shareholders on the register on 13 August 2010.
The dividends paid or payable on BT shares and ADSs for the last five financial years are shown in the following table. The dividends on
the ordinary shares exclude the associated tax credit. The amounts shown are not those that were actually paid to holders of ADSs. For the
tax treatment of dividends paid, see Taxation of dividends on page 164. Dividends have been translated from Sterling into US Dollars using
exchange rates prevailing on the date the ordinary dividends were paid.
per ordinary share per ADS per ADS
Interim Final Total Interim Final Total Interim Final Total
Financial years ended 31 March pence pence pence £ £ £ US$ US$ US$
2006 4.30 7.60 11.90 0.430 0.760 1.190 0.747 1.415 2.162
2007 5.10 10.00 15.10 0.510 1.000 1.510 0.991 1.972 2.963
2008 5.40 10.40 15.80 0.540 1.040 1.580 1.030 1.833 2.863
2009 5.40 1.10 6.50 0.540 0.110 0.650 0.765 0.161 0.926
2010 2.30 4.60 6.90 0.230 0.460 0.690 0.339 –a–a
aQualifying holders of ADSs on record as of 13 August 2010 are entitled to receive the final dividend which will be paid to ADS holders on 14 September 2010, subject to approval at the AGM. The US Dollar
amount of the final dividend of 46.0 pence per ADS to be paid to holders of ADSs will be based on the exchange rate in effect on 6 September 2010, the date of payment to holders of ordinary shares.