BT 2011 Annual Report Download - page 166

163BT GROUP PLC ANNUAL REPORT & FORM 20-F 2011
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION INFORMATION FOR SHAREHOLDERS
Stock exchange listings
The principal listing of BT Group’s ordinary shares is on the London Stock Exchange. Trading on the London Stock Exchange is under the
symbol ‘BT.A’. American Depositary Shares (ADSs), each representing 10 ordinary shares, have been issued by JPMorgan Chase Bank, as
Depositary for the American Depositary Receipts (ADRs) evidencing the ADSs, and are listed on the New York Stock Exchange. ADSs also
trade, but are not listed, on the London Stock Exchange. Trading on the New York Stock Exchange is under the symbol ‘BT’.
Share and ADS prices
Pence per US$ per
ordinary share ADS
High Low High Low
pence pence US$ US$
Financial years ended 31 March
2007 321.75 209.25 62.96 37.08
2008 336.75 205.50 68.55 40.46
2009 235.50 71.40 46.20 9.80
2010 149.60 79.70 25.14 11.64
2011 191.10 109.9 31.31 16.19
Financial year ended 31 March 2010
1 April – 30 June 2009 105.60 79.70 17.27 11.64
1 July – 30 September 2009 141.45 100.35 22.95 16.22
1 October – 31 December 2009 149.60 128.50 25.14 20.47
1 January – 31 March 2010 146.90 113.50 24.00 17.00
Financial year ended 31 March 2011
1 April – 30 June 2010 140.60 109.90 20.85 16.19
1 July – 30 September 2010 146.40 126.30 23.35 19.19
1 October – 31 December 2010 187.80 142.80 29.13 22.61
1 January – 31 March 2011 191.10 172.90 31.31 27.87
Months
November 2010 174.20 155.70 27.55 24.86
December 2010 187.80 169.50 29.13 26.66
January 2011 190.80 172.90 29.83 27.87
February 2011 187.70 176.00 30.36 28.53
March 2011 191.10 175.50 31.31 28.08
April 2011 195.80 188.20 33.06 30.60
1 May – 6 May 2011 196.70 194.30 32.86 31.92
The prices are the highest and lowest closing middle market prices for BT ordinary shares, as derived from the Daily Official List of the London
Stock Exchange and the highest and lowest closing sales prices of ADSs, as reported on the New York Stock Exchange composite tape.
Fluctuations in the exchange rate between Sterling and the US Dollar affect the US Dollar equivalent of the Sterling price of the company’s
ordinary shares on the London Stock Exchange and, as a result, are likely to affect the market price of the ADSs on the New York Stock
Exchange.
Background
BT Group plc is a public limited company registered in England and Wales and listed on the London and New York stock exchanges. It was
incorporated in England and Wales on 30 March 2001 as Newgate Telecommunications Limited with the registered number 4190816. Its
registered office address is 81 Newgate Street, London EC1A 7AJ. The company changed its name to BT Group plc on 11 September 2001.
Following the demerger of O2 in November 2001, the continuing activities of BT were transferred to BT Group plc.
British Telecommunications plc is a wholly owned subsidiary of BT Group plc and encompasses virtually all the businesses and assets of the
BT group. The successor to the statutory corporation British Telecommunications, it was incorporated in England and Wales as a public
limited company, wholly owned by the UK Government, as a result of the Telecommunications Act 1984. Between November 1984 and July
1993, the UK Government sold all of its shareholding in British Telecommunications plc in three public offerings.
Capital gains tax
The rights issue in June 2001 and the demerger of O2 in November 2001 adjusted the value, for capital gains tax (CGT) purposes, of BT
shares.
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 173).
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