BT 2015 Annual Report Download - page 118

116 BT Group plc
Annual Report 2015
Directors’ share ownership
he coittee believes that the interests of the eecutive directors
should be closel alined with those of shareholders. he deferred shares
and incentive shares provide considerable alinent.
o increase the alinent between shareholders and eecutive directors
the hief ecutive is reuired to build up a shareholdin eual to 00
of salar and the roup inance irector 10 of salar. he ai of this
personal shareholdin polic is to encourae the build up of a eaninful
shareholdin in the copan over tie b retainin shares which the
have received under an eecutive share plan other than shares sold to
eet a ational nsurance contribution or incoe ta liabilit or fro
purchases in the aret.
he value of the  shares to be used in deterinin whether the
iniu shareholdin reuireent has been reached is the averae 
share price over the precedin 1 onths or if hiher the share price at
the acuisition date.
t 1 arch 01 both of the eecutive directors had et the
shareholdin reuireents as set out in the table below
ecutive irector
ersonal shareholdin as
a percentage of salary
avin atterson 
on hanua 
he followin table shows the total unvested interests held b the
eecutive directors in the  and eferred onus lan . he
nubers represent the aiu possible vestin levels. he  awards
will onl vest to the etent the perforance conditions are et over
a three-ear period. ull details of all  and  awards includin
perforance periods and vestin conditions are set out on paes
11to11.
Unvested interests in shares audited
 subect to perforance  not subect to perforance
1 pril 01 1 arch 01 1 pril 01 1 arch 01
avin atterson 19909 0 1 1
on hanua 110 111  19
he followin table shows share options held b the directors. s at
1 arch 01 none of the directors held share options with
perforance conditions.
hare options held without perforance conditions 
saveshare audited
1 April
01
warded
during
year
ercised
during
year
alue at
date of
eercise
1 arch
2015
ir ichael ae 11
 1   1
avin atterson  
on hanua 00
501 501
o saveshare options were eercised b the directors durin the ear.
here were no vested but uneercised awards at the ear end.
irectors interests at 1 arch 01 or date of
retireent if earlier audited
he beneficial interests of directors holdin oce at the end of the
ear and their failies in the copans shares at 1 arch 01 and
1 pril 01 or at date of appointent if later are shown below
 uber of shares
eneficial holdins 2015 01
ir ichael ae 10 101
G Pattersona1011 19
 hanuaa 9
T Ball 19 1
 onnb 
 ast 0 0
 odinson  
 udsonc19 
 ose 0000 0000
K ichardsond0 0
 hitbread 990 90
Total 90 11
a Includes shares purchased under directshare and free shares awarded under UK allshare. Directshare
LVD+05&DSSURYHGSODQWKDWDOORZV%7HPSOR\HHVWREX\VKDUHVRXWRIJURVVSD\3ULRUWR%7
DZDUGHGIUHHVKDUHVWR8.HPSOR\HHV8.DOOVKDUH
b,DLQ&RQQMRLQHGWKH%RDUGRQ-XQH
c,VDEHO+XGVRQMRLQHGWKH%RDUGRQ1RYHPEHU
d6KDUHVDUHKHOGDV$PHULFDQ'HSRVLWDU\6KDUHV$'62QH$'6HTXDWHVWR%7*URXSSOF
ordinary shares.
urin the period fro 1 pril 01 to  a 01 there were no
oveents in directors beneficial holdins.
he directors as a roup beneficiall own less than 1 of the copans
shares.
he copan encouraes the hairan and non-eecutive directors
to purchase on a voluntar basis  shares with an areate value
of 000 on averae each ear to further alin the interests of
non-eecutive directors with those of our shareholders. he directors are
ased to hold these shares until the retire fro the oard. his polic is
not andator.