|Additional information for shareholders|
|Analysis of shareholdings|| Ordinary shares|
of 25p each
|Size of shareholding AT 31 MARCH 1996||Number of shareholders||Percentage of total||Number of shares held (millions)||Percentage of total|
|1 - 399||1,056,995||44.4||231||3.7|
|400 - 799||715,891||30.0||382||6.1|
|800 - 1,599||428,028||17.9||463||7.4|
|1,600 - 9,999||178,797||7.5||454||7.2|
|10,000 - 99,999||3,552||0.1||94||1.5|
|100,000 - 999,999||1,504||0.1||531||8.4|
|1,000,000 - 4,999,999 (a)||468||1,007||16.0|
|5,000,000 and above (b)(c)||161||3,129||49.7|
(a) Under the BT Long Term Remuneration Plan and the BT Performance Share Plan 3.3 million shares were held in trust in
respect of contingent awards of shares which have been granted to 675 participants in the two plans.
(b) Under the BT Employee Share Ownership Scheme 39 million shares were held in trust on behalf of 196,449 participants who were beneficially entitled to the shares.
(c) Approximately 124 million shares were represented by American Depositary Receipts and a further 15 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) 23.4% of the shares were in 2,302,881 individual holdings, of which 206,660 were joint holdings, and 76.1% of the shares were in 82,514 institutional holdings. HM Government retains a residual holding of 0.5% of the shares, to meet the requirements of the share bonus arrangements made under the offer for sale of July 1993.
It is expected that transactions will be settled in CREST, the new system for the electronic settlement of shares in the UK, when BT shares are bought or sold on the London Stock Exchange from 9 December 1996.
BT shares are traded on the New York Stock Exchange in the form of American Depositary Shares (ADSs). Each ADS represents ten ordinary shares. Trading on the New York Stock Exchange is under the symbol ‘‘BTY’’.
In Japan, BT shares are traded on the Tokyo Stock Exchange under the code ‘‘9484’’.
|1997 interim dividend payable||February 1997|
|1997 final dividend payable||September 1997|
|Personal equity plans|
Halifax Investment Services, regulated by IMRO, offers both a BT single company and a corporate PEP. For information, please contact Halifax Investment Services Limited, Trinity Road, Halifax HX1 2RG, or call Freefone 0800 371 769.
|1st quarter||25 July 1996|
|2nd quarter and half year||14 November 1996|
|3rd quarter and nine months||February 1997|
|4th quarter and full year||May 1997|
|1997 annual report and accounts published||June 1997|
The company will file an annual report on Form 20-F with the Securities and Exchange Commission in the USA, by 30 September 1996.
Regulatory financial statements
Copies of the Form 20-F, the Financial Statements for the Business and Activities, the Current Cost Financial Statements and details of quarterly results announcements, when available, may be obtained on request from the BT Shareholder Helpline provided by the company’s Registrar.
Lloyds Bank Registrars (450)
Worthing, West Sussex
BN99 6DA, England
|BT Shareholder Helpline
Tel Lo-call 0345 414141
Fax (01903) 833062
Tel +44 1903 833950
Fax +44 1903 833062
|When you use one of BT’s Lo-call 0345 numbers from anywhere in the UK, you pay only the price of a local call. Different rates apply to calls from non-BT networks.|
|BT North America Inc.,
40 East 52nd Street
New York, NY 10022,
Tel 1 800 331 4568
(toll free within USA and Canada)
or +1 212 418 7787
(from outside USA and Canada)
Fax +1 212 418 7788
| ADR Depositary|
Morgan Guaranty Trust Company of New York
ADR Service Center
2 Heritage Drive
North Quincy, MA02171
Tel 1 800 634 8366 (toll free)
or (617) 575 4328
|BT (Japan) KK
Ark Mori Building
PO Box 554
12-32 Akasaka 1-Chome
Minato-Ku, Tokyo 107
Tel (03) 5562 6000
|Share Handling Agent in Japan
The Toyo Trust & Banking Co. Ltd.
10-11 Higashisuna 7-Chome
Koto-Ku, Tokyo 137-81
(Corporate Agency Department)
Tel (03) 5683 5111
6-3 Fushimi-machi 3-Chome
Chuo-Ku, Osaka 541
(Corporate Agency Department)
Tel (06) 222 3111
Lloyds Bank Registrars maintain BT’s share register and the separate BT Employee Share Ownership Scheme register. They also provide a BT Shareholder Helpline service.
Shareholders should contact the Registrar (details above) if they have any enquiries about their shareholding.
British Telecommunications plc
81 Newgate Street
London EC1A 7AJ
Tel (0171) 356 5000
Fax (0171) 356 5520
Tel +44 171 356 5000
Fax +44 171 356 5520