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Information for shareholders
Notice of meeting
The Notice of meeting sent to shareholders with this Annual Review
includes:
- details of the 1993 annual general
meeting;
- information about obtaining the Directors'
Report and Financial Statements for this year and future years.
That Report, together with this Annual Review, comprises the full
annual Report and Accounts of British Telecommunications plc;
and
- key dates for shareholders.
Dividend
The proposed 1993 final dividend of 9.45 pence per share will be
paid on 30 September to shareholders who are on the register on
1 September 1993.
Tax on dividends
The March 1993 Budget affected the way in which dividend tax credits
are treated for UK taxpayers as follows:
- For basic rate (25 per cent) taxpayers,
the changes should have no effect.
- Lower rate (20 per cent) taxpayers
will no longer be able to claim any part of the tax credit attached
to their dividends paid after 5 April 1993.
- Higher rate (40 per cent) taxpayers
will be liable to the Inland Revenue for a further 20 per cent
(previously 15 per cent) tax on the total of the dividend paid
and the tax credit from 6 April 1993.
- Non taxpayers will still be able to
claim the tax credit attached to their dividend.
Personal equity plan (PEP)
The Halifax Building Society, through its subsidiary Halifax Investment
Services Limited*, offers a Single Company Personal Equity Plan
for BT's UK shareholders. If you would like to obtain further details
about the plan (including the charges), please contact:
Halifax Investment Services Limited,
Trinity Road, Halifax,
West Yorkshire HX1 2RG
Telephone: 0422 335991
* A member of IMRO
SHAREHOLDER DIRECTORY
Registrars:
Lloyds Bank Registrars (450),
The Causeway, Worthing,
West Sussex BN99 6DA England
Telephone: 0345 414141
(+44 903 502541 from overseas)
The company's share register is held by Lloyds Bank Registrars.
They will be able to help if you have a specific enquiry about your
BT shareholding (for example, if you have lost your share certificate
or dividend cheque).
Changes in name or address must be notified to Lloyds Bank Registrars
in writing.
Shareholder Enquiry Unit:
BT Shareholder Enquiry Unit, PP A530,
BT Centre, 81 Newgate Street,
London EC1A 7AJ England
Telephone: 0345 010505
(+44 71356 4008 from overseas)
The Shareholder Enquiry Unit will be happy to answer your general
questions about BT shareholder matters.
Shareline:
Telephone: 0345
010707
(UK callers only)
Shareline
reports the 9.OOam BT share
price each weekday, together with
recorded news about the company
updated daily by 10.00am.
When you use one of BT's 0345
numbers
you pay only the price of a local call.
Share Price Line:
Telephone: 0891 222334
(UK callers only)
The Share Price Line
service provided by Clubcall Telephone Services Limited, a member
of FIMBRA, gives up to the minute buying and selling prices of BT
shares.
Calls are charged at 36p per minute cheap rate and 48p per minute
at all other times, including VAT*.
Prices correct at the time of
going to press (May 1993).
©
BT Group plc 2002
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