Directors Interests
British Telecommunications PLC
29 September 2000
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Sir Iain Vallance
Sir Peter Bonfield
Robert Brace
Bill Cockburn
3 THIS NOTIFICATION IS IN RESPECT OF A HOLDING OF:
The Directors named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Ilford Trustees (Jersey) Ltd which is trustee of the
BT Employee Trust No.3 of which the Directors named
in 2 above are beneficiaries.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTORS' INTEREST
The above directors, together with all employees of BT, have
ceased to have the following technical interest under Schedule 13
of the Companies Act 1985:
- under the Top-up arrangements relating to the compensation to
option-holders for the 1997 special dividend, a technical interest
in 1,350,396 shares held in the BT Employee Trust No.3 in the
name of Ilford Trustees (Jersey) Ltd. These shares were
transferred at nil consideration to the respective 37,266
qualifying beneficial owners at a value of 807.7 pence per share.
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
N/A N/A
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
1,350,396 Not significant
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each See 6 above
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
29 September 2000 29 September 2000
15 TOTAL HOLDING (i.e. Directors' interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
No change to directors' individual interests.
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
No change since previous notification of directors' interests.
23 ANY ADDITIONAL INFORMATION
The above named directors have other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 90,722 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 5,284,679 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust;
- a technical interest, together with all employees
of BT, in 3,590,786 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.2; and
- a technical interest, together with all employees
of BT, in 9,918,201 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.4.
24 DATE THAT DIRECTOR BECAME AWARE OF THE TRANSACTION
29 September 2000
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Sir Iain Vallance
Sir Peter Bonfield
Robert Brace
Bill Cockburn
3 THIS NOTIFICATION IS IN RESPECT OF A HOLDING OF:
The Directors named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Adjustment to the number of shares acquired on the reinvestment of
dividends by Ilford Trustees (Jersey) Limited, trustee of the
BT Employee Trust, of which the Directors named in 2 above are,
along with all employees of BT, discretionary beneficiaries.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTORS' INTEREST
The above named directors have acquired the following
additional technical interests under Schedule 13 of the Companies
Act 1985:
- a technical interest, together with all employees of BT, in
369 shares held in the BT Employee Trust.
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
369 Not significant
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
Not applicable Not applicable
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each 808 pence
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
29 September 2000 29 September 2000
15 TOTAL HOLDING (i.e. Directors' interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
See following notifications of individual directors' interests.
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
No change since previous notification of directors' interests.
23 ANY ADDITIONAL INFORMATION
The above named directors have other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 90,722 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 5,284,679 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust;
- a technical interest, together with all employees
of BT, in 3,590,786 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.2; and
- a technical interest, together with all employees
of BT, in 9,918,201 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.4.
24 DATE THAT DIRECTORS BECAME AWARE OF THE TRANSACTION
29 September 2000
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Sir Peter Bonfield
3 THIS NOTIFICATION IS A HOLDING OF:
The Director named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Ilford Trustees (Jersey) Limited is trustee of the BT
Employee Trust of which the Director named in 2 above is a discretionary
beneficiary.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTOR'S INTEREST
Correction of figures previously reported on 22 September 2000
in connection with the acquisition of shares on 18 September 2000
following the reinvestment of dividends on shares in the BT Executive
Share Plan:
- Number of shares acquired (beneficial - 808p per share) - 114 shares
- Number of shares acquired (subject to contingent awards at nil
consideration) - 5,281 shares.
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
See 6 above Not significant
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
See 6 above Not applicable
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each See 6 above
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
18 September 2000 29 September 2000
15 TOTAL HOLDING (i.e. Director's interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
(a) Beneficial interest in 10,763 shares
(b) 396,316 shares subject to contingent awards under the BT
Executive Share Plan
(c) 184,191 shares subject to contingent awards under the
BT Deferred Bonus Plan
(d) 182,428 shares subject to contingent awards under the
BT Incentive Share Plan
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
6,460 - BT Employee Sharesave Scheme
23 ANY ADDITIONAL INFORMATION
The above named director has other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 90,722 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 5,285,048 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust;
- a technical interest, together with all employees
of BT, in 3,590,786 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No. 2; and
- a technical interest, together with all employees
of BT, in 9,918,201 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.4.
24 DATE THAT DIRECTOR BECAME AWARE OF THE TRANSACTION
29 September 2000
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Robert Brace
3 THIS NOTIFICATION IS A HOLDING OF:
The Director named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Ilford Trustees (Jersey) Limited is trustee of the BT
Employee Trust of which the Director named in 2 above is a discretionary
beneficiary.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTOR'S INTEREST
Correction of figures previously reported on 22 September 2000
in connection with the acquisition of shares on 18 September 2000
following the reinvestment of dividends on shares in the BT Executive
Share Plan:
- Number of shares acquired (beneficial - 808p per share) - 124 shares
- Number of shares acquired (subject to contingent awards at nil
consideration) - 3,091 shares
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
See 6 above Not significant
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
Not applicable Not applicable
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each See 6 above
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
18 September 2000 29 September 2000
15 TOTAL HOLDING (i.e. Director's interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
(a) Beneficial interest in 209,152 shares
(b) 231,974 shares subject to contingent awards under the BT
Executive Share Plan
(c) 22,936 shares subject to contingent awards under the
BT Deferred Bonus Plan
(d) 44,437 shares subject to contingent awards under the
BT Incentive Share Plan
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
5,208 - BT Employee Sharesave Scheme
78,540 - BT Share Option Scheme
23 ANY ADDITIONAL INFORMATION
The above named director has other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 90,722 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 5,285,048 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust;
- a technical interest, together with all employees
of BT, in 3,590,786 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No. 2; and
- a technical interest, together with all employees
of BT, in 9,918,201 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.4.
24 DATE THAT DIRECTOR BECAME AWARE OF THE TRANSACTION
29 September 2000
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Bill Cockburn
3 THIS NOTIFICATION IS A HOLDING OF:
The Director named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Ilford Trustees (Jersey) Limited is trustee of the BT
Employee Trust of which the Director named in 2 above is a discretionary
beneficiary.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTOR'S INTEREST
Correction of figures previously reported on 22 September 2000
in connection with the acquisition of shares on 18 September 2000
following the reinvestment of dividends on shares in the BT Executive
Share Plan:
- Number of shares acquired (subject to contingent awards at nil
consideration) - 1,311
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
See 6 above Not significant
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
Not applicable Not applicable
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each Nil consideration
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
18 September 2000 29 September 2000
15 TOTAL HOLDING (i.e. Director's interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
(a) Beneficial interest in 22,940 shares
(b) 98,449 shares subject to contingent awards under the BT
Executive Share Plan
(c) 32,851 shares subject to contingent awards under the
BT Deferred Bonus Plan
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
3,330 - BT Employee Sharesave Scheme
23 ANY ADDITIONAL INFORMATION
The above named director has other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 90,722 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 5,285,048 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust;
- a technical interest, together with all employees
of BT, in 3,590,786 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No. 2; and
- a technical interest, together with all employees
of BT, in 9,918,201 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No.4.
24 DATE THAT DIRECTOR BECAME AWARE OF THE TRANSACTION
29 September 2000