British Telecommunications PLC
26 June 2001
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1) Name of company
BRITISH TELECOMMUNICATIONS plc
2. Name of Directors
i. Sir Christopher Bland
ii. Sir Peter Bonfield
iii. Philip Hampton
3) Please state whether notification indicates that it is in respect of
holding of the shareholder name in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest.
Awards of shares and options under the Company Equity Incentive Portfolio and
Deferred Bonus Plan.
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)
Ilford Trustees (Jersey) Limited
5) Please state whether notification relates to a person(s) connected with
the Director named in 2 above and identify the connected person(s)
The notification relates to the Directors awards of shares and options under
the Company Equity Incentive Portfolio and Deferred Bonus Plan.
6) Please state the nature of the transaction. For PEP transactions please
indicated whether general/single co PEP and if discretionary/non discretionary
Awards of shares and options under the Company Equity Incentive Portfolio and
Deferred Bonus Plan.
7) Number of shares/amount of stock acquired
i. Sir Christopher Bland - 235,697 shares and 238,100 options under the
Company Equity Incentive Portfolio.
ii. Sir Peter Bonfield - 386,543 shares under the Company Equity Incentive
Portfolio and 113,370 shares under the Deferred Bonus Plan.
iii. Philip Hampton - 153,792 shares under the Company Equity Incentive
Portfolio and 11,784 shares under the Deferred Bonus Plan.
8) Percentage of issued class
n/a
9) Number of shares/amount of stock disposed
n/a
10) Percentage of issued class
n/a
11) Class of security
Ordinary
12) Price per share
£4.24 award purchase price.
13) Date of transaction
22 June 2001
14) Date Company informed
26 June 2001
15) Total holding following this notification
Shares are held in trust for 3 years and are only released to participants
subject to certain conditions.
16) Total percentage holding of issued class following this notification
n/a
If a director has been granted options by the company please complete the
following boxes
17) Date of grant
Sir Christopher Bland was granted options on 22 June 2001
18) Period during which or date on which exercisable
1/3 exercisable from 21 June 2002
2/3 exercisable from 21 June 2003
all exercisable from 21 June 2004 until 21 June 2011.
19) Total amount paid (if any) for grant of the option
nil
20) Description of shares or debentures involved: class, number
238,100 ordinary shares
21) Exercise price (if fixed at time of grant) or indication that price is
to be fixed at time of exercise
£4.20
23) Any additional information
24) Name of contact and telephone number for queries
Graeme Wheatley 020 7356 6372
25) Name of signature or authorised company official responsible for
making this notification
AS ABOVE - Securities Manager
Date of Notification 26 June 2001
End
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