A A A Download centre Download a PDF copy of this page Customer Feedback Send this page to a friend Print

Notes to the accounts

for the year ended 31 December 2007

30. Share capital

Number
of shares
Units
Ordinary shares
£mn
Non-voting
ordinary shares
£mn
Total shares
£mn
Share premium
£mn
At 1 January 2007 293,875,873 226.0 67.9 293.9 36.4
Shares issued 3,866,560 - 3.9 3.9 24.8
Shares cancelled (3,243,590) - (3.3) (3.3) (3.1)
At 31 December 2007 294,498,843 226.0 68.5 294.5 58.1

Number of shares
Units
Ordinary shares
£mn
Non-voting
ordinary shares
£mn
Total shares
£mn
Share premium
£mn
At 1 January 2006 298,471,751 226.0 72.5 298.5 32.1
Shares issued 4,154,782 - 4.2 4.2 23.6
Shares cancelled (8,750,660) - (8.8) (8.8) (19.3)
At 31 December 2006 293,875,873 226.0 67.9 293.9 36.4

2007
Number
2006
Number
2007
£mn
2006
£mn
Authorised:
Ordinary shares of £1 each 226,022,400 226,022,400 226.0 226.0
Non-voting ordinary shares of £1 each 113,977,598 113,977,598 114.0 114.0
339,999,998 339,999,998 340.0 340.0
Allotted, called-up and fully paid:  
Ordinary shares of £1 each 226,022,400 226,022,400 226.0 226.0
Non-voting ordinary shares of £1 each 68,476,443 67,853,473 68.5 67.9
294,498,843 293,875,873 294.5 293.9

The difference between the share classes

The non-voting ordinary shares carry the same rights as ordinary shares except that they do not confer the right to attend and vote at any general meeting of the Company, and that on a capitalisation issue they carry the right to receive non-voting ordinary shares rather than ordinary shares.