RBS 2004 Annual Report Download - page 225

section
05
223
Annual Report and Accounts 2004
Shareholder information
Shareholder
information
Analyses of ordinary shareholders at 31 December 2004 %
shareholdings millions of total
Individuals 170,022 237.9 7.5
Banks and nominee companies 23,731 2,762.7 87.1
Investment trusts 145 0.8 ––
Insurance companies 339 11.6 0.4
Other companies 2,200 144.7 4.5
Pension trusts 37 9.6 0.3
Other corporate bodies 104 5.3 0.2
196,578 3,172.6 100.0
Range of shareholdings:
10,000,001–1,000 129,864 45.2 1.4
10,001,001–10,000 61,136 166.0 5.2
10,010,001–100,000 4,161 105.6 3.4
11,100,001–1,000,000 1,041 338.9 10.7
11,000,001–10,000,000 326 926.7 29.2
10,000,001 and over 50 1,590.2 50.1
196,578 3,172.6 100.0
Trading market
On 13 September 1995, 16 October 1996, 26 March 1997, 12 February 1998, 8 February 1999, 30 July 1999, 30 September 1999,
12 June 2001, 30 September 2004 and 26 August 2004 the company issued the following American Depositary Shares (“ADSs”)
in the United States:
7,000,000 Series D (“Series D ADSs”) representing 7,000,000 non-cumulative dollar preference shares, Series D;
8,000,000 Series E (“Series E ADSs”) representing 8,000,000 non-cumulative dollar preference shares, Series E;
8,000,000 Series F (“Series F ADSs”) representing 8,000,000 non-cumulative dollar preference shares, Series F;
10,000,000 Series G (“Series G ADSs”) representing 10,000,000 non-cumulative dollar preference shares, Series G;
12,000,000 Series H (“Series H ADSs”) representing 12,000,000 non-cumulative dollar preference shares, Series H;
12,000,000 Series I (“Series I ADSs”) representing 12,000,000 non-cumulative dollar preference shares, Series I;
9,000,000 Series J (“Series J ADSs”) representing 9,000,000 non-cumulative dollar preference shares, Series J;
16,000,000 Series K (“Series K ADSs”) representing 16,000,000 non-cumulative dollar preference shares, Series K;
34,000,000 Series L (“Series L ADSs”) representing 34,000,000 non-cumulative dollar preference shares Series L; and
37,000,000 Series M (“Series M ADSs”) representing 37,000,000 non-cumulative dollar preference shares Series M.
Each of the respective ADSs represents the right to receive
one corresponding preference share, is evidenced by an
American Depositary Receipt (“ADR”) and is listed on the New
York Stock Exchange (“NYSE”).
The ADRs evidencing the ADSs above were issued pursuant to
Deposit Agreements, among the company, The Bank of New
York as depository, and all holders from time to time of ADRs
issued thereunder. Currently, there is no non-United States
trading market for any of the non-cumulative dollar preference
shares. All of the non-cumulative dollar preference shares are
held by the depository, as custodian, in bearer form.
At 31 December 2004, there were 238 registered shareholders
of Series D ADSs, 129 registered shareholders of Series E
ADSs, 144 registered shareholders of Series F ADSs, 90
registered shareholders of Series G ADSs, 90 registered
shareholders of Series H ADSs, 109 registered shareholders
of Series I ADSs, 73 registered shareholders of Series J ADSs,
64 registered shareholders of Series K ADSs, 9 registered
shareholders of Series L ADSs and 1 registered shareholder
of Series M ADSs.
On 29 March 1994 and 23 June 2003, respectively, the
company issued 8,000,000 Exchangeable Capital Securities
(“X-CAPs”), Series A and 34,000,000 Exchangeable Capital
Securities, Series B, each in connection with a public offering
in the United States. On 30 September 2004, all of the
outstanding Series B X-CAPs were exchanged into 34,000,000
non-cumulative dollar preference shares, Series L. The Series
A X-CAPs are listed on the NYSE and trade under the symbol
‘RBSPRX’. Currently, there is no non-US market for the Series A
X-CAPs.
On 20 August 2001, the company issued US$1.2 billion of
perpetual regulatory tier one securities (PROs) in connection
with a public offering in the United States.
The ADSs, the X-CAPs and the PRO’s are listed on the NYSE.